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Covenant Children’s Savings Account
Covenant Children’s Savings Account
With this account, parents can accumulate savings on behalf of their children. It is also a great means for children to learn how to manage their funds effectively.
- Minimum opening balance is
N2,000.00 - Minimum operating balance is
N1,000.00 - Minimum period for accumulated savings is 4 months
- Competitive interest rate.
- The account can be converted into regular savings account upon child’s attainment of required age.
- The child’s dividend warrants can be lodged into the account.
- The account could be used by the parents to save towards their children’s education.
Students below the age of 18.