IZON-IBE SAVINGS ACCOUNT
This is a regular savings account designed to allow individuals from all walks of life save for the raining day.
Features
- Opening account balance of N2,000
- Minimum account balance of N1, 000.
- ATM card to all account holders (on request).
- Savings withdrawal slips
- Accessibility to your funds from our network of online branches across Bayelsa State.
- Flexible operating conditions including cash withdrawals.
- Interest rate from 2 % per annum.
- Interest forfeited on more than three withdrawals in a month.
- Access to micro loans ( below N 50,000)
IZON –IBE CURRENT ACCOUNT
Features
- This is a deposit account designed to ease transactions for the holder
- For individuals above the age of 18 years.
- Non-interest bearing checking account.
- Opening account balance of N5,000 for individuals, N10,000 for organizations, groups, enterprises and corporate organizations.
- Customized cheque booklets.
- Facilitates easy transfer of funds and payment services.
- Accepts cheque dividend warrants and other instruments.
- Access to loans
IZON-IBE FIX
This account is designed to allow customers enjoy higher interest rate on their idle funds.
Features
- A fixed deposit account for all desiring customers.
- Minimum deposit of N50, 000.
- Interest rate from 4 %. Per annum
- Good interest rate that is based on the amount and tenor of investment.
- Premature liquidation attracts a 30 % penalty on the net accrued interest.
- Deposits could serve as cash collateral for loans
IZON-IBE BORROW AS YOU SAVE ACCOUNT
This is a target savings account designed to enable customers save daily towards set objectives. Withdrawals are not encouraged on the account.
Features
- For all categories of persons and businesses (workers, artisans, business owners, apprentices, students and children.
- Opening account balance of between N500 to N2,000
- Minimum account holding balance of N500.
- ATM card to all account holders (on request).
- Savings withdrawal slips
- Interest rate at 2 % per annum.
- Interest forfeited on forced withdrawals.
- Customers who save consistently over a minimum period of 3 months can access 50 % of their total savings.
IZON –IBE THRIFT DEPOSIT (ESUSU) ACCOUNT
Features
This is available to traders, artisans, other small businesses, unions, clubs and groups.
- Minimum account opening balance of N500 for individuals and N 3000 for groups.
- Minimum account holding balance of N500.
- Account can be opened using a third party identification.
- is done daily or weekly at customers' place of business or meeting venue.
- The customer forfeits a day or weekly contribution (depending on what is agreed upon) every month to the bank as service charge.
- Interest forfeited for more than three withdrawals in a month.
- Individuals can access up to N50, 000 to N150, 000 and groups N200, 000 to N500, 000 after three months of consistent daily savings.
