Products / Savings Accounts / Classic Savings Account
Classic Savings Account
Save with Confidence, Grow Your Future
The Classic Savings Account is a flexible savings solution designed to help you achieve your financial goals. Whether you're saving for emergencies, future plans, or everyday needs, this account provides a secure and convenient way to grow your money.
Ideal For: Individuals aged 18 years and above who want a simple and secure savings account.
Benefits
- Safe and secure way to save your money
- Earn interest on your savings
- Suitable for both short-term and long-term savings goals
- Easy to open and manage
Account Details
| Eligibility | Adults (18 years and above) |
| Interest Rate | 2% per annum |
| Minimum Opening Balance | ₦2,000 |
| Minimum Operating Balance | ₦500 |
Requirements
- Duly completed Account Opening Form
- National ID Card
- Valid National Identification Number (NIN)
- Recent utility bill (electricity, water, or rent receipt)
- Two (2) recent passport photographs
Ready to Apply?
Take the first step towards achieving your financial goals. Visit any First Royal Microfinance Bank branch today to open your Classic Savings Account and begin your savings journey.
Open Classic Savings Account