Products / Savings Accounts / Gold Savings Account
Gold Savings Account
Open Your Account Anytime, Anywhere
The Gold Savings Account is a digital savings account that allows you to open an account online through the First Royal Microfinance Bank website. It's a fast, secure, and convenient way to begin your banking journey, with the option to upgrade to a standard savings account as your banking needs grow.
Ideal For: Adults looking for a simple and convenient way to open a savings account online.
Benefits
- Open your account online in minutes
- No minimum opening balance required
- Earn interest on your savings
- Upgrade to a standard savings account at any time
Account Details
| Account Type | Tier 1 Digital Savings Account |
| Interest Rate | 2% per annum |
| Minimum Opening Balance | ₦0 |
| Minimum Operating Balance | ₦500 |
| Maximum Account Balance | ₦300,000* |
| Maximum Single Deposit | ₦50,000* |
| Upgrade Option | Can be upgraded to a Standard Savings Account |
*Subject to applicable regulatory guidelines for Tier 1 accounts.
Requirements
- Valid Bank Verification Number (BVN)
- A mobile phone number and email address for online registration
Ready to Apply?
Experience the convenience of digital banking with the Gold Savings Account. Open your account online through the First Royal Microfinance Bank website and start saving today.
Open Gold Savings Account