Products / Savings Accounts / Save4Xmas Savings Account
Save4Xmas Savings Account
Save Today, Celebrate Tomorrow
The Save4Xmas Savings Account is a seasonal savings plan designed to help you prepare financially for the Christmas season. By saving consistently throughout the year, you can enjoy the festive period with greater confidence and peace of mind.
Ideal For: Adults who want to save towards their Christmas and end-of-year expenses.
Benefits
- Encourages disciplined savings throughout the year
- Helps you prepare for Christmas expenses with ease
- Earn attractive interest on your savings
- Secure and convenient savings solution
Account Details
| Eligibility | Adults |
| Interest Rate | 5% per annum* |
| Minimum Opening Balance | ₦2,000 |
| Minimum Operating Balance | ₦500 |
| Withdrawals | No withdrawals during the savings period to qualify for interest |
*Interest applies when no withdrawals are made during the savings period.
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?
Start saving today and make your Christmas celebrations stress-free. Visit any First Royal Microfinance Bank branch to open your Save4Xmas Savings Account.
Open Save4Xmas Savings Account