Savings Account

Enriching the lives of our customers

With multiple awards over the years, Lovonus Microfinance Bank continues to distinguish itself in the financial service industry across Africa. We are at the forefront of innovation on the continent as we aim to deliver excellent services to our customers.

LOVONUS AJOR FUTURE TARGET ACCOUNT(LAFTA)

Savings for short term/long term project . With the minimum of =N=2,000.00 daily deposits. NB: Withdrawal from this account before 6 months automatically forfeits your interest yield

MY JOLLY PROJECT

Savings for short term/long term project such as housing project starting a new business, buying a car, paying school fees , house rent etc. With the minimum of =N=2,000.00 daily deposits. To enjoy 40% interest yield you need to hold your funds for more than 6 months NB: Withdrawal from this account more than twice automatically forfeits your interest yield

LOV KIDDIES

There’s no better way to give a child a little help later in life than with the Lov Kiddies Account.
Opening a Lov Kiddies Account is a great way to start your child on the habit of saving.
Lov Kiddies is a type of bank deposit product which is typically affordable because it aims to encourage children and young adults up to 18 years of age to start saving money in a bank account.

BIG FAT ACCOUNT

The Big fat account is a mini investment account with high yield interest, the principal and interest can be withdrawn at duration or rolled-over. account holders are entitled to 12% annual interests with as little as =N= 1,000.00 savings daily
NB: duration period for this account is 12months

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I DEY WISE SAVINGS

This is a pure savings account that can be targeted towards a short term plan with the minimum of
=N= 2,000.00 daily deposits or =N= 10,000.00 weekly held for 4months entitles you to 4% interest on your savings annually

MY LUCKY SAVINGS

My lucky savings is a Promo savings account where not only are you entitled to 2.5% annual interest on savings(=N= 1,000.00 with daily deposits payable every 3 months ,you also stand to win a gift at every raffle draw carried out by Lovonus Micro finance bank where you stand to win Gas cookers, T-shirts , Refridgerators, Pressing Irons and other exciting prizes.

Lovonus Microfinance Bank is licensed by the Central Bank of Nigeria under the Bank & Other Financial Institution Act (BOFIA) of 1991 (as amended) and the National Microfinance Regulatory and Supervisory Framework of December 2009

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