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
Features:
- Savings for short term/ long term project, such as housing project, starting a new business, buying a car, getting married, paying school fees, paying house rent.
-Minimum: N2000 daily deposits or N10, 000 deposits 6.8% interest per year.
- Duration: 6 months
- Incentives: Branded gifts at the end of the year.
Terms and conditions:
Withdrawal more than twice during duration automatically forfeits 40% of 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
Features:
- It’s a mini investment account with high yield interest, The principal and interest can be withdraw at the end of duration or rolled -over
- Minimum daily savings of N1,000, 8.5% interest per year.
- Duration: 12 months
- Incentives: Branded gifts at end of the year
Terms and conditions:
Withdrawal more than once during the duration automatically forfeits 40% interest yield.
I DEY WISE SAVINGS
Features:
-Pure savings account that can be targeted towards a short term plan.
-Minimum of N2, 000 daily deposits or N10,000weekly deposits , 4% interest per year
- Duration: 12 months
- Incentives: Branded gift at the end of tenure
MY LUCKY SAVINGS
Features:
- Promo savings where you stand to win a gift at every raffle draw.
- N1000 daily deposits, 2%interest per year on savings (payable every 3month ).
- Incentives: A chance to participate in the quarterly raffle draw where various prices can be won , prices include generator , fan ,iron , fridge, micro wave , gas burner ,T-shirts and other consolation prices.
Terms and conditions: Withdrawal within 3months of savings automatically forfeits the chances to participate in the raffle draw.
Stand a chance of winning cool prizes like Refridgerators, Microwave ovens, Washing Machines simply by saving small amounts of money in your Lovonus Promo Accounts. It is a Lovonus MFB Initiative to encourage the saving habit and further enrich the lives of our customers.
T&CS APPLY.
LOVONUS DIAMOND ACCOUNT
Features:
Save and maintain a minimum balance of N150, 000 or more for 6months and qualify for a raffle draw.
LOVONUS GOLD ACCOUNT
Features:
Save and maintain a minimum balance of N100, 000 or more for 6months and qualify for a raffle draw.
LOVONUS SILVER ACCOUNT
Features:
Save and maintain a minimum balance of N50, 000 or more for 6months and qualify for a raffle draw.
LOVONUS BRONZE ACCOUNT
Features:
Save and maintain a minimum balance of N 20,000 or more for 6months and qualify for a raffle draw.
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
QUICK LINKS
PRODUCTS
ABOUT US
- ABOUT LOVONUS
- MANAGEMENT TEAM
- DIRECTORS
- New Iddo Park And Ultra-Modern Shopping Complex Iddo, Ottoway Lagos
- 01 270 2218
- info@lovonusmfb.com