Ekondo Investment Note (EKIN)

Ekondo Investment Note

 

This product is a tenured savings products in which the customer can fix his/her excess cash for a period of time. The product is available to both individual and corporate customers.

Features and benefits

  • Starting balance is not less than N50,000
  • Attracts interest far larger than conventional
  • It is tenured for 30,60,90 or 180 days etc
  • Can be used as collateral for loan
  • Amount above N 2m attracts negotiable interest rates
  • May be accepted as collateral