dedicated deposit varieties....

OVER 7 YEARS OF ACTUALIZING DREAMS

MANNA MFB DEPOSIT VARIETIES

Manna MFB is the most innovative Microfinance Bank in Nigeria. With a passion to deliver secured bankup services to our stakeholders, we help actualize your dreams.

MANNA SAVINGS

This is the regular savings account; uniquely upgraded with attractive features to impact positively on the lives of our valued customers to both encourage a healthy and fast rewarding saving culture.

 

Features:

  • Minimum opening balance of N500.00.
  • Issuance of passbook and I.D. card to account holder.
  • If consistently operated for six months without withdrawal, it is rewarded with higher interest rates and other accruing benefits.
  • Attracts interest rate.
  • Build up account for loan facility.

MANNA LITTLE DROPS

This account is designed to relieve parents and guardians the problem associated with their children/wards’ educational enhancement such as school fees, and other financial requirements.


Features:

  • Minimum opening balance of N1,000.00.
  • Attracts special interest rate.
  • Birthday gifts for account holders with a balance of N100,000.00 at their birthday date.
  • Customers who maintain minimum balance of N50,000.00 by December qualify to participate in the raffle draw at the end of year children party
  • Withdrawal at the beginning of every school term.

MANNA EMPOWERMENT

This product is designed to assist unemployed young graduates, apprentices with entrepreneurial training/seminar on different trades and skills acquired to start up a business venture which will enable them to be self reliant.

Features:

  • Minimum opening balance of N500.00.
  • Savings from allowances.
  • Proof of acquired skills.
  • Feasibility study of proposed viable venture.
  • Easy access to start up loan.
  • Rendition of financial advisory services.
  • Account holders become employers of labour.

MANNA BETA TOMORROW

This product is designed to assist traders, self-employed and artisans to plan and achieve targeted financial needs that will enhance their trades such as tools, motor cycle, tricycle, taxi, bus, wedding ceremony, graduation, apprentice freedom, working capital for business expansion etc.

Features:

  • Minimum opening balance of N1,000.00 for individual, N5,000.00 for Groups/Associations etc.
  • Deposit can be made as fixed sum or streams.
  • Consistent account operation for a minimum period of 3 months before withdrawal to qualify for loan facility.
  • Attracts interest rate if operated as savings account.

MANNA DAILY CONTRIBUTION ACCOUNT(ESUSU)

This is the age long traditional daily contribution for 30 days before withdrawal. This uniquely packaged product enables the customer to get the 30 days contribution earlier and repay later.

 

 

Features:

  • Minimum opening balance of N500.00.
  • Customer determines the daily amount to contribute.
  • Fixed amount is contributed consistently for 30 days.
  • After one month savings, opportunity to save for 10 days and obtain loan for 30 days saving amount.

MANNA IMPROVEMENT ACCOUNT

This product is designed to assist in the enhancement of medium size businesses such as renovation of facilities in educational institutions, etc.

 

Features:

  • Minimum opening balance of N5,000.00.
  • Regular and consistent account operation.
  • Minimum balance on account N50,000.00.
  • Satisfactory operation of the account for a minimum of 6 months quallifies the account holder for a loan facility to upgrade business facilities.
  • Attracts interest rate if operated as savings account.

MANNA BUTCHER ACCOUNT

This account is designed for butchers to assist in growing their businesses.
Features:

  • Minimum opening balance of N1000,00 for individual and N5,000.00 for Group/Association.
  • Operation account for a minimum period of 3 months consistently.
  • Save up a minimum of 40% of loan amount.

MANNA FESTIVE ACCOUNT

This account is meant to assist customers save towards the festive ceremonies(Christmas, Ileya etc.), pilgrimage to Mecca or Jerusalem can be embacked on without affecting the business capital

Features:

  • Minimum opening balance of N2,000.00.
  • Operate account for a minimum period of 3 months before withdrawal.
  • Deposits into the account can be fixed or streamed.
  • Attracts interest rate if operated as savings account.

MANNA CURRENT ACCOUNT

This is the traditional current account with the usual conveniences but repackaged with extra features to comply with our belief in shared happiness and drive to reward customers with good returns on their investments

Features:

  • Minimum opening balance of N5,000,00 for individual and N10,000.00 for corporate customers.
  • Allows the use of cheque book.
  • Funds transfer.
  • Provision of ATM card.

MANNA ``FRESH OIL`` ACCOUNT

This account is designed for churches. It recognizes the fact that some churches need “oil” to enable them grow in the vineyard of their calling. Expansion, payment of rent, purchase of musical instruments, chairs etc are catered for in this account.


Features:

  • Minimum opening balance of N5,000.00.
  • Attracts special interest rate.
  • Satisfactory operation of the account qualifies for a credit facility

MANNA PREMIUM ACCOUNT

This is a unique fixed deposit account packaged to give customers stable income stream.


Features:

  • Minimum placement amount of N1m.
  • Minimum tenor 90 days.
  • Attractive interest rate.

MANNA SELECT ACCOUNT

This account is meant for working class people, professionals with stable monthly income and business people.

Features:

  • Minimum opening balance of N20,000.00.
  • Minimum balance on account is N20,000.00.
  • Free COT charges.
  • Account can be used as collateral for loan facility.