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Estate Co-operative Scheme (ECS)
This is a target savings account aimed at saving towards a particular projects.
Mode of Operation
Opening balance of N500 only
Thereafter regular periodic payments: daily, weekly, monthly or as agreed
Withdrawal allowed only once in a month
Withdrawal only through personalised slip
Benefits
Attracts interest rate of 1% above the normal savings rate
It enables individual to save towards specific projects
Field officers come on agreed date and time for cash collection
Download Application Form
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