Steps for Target Savings

Take some easy steps
for Opening a Target Savings

1
Set a Target
Determine how much you want to place in your deposit plan (minimum of N100,000) and investment plan (60 days, 90 days, 180 days or 365 days)
2
Create a Savings Target Account
In just 2 simple fields, set how much and thetarget you are looking to save into your Savings account.
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3
Set Debit Preferences
Daily, weekly or monthly, Yes MFBank collects the amount you have set from your debit card and saves it in your account.
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4
Withdraw Periodically
You can withdraw all or part of your savingsinto your bank account at any of the withdrawal dates for FREE.
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YES Target Savings Acount

Yes Target (Fixed Deposit) Account rewards with highly competitive interest rates, giving the average, middle class, high-networth-individuals, corporations and financial institutions the opportunity to invest and earn good returns on their investment.

YES Microfinance Bank Limited
… Superior Digital Micro Banking!

Benefits
  • - Our investment is insured by NDIC (Nigeria Deposit Insurance Corporation). Visit www.ndic.gov.ng to find out more about the NDIC
  • - Backend interests with principal at the end of tenure
  • - Interest rates on deposits above NGN 2,000,000 can be negotiated
  • - Tenure from 30 days months to 365 days with an option of roll over.
  • - Tenure from 30 days months to 365 days with an option of roll over.
  • - Option of monthly interests paid into
Features
  • - Highly Competitive Interest Rate
  • - Minimum amount N100,000
  • - No transaction fee
    • Requirements
    • - Completed account opening form
    • - Valid Utility Bill (must reflect client’s full names, current place of residence and signature)
    • - Valid Means of Identification
    • - One Passport photograph
    Open a Target Account

    What our clients say about us

    Great experience.

    – James Oghenekaro

    I am grateful for Yes, I have been able to move my business to the next level.

    – Moromoke Ogunbiyi

    I will really like to continue doing business with you, thank you.

    – John Peter

    Good service keep it up

    – Teslim Abubakar

    Our winning Edge in business sectors

    We have the passion to see the MSMEs grow to enviable heights and our commercial terms are suitable to enhance business growth.