ZENITH Bank plc has launched a treasury scheme into the financial market. The scheme, the bank says, provides exceptional services that are tailored to suit the peculiar needs of each of its customers.
The firm notes that the package provides maximum returns on people’s funds through various investments focused on meeting its customers’ expectations. The services, it says, is meant for individuals, corporate organizations, parastatals among others, calling on Nigerians to take advantage of the product to better their lives.
While speaking on the Fixed Deposit package of the bank, it notes that the scheme offers competitive interest rates on short term money market product for customers who would want to save towards future projects.
Stating the benefit, the firm explained that, its tenure ranges from one month to one year, while there is high yield instrument on the scheme. The minimum initial deposit of N100, 000.00 is needed from an individual, as this product can be used as collateral for loan, it says.
Zenith bank maintains that transaction statements are available on request, while there is flexible interest rate which can be paid at every maturity or re-invested.
According to the bank, “At maturity, we offer options (subject to customers’ request) such as; automatic roll over of your deposit, placement on Call deposit until you decide your next step and so on”.
Explaining the Call Deposit of the firm, it states that, it is a flexible instrument that allows someone saves and earns interest, while having access to his funds incase of urgent needs.The bank notes that initial deposit of N100, 000 is needed from the would-be beneficiary, while it can be accessible within 24 hours notice without penalty.
The bank promise to improve its product services delivery such that, every customers would have a product that would suit its desire. “We are embarking on doorstep financial service delivery to ensure that customers do not need to walk a long distance before accessing our services,” says the bank.