Savings Account

SAVINGS ACCOUNT PRODUCTS:

• Madelyn Regular Savings Account (Madelyn Regular):

Madelyn Regular Savings Account is a savings account that is not only affordable but also enables customers to enjoy all the benefits of a regular savings account.

Features:

• Affordable minimum opening balance
• Affordable minimum balance
• Attractive interest rate
• Access to ATM debit card
• SMS Alert

• Madelyn Prestige Savings Account for Individuals (Madelyn Prestige- i):

The Prestige Saving Account for Individual is a unique savings account that gives an individual the flexibility of a current account. The account provides cheque books that can be cashed at any of our branches.

Features:

• Minimum opening balance of N5,000.00
• Minimum operating balance, N2,000.00
• Customized cheque for withdrawals
• Allows third party withdrawals
• Attractive interest rates on balance
• Withdrawals limited to 2 times in a month
• ATM debit card
• SMS Alert

• Madelyn Prestige Savings Account for Enterprises ( Madelyn Prestige-e):

 

Features:

• Minimum opening balance of N15,000.00
• Minimum operating balance N5,000.00
• Customized cheque for withdrawals
• Allows third party withdrawals
• Attractive interest rate
• Withdrawals limited to 4 times in a month
• ATM debit card
• SMS Alert
• Telephone Banking Service

4. Madelyn Merry-Go-Round Savings Account (Madelyn Merry-go-round):

Madelyn Merry-Go-Round Savings account is for children of birth up to 17 years of age. With Merry-go-round, you inculcate in your children/wards a savings culture while saving up for their future. Children’s cash gifts at naming ceremony, birthday parties, etc can be used to open this account.

Features:

• Minimum opening balance of N2,000.00
• Free Standing Order for parents/guardians who are Madelyn Bank account holders
• Attractive interest rates
• Free ATM debit card if the age of 13
• Allows lodgement of cheques/dividend warrant
• SMS Alert