---

Home | Savings | ( 1 ) | Subscribe

Posted by Felix Okoli on Tuesday July 9, 2013 at 11:46:0:

Opening a bank account in Nigeria requires you to have an initial deposit and then providing some form of personal id and proof of your address. Yeah, there are many banks and there are many types of accounts but not all of them really offer you the ability to open an account with just NGN1000.

Well, if you have only a small amount of money to spare and want to open a basic account that requires only about N1000 deposit, then a savings account is the type of account to go for as they come with the least minimum initial deposit requirement.

Thinking of opening a savings account with just 1000 Naira? Well, you can find that there are some banks that offer you that option and so you don't have to invest a huge amount of money just for opening an account in Nigeria.

Here are some savings account products for banks in Nigeria that require as little at most a N1000 deposit
================

- Fidelity Bank Personal Savings account: Also called FPSS. It requires only N1000.

- FCMB Naira wise account: Requires only N500 for a start

- Access Bank Standard Savings Account: Requires online N1000 deposit

- Sterling bank Classic Savings Account: Only N1000 is needed

Now you know the banks that would accept only N1000 just to open a savings account for you.

---

Comments:

1
Re: Opening a bank account in Nigeria with just NGN1000 Reply by nafisat garba on Tuesday August 6, 2013 at 8:57:35:

if some dose nt hav id card or dose nt hav voters card,can d person open account





---

2
Re: Opening a bank account in Nigeria with just NGN1000 Reply by Tosho on Tuesday August 6, 2013 at 13:17:41:

I wat reg gtb bank




---

3
Re: Opening a bank account in Nigeria with just NGN1000 Reply by Adisa joseph on Monday August 12, 2013 at 14:25:21:

It's nice




---

4
Re: Opening a bank account in Nigeria with just NGN1000 Reply by muideen on Wednesday November 6, 2013 at 11:41:44:

Aw much does gtb collect for openin a savin account




---

5
Re: Opening a bank account in Nigeria with just NGN1000 Reply by Ebi on Thursday April 3, 2014 at 17:53:26:

Good list. But you 4got to mention diamondbank, with just N1000 you can open an account




---

6
Re: Opening a bank account in Nigeria with just NGN1000 Reply by Ayodele Badejo on Thursday April 3, 2014 at 20:59:55:

streling bank is really wonderful.i will be there




---

7
Re: Opening a bank account in Nigeria with just NGN1000 Reply by arigu francis on Sunday April 20, 2014 at 10:18:45:

I opened an account with gtbank but i use to have access to it




---

Comments:
Re: Opening a bank account in Nigeria with just NGN1000 Reply by Rejoice on Monday March 9, 2015 at 20:12:9:

I would love to open an account with any of the listed banks. But i love to know if is possible to get an ATM card afterwords? It say a week after? Thanks in anticipation

---

Re: Opening a bank account in Nigeria with just NGN1000 Reply by Felix Okoli on Monday March 9, 2015 at 20:12:9:

Yes it's possible to get an ATM within a week. Just make sure you also apply for it while opening the account.

---

Re: Opening a bank account in Nigeria with just NGN1000 Reply by Darlington uzoma akudo on Wednesday February 1, 2017 at 11:9:0:

I want to open an account

---

Re: Opening a bank account in Nigeria with just NGN1000 Reply by Adegbuyi Samuel Kehinde on Wednesday April 26, 2017 at 21:47:0:

I want to open sterling bank account.....thanks

---

Re: Opening a bank account in Nigeria with just NGN1000 Reply by busayo atiku on Monday July 3, 2017 at 17:21:29:

is there any savings account for people not up to 18years?

---

Re: Opening a bank account in Nigeria with just NGN1000 Reply by Felix Okoli on Monday July 3, 2017 at 17:21:29:

Yes, they have saving accounts for those people but it is normally opened with the consent of their parents/guardian. You can ask for children account at your bank branch.

---