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Product Description

This product is designed to help investors grow their investments within 12months to N1,000,000.00 or more with the main target being medium income earners and also self employed individuals.

Product Features

  • Minimum entry amount of N100,000.00
  • Minimum monthly additional investments of N50,000.00
  • Investors can monitor their investment any working day from the website
  • Principal and Interest earned will be rolled over on maturity, if no investment instruction is given between 7 days prior to maturity.
  • Bonus of 2% p.a. on principal for those who did not part-liquidate during the year.
  • Interest payable every 90 days (optional)
  • Full or a partial liquidation allowed before maturity but attracts a 20% penal charge on accrued interest

Target Market

Medium income earners and also self-employed Individuals

Minimum Tenure

Days

Product Benefits

  • Investors will have an opportunity to grow their funds to a certain amount thereby using it for set targets and projects
  • Bulk sum realized at maturity can be utilized in a target project.
  • Principal and interest earned are guaranteed upon maturity.
  • It can serve as collateral for loan from UT at a discounted interest rate.

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