Our Portfolio

Target Savings Account

We offer robust and dynamic target savings account. Such accounts include Pro-Pension/ Retirement Savings account (PPSA/RTSA), Education Target Savings Account (ETSA), Festival Target Savings Account (FTSA) And Project Target Account (PTSA).

About our Target Savings Account

Apart from PPSA which has special features due to its focus on post service years. Others such as ETSA, FTSA or PTSA focuses on easy ways to achieving your immediate dreams by encouraging savers to consistently save up to 50% of the requirement while NPMFB provides 50% without delay.

Pro-Pension Savings Account – PPSA

PPSA is a special savings account for salary earners. It entails an equal savings contribution from monthly emolument without frequent withdrawal until the end of service or change of employment. Upon retirement, a holder of such account can access up to triple of the amount contributed to start a new career or business without other collateral security.

Benefits

Easy savings plan
Pre- qualification for term loan
High interest on saving of 5%.
Withdrawal can be done once in a year.
No charges on account.
Free business plan and advice
Free entrepreneurship training

Procedures

Completion of saving account opening form
Completion of PPSA commitment formn

We are committed to you

Our professionalism is second to none.

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Our Services

We have put together products and services tailored to soothe your needs.

PEP

A special group loan scheme of women and female customers of the bank. It provides opportunity for spouse/relative of officers of Nigerian Correctional Service to exhibit their potential and enjoy financial stability in businesses. Customers are encouraged to independently for themselves into a group of five to twenty members of access business empowerment micro loan under PEP. Repayment is weekly for 24 weeks and interest is 3% per month.

Online Transactions

With our view on partnering with some of the world service providers in online banking, we hope to revolutionize banking at the microfinance level. Watch this place!

Fees and charges

Competitive! That's the best word to define our fees and charges. Kindly walk in to discuss with us on your expectations

Financial Services

Our financial services ranges from the conventional banking products; Savings, Current and Fixed deposit account to some tailor-made products- PEP, Triple D, Esusu, etc

Loan Request

This is open to all salary earners. It comes in two forms – Short term and medium term Finance. Short term is available to all personal current account holders but maximum tenure for repayment 6 month while Medium term customer loan is available to all our customers who have domiciled their salary accounts with Nigerian Correctional Service Microfinance Bank Ltd (NCoS MFB Ltd)

I want to save or invest

Interest on our investment opportunities is mouth-watering. We plan carefully to build your confidence and ensure that every steps we take with you is result-driven.