Target Savings Account

Instant Cash Loan, Asset Finance, SME Business Loan, Commercial Business Loan, Salary Advance, Temporary Overdraft, Overdraft Loan Banking Products, Super Savings Account, Saving Accounts, Investment Notes, Fixed Deposit Account

Target Savings Account is a high interest bearing account that encourages financial discipline through savings. This product is designed to enable you save towards a specific target. Whether it’s a Wedding, Holiday, New Car, Higher Education, School Bills, House/Shop Rentals, House Warming, Graduation, etc).

Whatever your financial goal is, the CIT Target Savings Account can help you achieve it.


» Opening balance Min of N200 daily or N1,000 weekly.
» Frequency at the discretion of customer.
» Interest rate @ 8% p.a
» Minimum duration is 90 days.
» Monthly maintenance charge of N50 not applicable.
» Termination before maturity will attract non-payment of interest.
» Opportunity of daily, weekly and monthly savings.

Customers who save without withdrawal for 6 months shall be entitled to a raffle draw.
Items to be won include pressing iron, toasters, microwave oven etc.
Raffle draw to come up once in a year.