Target Savings
Structured savings plans that help you save with purpose
UnionKorrect
The UnionKorrect account is a tenured savings plan offering a structured approach to saving, ensuring your funds grow steadily over a specified period while giving you a chance to win exciting cash prizes.
Account Features & Benefits
- Minimum of ₦5,000 monthly contribution.
- 5.90% interest rate P.A
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Bi-annual draws for savings tenure of 48 months:-1 customer will be rewarded with ₦500,000- First Prize-40 customers will be rewarded with ₦50,000- Second Prize-100 customers will be rewarded with ₦25,000- Third Prize
Account Opening Requirements
- Existing Union Bank savings or current account
- Duly completed target savings (TSP) account opening form
- Email instruction to customerservice@unionbankng.com
UnionKorrect Dai-Dai
The UnionKorrect Dai Dai account is a tenured savings plan designed to promote financial inclusion and encourage disciplined savings habits among individuals with low disposable income, particularly in Northern Nigeria.
targeted at individuals with low disposable income. Customers are expected to save a minimum of N1k monthly over 24 months. This account is available only to 11 states in the northern part of Nigeria. Customers also stand a chance to win cash prizes in the annual draws.
Account Features & Benefits
- Minimum of ₦1,000 monthly contribution.
- 5.90% interest rate P.A
- Bi-Annual Draws for savings tenor of 24 months
– 1 customer will be rewarded with ₦100,000- First Prize
– 24 customers will be rewarded with ₦20,000 -Second Prize
– 200 customers will be rewarded with ₦10,000 -Third Prize
Account Opening Requirements
- Existing Union Bank savings or current account
- Duly completed target savings (TSP) account opening form
- Email instruction to customerservice@unionbankng.com
UnionFuture
This is a tailored savings product designed to offer individuals, particularly those without formal payroll structures and retirement savings plan. It is perfect for self employed individuals, traders, farmers looking to save and prepare for the future.
Account Features & Benefits
- Free life insurance cover of ₦100,000 at the attainment of ₦100,000 savings contribution.
- Minimum monthly contribution of ₦2,000 Monthly
- 5.90% interest rate P.A
UnionKorrect Exclusive
This account is ideal for individuals looking to save a lump sum of ₦500,000 or more to earn higher interest rates and exclusive benefits over a fixed period of 24 months.
Account Features & Benefits
- 24 months saving tenor
- 9.25% interest rate P.A
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Exclusive- Annual Rewards-1 customer will be rewarded with ₦1m- First price-10 customers will be rewarded with ₦500,000- Second price-75 customers will be rewarded with ₦100,000- Third price
Account Opening Requirements
- Existing Union Bank savings or current account
- Duly completed TSP account opening form
- Email instruction to customerservice@unionbankng.com
UnionBetta
Account Features & Benefits
- Free life insurance cover of ₦100,000 at the attainment of ₦100,000 savings contribution.
- Minimum monthly contribution of ₦2,000 Monthly
- 5.90% interest rate P.A
UnionFlex
Account Features & Benefits
- 6-60 months saving tenor
- 5.90% interest rate P.A
- Initial contribution of ₦20,000 and
- Subsequent (minimum) contribution of ₦10,000
Account Opening Requirements
- Existing Union Bank savings or current account
- Duly completed TSP account opening form
- Email instruction to customerservice@unionbankng.com
