With e-Barcs Current-Individual account, you get:

• Account is a current
• Minimum opening balance of N5,000
• No minimum operating balance
• Issuance of Cheque book
• Card issuance
• Profiled for internet and mobile banking

With e-Barcs Current-Account+, you ger

• Account is a current account
• Minimum opening balance of N25,000
• Search is conducted on account
• No minimum operating balance
• Issuance of Cheque book
• Card issuance
• Profiled for internet and mobile banking

• Corporate Current account
• Minimum opening balance and maintainable balance of N200,000 ·
• Search is conducted on account
• Issuance of Cheque book
• Card issuance
• Profiled for internet and mobile banking

With e-Barcs Regular, you get:

• Zero Account Opening Amount
• Payment Card issuance
• Interest forfeiture applied after 3 withdrawals
• Interbank transfer charge applicable
• Access to mobile and internet banking
• Account opened Digitally or Manually
• Good Interest Rates

With e-Barcs Combo, you get:

• Minimum Opening balance of N5,000
• Minimum operating balance of N2,500
• Access to internet and mobile banking
• Issuance of Internal non-clearing cheque book
• Card issuance at N2,000
• Interest forfeiture applied after 3 withdrawals
• Group Savings
• Interest Yielding

With e-Barcs Combo+, you get:

• Gives customers access to lockdown funds for a specified period for a project
• Minimum opening and operating balance of N100,000
• Forfeiture of interest after one withdrawal in a month
• Non-withdrawal within 6 months attracts additional interest between 1-2% per annum
• No card issuance
• Access to mobile and internet banking
• High yielding Interest

With e-Barcs Beta Pikin, you child gets:

• Product target for children
• Minimum account opening balance is N1,000
• Deposit of e-dividend warrants in the name of the child
• Permit withdrawal
• Permit 5 withdrawals in a month after which attracts loss of interest
• Account will be opened by parents or guardian
• No card issuance
• Birth certificate and all KYC requirements of parents or guardian
• Permit transfers in and out of the account
• Allows inflow into accounts

With e-Barcs Fixed Deposit, you get:

• N 1million minimum amount
• Attracts 30% forfeiture of total accrued Interest for early liquidation
• No card Issuance

With e-Barcs Target, you get:-

• Attractive interest rate of 7.50% per annum
• Minimum opening balance of N10,000
• Customer has the choice of periodic savings amount
• No withdrawal within 6 months or interest is forfeited
• Funding for target project depends on amount saved

• Nano loans (Keremi)
• No collateral application with only BVN
• Clean Credit History
• Fully Digital assessment and disbursements in 30 minutes
• Max amount is N50,000
• 60 days Tenor
• Disbursement must be into the e-Barcs account
• Meet our Risk Acceptance Criteria

• Financing Household equipment and appliances
• Financing renewable energy items/Installation
• 40% equity contribution
• Insurance cover on items financed
• Product Delivery to your doorstep
• Digital assessments and disbursements of loans
• Max amount N2,500,000
• Minimum amount of N25,000
• For employees or Business owners
• Statements of account for the last six months
• 1-12 Months Tenor
• Meet our Risk Acceptance Criteria.

• Product shall be to finance core trading activities (Working Capital Finance)
• For Businesses up to 2years and above
• Either Overdraft or Term Loan
• For stock refinancing and import trade Financing, Clearing, and transportation of goods.
• Monthly Repayment of principal and interest
• Minimum of 1% of Principal amount as Compulsory savings monthly · Max loan amount N20 million · Meet our Risk Acceptance Criteria.

• Product shall be to finance core trading activities (Working Capital Finance)
• For Businesses up to 2years and above
• Either Overdraft or Term Loan
• For stock refinancing and import trade Financing, Clearing, and transportation of goods
• Monthly Repayment of principal and interest
• Minimum of 1% of Principal amount as Compulsory savings monthly
• Max loan amount N20 million
• Meet our Risk Acceptance Criteria

• Purchase of productive assets
• 30% Equity contribution in the account
• Confirmed proforma Invoice from Seller
• Insurance Cover on the financed assets against fire/ burglary and special peril
• Loan can cover your automobile Purchase need
• Borrow Up to 20 million
• 1-12 months Tenor
• Meet our Risk Acceptance Criteria

• Product is specifically designed to finance shop purchases
• Shop can be located in the Markets, Shopping Complexes or Streets
• Minimum 30% equity Contributions
• Fire and special perils Insurance cover
• Borrow up to N20 million
• Meet our Risk Acceptance Criteria

• Product will finance existing contracts or discount invoices of reputable institutions determined by the Bank
• Confirmation of Invoices
• 30% equity Contribution for LPO financing
• 70% Discounting of Invoice
• Domiciliation of payments with the Bank
• Goods in transit insurance for perishable goods · Max loan amount 20M · Max 90 days Tenor · Meet our Risk Acceptance Criteria

• This product is for economically active traders at the bottom of the pyramid in market clusters
• Loans are disbursed in groups but into individual member's accounts
• Repayment/ Collection of Principal and Interest is weekly electronically or by cash
• Maximum loan amount for each individual in the group is N500,000
• Group size from 5-10 persons
• Insurance of stock or goods against fire, burglary, and special perils.
• Cross guarantee from members
• Must meet our Risk Acceptance Criteria

• Salary advances to employees of private and public sector Institutions not under IPPIS.
• Maximum loan amount of N1million
• Cheques drawn against salary account or Direct Debit Mandate
• Proof of Employment (Employment Letter, ID Card, and Official e-mail confirmation)
• Provision of 3 months’ payslips/12 months bank statements

• Loans to Civil Servants under IPPIS platform
• Verification of employee status via IPPIS Numbers, payslip
• Last 6 months bank statements
• Insurance on job loss
• Max Loan amount N1 Million

• Loan for serving Corp member
• Account Must be domiciled with e-Barcs
• Loan repayment must be within the period of service
• Max of N100,000
• Any Corp member who has spent more than 2 months in service shall not qualify for the loan
• Portfolio size of N200 Million