- Products and Services -
Overview
RUN Microfinance Bank ensures that sending and receiving money is quick and hassle-free with our secure Fund Transfer services.
Features and Benefits
Kindly visit the bank at
Main Gate, Redeemer's University Ede, Osun State or call
07065267459,
08039678191,
08034715783,
08067811194
- More Products and Services -
gives you the advantages of competitive interest rates and the availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, an organization or an association. • Simple account opening process • Attractive interest rates • Statement of account (on request) • SMS Alert services • Email Alert services • No maintenance charges • Zero opening balance
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provides you with unlimited access to your money at all times. You can manage your business, execute your payments and receive your salary through this account. It is available to both individuals and corporate bodies. • Funds Transfer to all financial institution in Nigeria • Internal transfers free of charge • Encashment of cheques • Standing order transfers/payments • Free statement of account • Transparent transaction • SMS Alert services • Email Alert services • Zero opening balance
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allows you to fix your money for a chosen period of time and gain attractive interest rates. • Minimum amount of N100,000 • Competitive interest rates • Maturity 30 - 360 days • Flexible tenor • Fixed interest rate throughout the tenor (negotiable)
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gives you the advantages of competitive interest rates and the availability of your funds, without forfeiture of interest in case of withdrawal. The account may be owned by an individual, an organization or an association. • Simple account opening process • Attractive interest rates • Statement of account (on request) • SMS Alert services • Email Alert services • No maintenance charges • Zero opening balance
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Disbursement starts from 1st day to last day of the month. Interest rate is 3% flat per month or 5% at a reducing balance. • Equity contribution of 15% of loan amount. • Minimum of 3 and maximum of 5 members in a group. • The amount of loan is minimum of 50,000 with an increase of N25,000 for second level and maximum of N100,000 per member on level 3 • A weekly repayment of loan with saving and interest will be collected by the credit officer/marketer during weekly meetings of the members • A registration of N2,000:00 to be collected for each member • An interest rate of 6.0% per month is applicable
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Disbursement Day starts from 1st of every month to last day of the month. Maximum of N250,000. Daily repayment with interest of 7.5% minimum. • Minimum amount of N100,000 • Competitive interest rates • Flexible tenor • Fixed interest rate throughout the tenor (negotiable)
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