Last Updated on July 1, 2024 by admin
Guaranty trust bank Savings Accounts – If you are reading this guide because you want to know types of Gtbank savings account and how to open account and requirements this is the best guide you’ll get on this topic
Gtbank allows you to Save tomorrow today, with high interest and low charges savings and investment accounts. There are a number of reasons why the bank is among the best banks in Nigeria because they offer a range of solutions and services designed to meet your personal and business needs.
You can easily access Mortgages, Term Loans and corporate borrowing facilities …You can also efficiently Funds Transfer such as School fees, medical bills, life insurance, mortgage payments, utility bills, FX transactions… they’ll take care of your transfer to-do list, no matter how long.
Gtbank account holders can Access the Internet banking, GTConnect and GTBank Electronic Notification Service (GeNS).You can also have 24/7 banking service via various e-channels and Personalized Naira MasterCard for Online, POS and ATM transactions anywhere in the world.
In this post, we’ll provide an all-encompassing rundown of the type of Gtbank Savings Accounts in Nigeria, how to open an account and requirements.
Type of Gtbank Savings Accounts
1. GTSave
This kind of account earns attractive interest on your daily balance whilst enjoying 24/7 banking and a personalized Naira Mastercard for cash withdrawals and online payments.
Requirements to Open GTsave account
To open a Gtsave account you need to provide the following documents.
1.A signed copy of the GTSave account opening form.
2. A relevant means of identification (Driver’s License, International passport, National I.D Card).
3. One passport photograph.
4. Utility bill issued within the last 3 months.
2. GTPatriot
The GTPatriot account is uniquely tailored for Military and Paramilitary personnel in Nigeria. Available in Savings and Current Accounts, GTPatriot offers servicemen and servicewomen such as Nigeria Air Force, Navy, Army, FRSC, NSCDC, police etc. subsidized banking products and dedicated value added services.
Requirements to Open GTPatriot account
1.Duly completed GTPatriot Account Opening form (Tier 2 and 3 account)
2. One passport photograph
3. Regulatory ID card or Staff ID card
4.Letter of introduction from employer
3.GT Target
The GT Target is designed to enable you to save towards a specific target to achieve your financial goals.The account attracts 1.15% interest rate per annum and additional 1% bonus interest to customers who maintain Standing Order deposit for 1 year.
The Minimum mandatory standing order of N500 and Deposits into the account can be daily, quarterly, bi-annual and annual, no Standing Order restriction.Interest are paid every 6 months to customers who save consistently for 6 months. (You will forfeit the interest rate if any withdrawals are made before 6 months). 1% additional interest rate if consistent monthly savings is maintained for 12months.
4.GTCrea8 eSavers Account
The GTCrea8 eSavers Account is designed for undergraduates between the ages of 16 and 25, this account is designed to help you make the most of your money.The GTCrea8 eSavers Account customers are grouped into three different categories; Level 1, Level 2, and Level 3. As such, each category has different operational requirements.
5. Smart Kids Save (SKS)
The Guaranty Trust Bank Smart Kids Save (SKS) is designed to enable parents/guardians save for their children under 18 years of age, whilst also developing a savings culture in them. SKS can be converted into a regular savings or current account, with the young saver as an authorized signatory. This is however only after the Smart kid saver has attained the age of 18.
This kind of account Allows lodgments of cheques, drafts and dividends into the account, subject to a maximum of N1,000,000 per instrument.. it has Minimum opening/account balance of N1,000.00 (One Thousand Naira Only) it can also Allows lodgments of cheques, drafts and dividends into the account, subject to a maximum of N1,000,000 per instrument
This account is account is available in two categories:
.SKS (0 – 12 years)
.SKS Teen (13 to under 18 years)*
* The SKS Teen account is an additional account opened when the Smart Kid is/becomes 13 years and older.
Requirements for Documentation to open Smart Kids Save (SKS)
1. One passport photograph of signatory and Smart Kid.
2. Valid ID for each signatory (International Passport, National Driver’s license, National ID Card).
3. Utility bill
4. Copy of Smart Kids Birth Certificate.
6. GTInstant
The GTInstant account is designed for people who have minimal account opening documents. Enjoy the benefits of a banking relationship and receive the value you deserve.
How GTInstant Works
1.Your account number and Naira MasterCard are issued instantly. Just dial *737*0# with your BVN or download GTWorld to open a GTInstant Account.
2.You have a maximum single deposit limit of N50,000 per transaction and a maximum cumulative account balance of N300,000.
3.The GTInstant Naira MasterCard is valid for local transactions only.
4. Competitive interest rate at 1.15%.
5. You can upgrade your GTInstant account to a high value account by providing an ID and utility bill at any of our branches or visit here to upload your documents online.
7.Gtbank Fixed and Tenured Deposits
The Gtbank Fixed/Tenured Deposits account is a tenured investment account with a specific amount invested at an agreed interest rate and tenure and Earn competitive interest. you have a Tenure Minimum of 30 days, maximum of 180 days and you Access to all various electronic channels at no extra cost
How to Open Your gtbank Fixed and Tenured Deposits
1.kindly Visit the GTBank Branch closest to you
2.Account Officers will provide you a Request Form
3.Start growing your capital
8.Gtbank Call Account
Gtbank Call Account provides businesses with the opportunity to earn higher returns than a regular savings account. You also enjoy the added flexibility to withdraw your funds with only a 2 day notice period.
Documents to Open Gtbank call account.
1.A duly completed application form
2.Copies of acceptable means of identification (Driver’s License, International passport, 3.National I.D Card, and any other acceptable identification document deemed fit by the bank)
One passport photograph
4.Two (2) duly completed and suitable reference forms
5.Download the Call Account Opening Form and submit the completed form at any GTBank branch
