Participate in a structured fixed deposit savings opportunity designed to support the continued growth of the Saverite ecosystem while delivering strong and predictable returns.
-->Put your idle Savings to work! Lock your savings for a minimum of 1 year and earn massive interest monthly.
Per annum fixed return
Months minimum tenor
Minimum savings amount
Structured fixed deposit plan
Saverite is a digital savings platform built to help individuals cultivate disciplined savings habits through accessible technology-driven financial solutions.
Earn a competitive fixed annual return on your Fixed-deposit over a clearly defined tenor.
A clear structure for interest, maturity, and capital repayment gives investors visibility from day one.
Your fixed-deposit supports the growth of a savings platform serving a growing user base across Nigeria.
| Savings Type | Fixed Deposit Agreement |
|---|---|
| Minimum Savings | ₦1,000,000 |
| Tenor | Minimum of 12 Months |
| Interest Rate | 24% Per Annum |
| Interest Basis | Computed on a simple interest basis |
| Capital Repayment | At Maturity |
| Tax Treatment | Withholding tax on interest borne by Eastwood Cooperative Multipurpose Society |
Illustrative projections based on the fixed deposit agreement values provided.
| Deposit Amount (₦) | Tenor | Rate (p.a.) | Interest Earned (₦) | Maturity Value (₦) |
|---|---|---|---|---|
| 1,000,000 | 12 months | 24% | 240,000 | 1,240,000 |
| 5,000,000 | 12 months | 24% | 1,200,000 | 6,200,000 |
| 10,000,000 | 12 months | 24% | 2,400,000 | 12,400,000 |
| 20,000,000 | 12 months | 24% | 4,800,000 | 24,800,000 |
Below is a simplified website summary. The executed agreement remains the binding document.
Complete the fixed deposit agreement form to begin your application process.
For enquiries, call +234 904 000 2222 or email enquiries@saveriteapp.com.ng