Individual Account

Individual Savings
Account

Secure your future with a Regent Savings Account. Enjoy high interest rates, easy access, and a fantastic banking experience built around you.

Up to 15% p.a.

NDIC Insured

24/7 Access

Individual Savings

Interest Rate

Up to 15%

per annum

Min. Balance

₦1,000

to open

Insurance

₦5M

NDIC cover

Why Choose Us

Account Benefits

Everything you need to save smarter and reach your financial goals faster.

High Interest Rates

Earn up to 15% interest per annum on your savings your money grows while you sleep.

NDIC Insured

Your deposits are fully insured by the Nigeria Deposit Insurance Corporation up to ₦5 million.

Easy Access

Access your funds anytime via our mobile app, USSD, or any of our branches across Abuja.

Savings Goals

Set personal savings targets and track your progress automatically with our mobile app.

Real-Time Alerts

Get instant SMS and push notifications for every transaction on your account.

No Hidden Charges

Transparent fee structure no surprise deductions or hidden maintenance charges.

Get Started

Open Your Account in 3 Simple Steps

Opening a savings account with Regent MFB takes just a few minutes.

01

Visit or Apply Online

Walk into any Regent MFB branch or start your application through our online portal.

02

Submit Your Documents

Provide a valid ID, passport photograph, proof of address, and your BVN.

03

Make Your First Deposit

Deposit a minimum of ₦1,000 and your account is activated immediately.

Requirements

What You Need

Valid Means of Identification

Driver's License, International Passport, Voter's Card, or National ID/NIN Slip.

Passport Photograph

A recent clear passport photograph.

Proof of Residence

Utility bill not older than 3 months showing your current address.

BVN

Your Bank Verification Number (BVN) is required for account opening.

Initial Deposit

A minimum opening deposit of ₦1,000 to activate your account.

FAQs

Frequently Asked Questions

The minimum opening balance for an Individual Savings Account is ₦1,000.
Ready to Get Started?

Open Your Savings Account Today