ZECA Education Loan, another innovation from Zenith Bank
Ololade Adeyanju/
Nigeria’s leading financial institution, Zenith Bank Plc, has introduced the Zenith Children’s Account (ZECA) Education Loan to assist parents to pay the fees of their children and wards as the new school session begins.
The loan offer, which is disbursed directly to the account of the beneficiary’s school, comes at a very competitive interest rate and flexible repayment tenors. To access the loan, parents are required to open a ZECA account for their children and wards at any of the bank’s branches.
Commenting on the new loan product, the Group Managing Director/Chief Executive of Zenith Bank Plc, Mr Ebenezer Onyeagwu said: “The bank remains focused on providing premium financial solutions that create value for its customers and meet their lifestyle needs.”
ZECA is a specialized savings product for children between the ages of 0-17 years. The account enables parents and guardians to save towards securing the financial future of their children and wards.
Zenith Bank Plc is recognized as one of the most innovative financial institutions in Nigeria and was voted the most customer-focused bank in Nigeria for the Retail and SME segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey (BICSS).
The bank’s commitment to world-class service standards has led to several product innovations over the last few weeks including the “Zenith Timeless Account”, which allows Nigerians aged 55 years and above bank for free, the “Zenith Save for Me”, a high-interest target savings account and “Dubai Visa Service” on the Zenith Internet Banking Platform, which allows convenient application and payment for visas to Dubai.
0The Olu of Obafemi, Oba Taofeek Owolabi Kayode, has firmly denied any involvement in land…
A spectacular James Bond exhibition is set to launch in Vienna on September 7, 2024,…
Segun Atanda/ The African Development Bank (AfDB) has announced the appointment of Dr. Babatunde Samson…
Segun Atanda/ The police in Lagos have told how a major kidnapping plot was thwarted…
Segun Atanda/ In a significant boost to educational infrastructure in Bauchi State, the Shell Petroleum…
Segun Atanda/ President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC) today and launched…