In line with its avowed commitment to help investors build real wealth and grow their investment, Vbank, Nigeria’s foremost virtual bank, says it’s offering 14 percent interest rate per annum on fixed deposit account on any amount
The fixed deposit account is a feature of the V Bank Mobile App that allowed customers to save and earn money at the same time. The interest rates on the fixed deposits are competitive and in line with market reality, the bank explained.
According to the bank, with a V Account, investors should expect a streamlined digital and mobile banking experience, ease of access to their accounts, swift and secure transfers, withdrawals as well as payment of bills.
While urging prospective investors to join the digital banking revolution by opening an account with V
Explaining how the V App works, it said: ‘’The V Mobile Application is your access to all things banking on the go. Opening a Vbank account is easy and can be completed within 2 minutes. The application enables you to create an account either by using an existing BVN number or an existing bank account number. … Let us get you started on opening your V Account.
‘’Open your salary, savings or current account – Categorize and create smart budgets for your expenses – Send money to 3rd parties for cash.’’
Vbank is owned and operated by ‘VFD Microfinance Bank, a Lagos-based financial services institution operating in the microfinance banking sector.
The bank offers a wide range of financial products and services to professionals and entrepreneurs across all sectors and it is a subsidiary of VFD Group