NOVA GrowBox

• Earn attractive returns higher than the regular savings accounts.
• Flexible tenors (6–12 months) to suit your financial goals.
• Savings discipline built-in by withdraw only after maturity to help you stay consistent.
• Fund and monitor your savings from anywhere using NOVA Phygital Mobile banking App.
• Access to loans — use your savings as collateral for loans up to 70% of your investment.
• Joint account option — save together with your partner, friend, or family.
• Automatic savings plan — set up recurring deposits and grow without stress.

Choose the GrowBox that fits your lifestyle and savings goals:

 GrowBox Prestige

• Minimum Monthly Savings: ₦10,000+
• Tenor: 6–12 months
• Ideal for young earners and first-time savers
• Earn competitive interest and enjoy digital convenience

GrowBox Priority

• Minimum Monthly Savings: ₦50,000+
• Tenor: 6–12 months
• Designed for professionals and families saving for mid-term goals
• Enjoy higher interest rates and flexible goal-based savings

GrowBox Platinum

• Minimum Monthly Savings: ₦100,000+
• Tenor: 6–12 months
• Perfect for high-income earners and business owners
• Enjoy the highest interest rate (up to 10% p.a.)
• Access loan facilities up to 70% of your investment

• Interest Rate: 8% – 10% per annum, depending on variant and tenor.
• Tenor: Minimum of 6 months and maximum of 1 year.
• Early Liquidation:
  • 50% interest penalty if withdrawn halfway through the tenor.
  • Full interest forfeiture if withdrawn before halfway mark.
• Withdrawal Process: Liquidation and transfer to a regular account take 48 hours
• Accessibility: Available via NOVA Phygital Mobile App.
• Loan Collateral Option: Access up to 70% of your savings as a loan at competitive rates.
• Transfer Limitation: Funds must be liquidated into a NOVA current or savings account before any third-party transfer.
• Joint Account: Available for partners, families, or friends.
• Automatic Debit: Set automatic transfers to reach your goals easily.

To open your NOVA GrowBox Account, please provide:

• Completed account opening form (If you don’t already have a NOVA Bank account)
• Completed additional account form (If you already have a NOVA Bank account)
• Valid government-issued ID (National ID, Driver’s License, or International Passport)
• Passport photograph
• Proof of address (Recent utility bill)
• BVN
• NIN

(Terms and conditions apply.)