Personal Banking
Accounts
Find the perfect account that fits your lifestyle and financial goals.
NOVA Classic Savings Account
Tier 1, Tier 2 & Tier 3
Nova Classic Savings Account is a flexible savings solution that helps you grow your money with competitive interest rates across three tiers, rewarding higher savings with better benefits. It encourages consistent saving while giving you easy, secure access to your funds anytime via mobile and online banking. The account is quick to open through USSD (*682#) or the NOVA Bank mobile app, and is structured into tiers designed to match different savings needs and rewards.
- Zero opening balance, making it easy to get started
- Tiered interest structure to maximize your earnings
- Earn interest on all deposited funds
- Debit card issued for every account opened
- Secure and insured deposits (NDIC insured)
- Convenient online and mobile banking services
- Access to statements and transaction history online and via mail
- Easy access to your funds when you need them
- Ideal for cultivating disciplined savings over time
- Tier 1:
Requires only your Bank Verification Number (BVN) for basic account access.- Maximum account balance: ₦300,000
- Daily single transfer limit: ₦50,000
- Tier 2:
Requires both Bank Verification Number (BVN) for enhanced features and higher transaction limits.- Maximum account balance: ₦500,000
- Daily single transfer limit: ₦100,000
- Tier 3:
Requires an account upgrade, which can be completed online or at any NOVA Bank branch. The following documents are required:- Completed upgrade form
- One passport photograph
- Proof of residential address (e.g., utility bill not older than 3 months)
- Bank Verification Number (BVN) and National Identification Number (NIN)
- One reference (required for depositing dividend warrants or cheques up to ₦2,000,000)
- Unlimited deposits and withdrawals
This tiered structure offers flexibility and a seamless pathway to access more features, higher limits, and greater convenience as your financial needs evolve.
NOVA Growbox Hybrid Savings Account
Tier 1, Tier 2 & Tier 3
Nova Growbox Investment is a high-yield solution designed to support structured savings and long-term financial growth. It helps you steadily build funds for emergencies or achieve specific goals such as retirement, real estate acquisition, or major purchases. Ideal for medium- to low-income earners, it allows you to start small while earning competitive returns over time.
- Two investment variants: 6-month and 12-month tenors
- Attractive returns of 8% – 10% per annum, depending on the selected variant and tenor
- Withdrawals processed within 24 hours via mobile and online channels
- Access to loans of up to 70% of your investment value (collateralized)
- Standing instruction or scheduled automatic debits for consistent, hassle-free savings
- Seamless joint savings option for shared financial goals
- Investment instruction (mandatory)
For existing Nova Bank customers, only an investment instruction is required.
For new customers without an existing account, the following documentation is required:
- Duly completed Account Opening Form (online or at any NOVA Bank branch)
- One passport photograph
- Proof of residential address (e.g., utility bill not older than 3 months)
- Bank Verification Number (BVN) and National Identification Number (NIN)
- Investment instruction
NOVA Kiddikash Account
Tier 1, Tier 2 & Tier 3
Nova Kiddikash is a parent- or guardian-managed account for children and teens aged 0–17. It helps young users save money, build healthy financial habits early, and safely access banking services under adult supervision. Account is owned by the child but managed by parents/guardians
- Competitive interest to help grow your child’s savings
- No maintenance fees, making it cost-effective
- Fully managed and controlled by a parent or guardian
- Easy access via NOVA Bank’s digital channels (mobile app, USSD, and online banking)
- Encourages early saving habits and financial literacy
- Optional debit card linkage (subject to bank policy)
- Child’s birth certificate
- Parent or guardian valid ID
- Bank Verification Number (BVN) and National Identification Number (NIN)
- One recent passport photograph each for the child and the parent/guardian
- Proof of residential address (e.g., utility bill not older than 3 months)
- A minimum opening balance
NOVA Current Account
Tier 1, Tier 2 & Tier 3
A transaction-based account designed for frequent use, allowing deposits, withdrawals, transfers, and cheque transactions with easy, unrestricted access to funds.
- Unlimited access to funds with no daily withdrawal limits
- No minimum opening or operating balance required
- High transaction capacity with no limit on monthly deposits and withdrawals
- Access to cheque book and loan facilities
- Supports direct debit instructions, standing orders, and automated payments
- Enables third-party transactions
- Easy local and international fund transfers
- 24/7 access via mobile, internet, USSD, and ATM banking
- Instant ATM/debit card issuance for ATM, POS, and online transactions
- Suitable for both individuals and businesses
- Access to POS services for merchants and agents
- Duly completed account opening form (submitted online or at a NOVA Bank branch)
- Valid government-issued ID (National ID, International Passport, or Driver’s License)
- Bank Verification Number (BVN) and National Identification Number (NIN)
- One recent passport-sized photograph
- Proof of residential address (utility bill not older than 3 months)
- Two satisfactory references from current account holders
- Employment letter (required for salary earners)
- Minimum opening balance is required to activate the account
NOVA Diaspora Savings & Investment Account
Tier 1, Tier 2 & Tier 3
The Nova Diaspora Savings & Investment Account is designed for Nigerians living abroad to securely manage their finances in Nigeria while building wealth for the future. It allows Non-Resident Nigerians to save in naira or foreign currencies (NGN, USD, GBP, and EUR), receive remittances, and earn interest on their savings.
- Earns interest on account balance
- Allows remote account management from anywhere in the world
- Debit card access for local and international transactions (where applicable)
- Internet, mobile, and USSD banking access
- Ideal for remittances and personal savings
- Secure and convenient cross-border fund management
- Supports seamless global banking access anytime, anywhere
- Duly completed Diaspora Savings Account opening form
- Valid Nigerian passport
- Valid residence permit, work permit, or visa from country of residence
- Bank Verification Number (BVN) and National Identification Number (NIN)
- One recent passport-sized photograph
- Proof of overseas address (utility bill or bank statement)
The NRN BVN is designed for Non-Resident Nigerians living abroad who do not yet have a Bank Verification Number (BVN) but wish to open a Nigerian bank account. It provides you with a unique identity across all Nigerian banks, making it easy to verify and access your banking services from anywhere in the world.
The NOVA Diaspora Property Assurance Mortgage (NDPAM) is a tailored financing solution designed for Nigerians living abroad who want to own homes in Nigeria with peace of mind. In partnership with credible real estate developers, NOVA Bank provides structured mortgage finance through a secured warehousing arrangement, backed by Bank Guarantees (BGs) and Performance Bonds (PBs). This ensures transparency, safeguards customer funds, and eliminates risks of fraud or non-delivery.
NOVA Domiciliary Account
Tier 1, Tier 2 & Tier 3
Explore global currencies, seamless transactions, and competitive rates with our Domiciliary Account.
- Hold and transact in USD, GBP, and EUR
- Receive international transfers without currency conversion
- Foreign currency deposits and withdrawals
- Debit card access for international use (where applicable)
- Cheque book facility (on request)
- Operated via branch, mobile, and internet banking
- Suitable for business, travel, education, and personal savings
Secure and seamless cross-border transactions
- Duly completed account opening form
- Valid ID (National ID, International Passport, or Driver’s License)
- BVN and NIN (for individuals)
- Recent passport photographs
- Proof of address (utility bill not older than 3 months)
- Initial deposit in USD, GBP, or EUR (as required by the bank)
Additional for Corporate Accounts:
- CAC Certificate of Incorporation
- MEMART and CAC status report (CAC 1.1)
- Board resolution authorizing account opening
- Valid IDs and passport photos of directors/signatories
- Proof of business address
Salary Account
Tier 1, Tier 2 & Tier 3
The Nova Employee Salary Account is a specially designed account tailored for salaried individuals to receive their monthly income and manage everyday financial transactions with ease. It provides convenient access to funds, supported by seamless and secure digital banking services, ensuring a smooth and efficient banking experience. The account is ideal for salary earners, including employees of both private and public sector organizations. In addition to basic transaction capabilities, it offers features that support effective money management, quick payments, and reliable access to banking services anytime, anywhere.
- No opening and minimum balance required
- Instant ATM card issuance
- Cheque book availability
- Direct debit instructions allowed
- Internet, Mobile and USSD banking services
- Reference Form
- Valid Means of Identification
- BVN/NIN
- Proof of Address
- Passport Photograph
- Employer Confirmation / Staff ID
NYSC Account
Tier 1, Tier 2 & Tier 3
The Nova NYSC Account is a specially tailored banking solution designed to support National Youth Service Corps members throughout their service year. It provides a secure and convenient way to receive monthly allowances (allawee) while offering flexible tools to manage daily finances with ease.
With a focus on simplicity, accessibility, and digital convenience, the Nova NYSC Account ensures corps members can bank anytime, anywhere making the service- year financially stress-free.
- Seamless receipt of monthly NYSC allowance
- Zero account maintenance fees
- Customized Nova debit card
- Full access to mobile and online banking platforms
- Fast transfers and easy bill payments
- Nationwide access to ATMs and banking services
- NYSC Call-Up Letter/NYSC ID Card
- Bank Verification Number (BVN) and National Identification Number (NIN)
- Recent passport photograph
- Proof of address
Institutional Account (Clubs, Cooperatives)
Tier 1, Tier 2 & Tier 3
The NOVA Institutional Account is designed for registered non-profit and institutional bodies to manage funds transparently, efficiently, and in line with proper governance structures. It supports collective financial management, accountability, and structured fund usage through authorized signatories. It is ideal for clubs, societies, associations, religious bodies, and other social or community-based organizations managing donations, dues, levies, and project funds.
- Operated in the registered name of the institution
- Multiple authorized signatories for accountability
- Cheque book facility available
- Access to internet and mobile banking
- Suitable for managing donations, dues, levies, and project funds
- Enables direct debit instructions
- Supports structured and transparent financial administration
- Certificate of registration with relevant authority
- Constitution, rules, and regulations of the organization
- Minutes or resolution approving account opening
- BVN and NIN of directors/signatories
- Passport photographs of authorized signatories
- Valid means of identification for signatories (where applicable)
- Proof of organization’s address (utility bill)
- Proof of residential address of directors/signatories (utility bill)
- Additional identification documents for signatories as required