Question: Which bank is the best for student in Nigeria?

How much can a student account hold in Fcmb?

A: You can deposit up to N300,000 daily with single deposit limit of N50,000.

What is the maximum amount in a UBA student account?

What is the maximum amount for uba student account. The amount amount for uba student account is N300,000 and it can’t exceed the amount. Student account in Nigeria is a tier one bank account and mostly limited to three hundred thousand naira.

Is Axis Bank good for students?

Axis Bank is also the best bank for students by helping them manage their funds without any hassle. … The bank will offer you a debit card that comes with an ATM limit of INR 40,000 per day and a shopping limit of INR 1 lakh. You will also get lost card liability and purchase protection cover worth up to INR 50,000.

Which private bank is best for students?

List of Top 10 Best Banks in India 2020

  • Housing Development Finance Corporation Bank (HDFC) HDFC is a well-reputed private bank of our country. …
  • Axis Bank. Axis bank is the most popular bank in India. …
  • State Bank Of India (SBI) …
  • Bank Of Baroda. …
  • ICICI Bank. …
  • Industrial Development Bank of India Bank (IDBI)
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How much is the maximum amount in student account?

What is the maximum amount for student account in Nigeria? The answer is N300k (three hundred thousand naira) and it can’t be exceeded unless you upgrade your student account to tier two or tier three bank account.

Can someone withdraw money with BVN number?

One of these is the question “Can Someone use my BVN to withdraw?” It is worthy of note that the BVN is an identification system to verify your ownership. It is some sort of financial ID card. Therefore, your BVN cannot be used to withdraw money from your bank.

What’s the easiest bank account to open?

The 5 best second chance bank accounts

  1. Chime. …
  2. Peoples Bank Cash Solutions Second Chance Checking. …
  3. Radius Essential Checking. …
  4. BBVA Easy Checking. …
  5. Woodforest National Bank Second Chance Checking.

What is the maximum amount in First Bank student account?

The First Bank Student Account Limits

A first bank student savings account has a capacity of N300,000 like other banks’ instant accounts. But be aware that if you opened a standard savings account in First bank, then there is no limit.

What is the maximum amount a savings account can hold in Nigeria?

The maximum amount for savings account in Nigeria is N300k for tier 1 savings account, N500k to N1M for tier 2 savings account, while unlimited for a tier 3 savings account.

What is the maximum amount for current account in Nigeria?

Since the money in current accounts are used for business transactions, there is no limit to the amount of money that a current account can carry in Nigeria. Depending on the bank, they would require individuals use the minimum balance of ₦5,000 to open a current bank account and ₦10,000 for corporate.

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Portal for students