Maybe you love to save money for a purpose
Maybe you don't have saving habit and you feel like keeping a certain amount of money every month or a certain percentage of your income or earnings
You may be an undergraduate and want to venture into business after school or want to have your own capital to start. I know of my friend that receives #70,000 monthly since 100level without saving a kobo and still go broke before month ending, he receives this amount every months for three academic sessions which is 8 months multiplied by 3.
My friend would have saved 0.48million during his degree if he has been saving 20,000 out of 70,000 he receives from his parents. His parents will forever be encouraged if they find out that their son has been able to achieve this feat in four years by maintaining a good saving habit, they will never hesitate to support him financially if he will be in need of their assistance in years to come.
Maybe you are a youth corper or about to serve and you do not want to spend your allowance on frivolities.
Abi you are working class bachelor and want to plan for your wedding, accommodation, first car and so on.
Then this package is for you.
GT-target savings account gives you opportunity to save certain amount of money into this account for a specific period of time, this is how it works.
1. Go to your nearest GTbank and request that you want to open this account. It is absolutely free!!!
2. Fill the form and submit it, you must have an account with GTbank from which the money will be automatically deducted from every month as soon as the money in the account is up to the amount you agreed to save into your target account
3. This account has no ATM.
4. You can never withdraw from this account until your target is met
5. You will determine the expiry date of the account by yourself by filling the manufacturing and expiry date in the form,
6. Your money will automatically be transferred to your original account with the interest as soon as it expires except you want to increase it life span by reaching another agreement with your branch.
What are you waiting for my fellow NAIRALANDERS?
Yoruba adage says: "olorire eniyan kin fi owo mewewa jeun" meaning for one to be financially independent, you must learn not to stop eating with your 10 fingers I.e. you must not consume everything you have produced.
I have made enquiries from other banks if they offer such service as regards this kind of savings account, but the response I got was only fixed deposit has such signatory. How on earth do these bank want student like me to get such amount of money to open fixed deposit?
NB: Meet the customer care of your respective banks to know if they offer such service so you could begin to save money with specific target(s) in mind just like me and your saving habit will grow from their.
I shall reach my target next May.

Oh finally.something have been praying for

I like it. It's cool.

It's a great product by GTBank. Read how to open the account, how to withdraw etc here.