Deposits | Koins Microfinance Bank - Quick Loans , Fixed Deposits, Savings, Savings and Investments, SME Loans, Quick Loans In Lagos


Enjoy great returns, and security on your investments


  • Earn attractive interest

  • 60 Days, 90 Days, 180 Days and 365 Days Tenor Options

  • Your investment is insured by NDIC (Nigeria Deposit Insurance Corporation)

  • Open with as low as ₦50,000

  • Open to corporate bodies


  • Properly completed application form (Individual/Corporate)

  • (Driver's License, International Passport or National ID card, and any other acceptable identification document deemed fit by the bank)

  • Copies of acceptable means of identification

  • One Recent Passport Photograph Utility bill issued within the last 3 months

Frequently Asked Questions

What is the least amount I can invest as a Fixed Deposit?

You can invest as little as ₦50,000 in a Fixed Deposit and watch your earnings grow!

For how long can I invest my funds in a Fixed Deposit?

You can invest your funds for little as 60 days or as long as 365 days. The longer you keep your funds invested with us, the higher your returns!

If I have an emergency, can I withdraw from my funds invested in a Fixed Deposit?

Yes, you can request for your funds (and accrued interest) at any time. However, you will be charged a pre-liquidation fee on the interest earned.

Is my Fixed Deposit investment secure?

Yes, your funds are safe with Koins Bank. All Fixed Deposit Investments are insured with the Nigeria Deposit Insurance Corporation (NDIC).

How can I make a transfer or payment using the NIBBS e-Bills platform to Koins Bank from a bank branch?

It’s quick, easy and instant – you do not even need to present a Koins account number! Submit an instruction and completed bank deposit slip to make a payment in favour of Koins Bank at any bank branch in Nigeria. The bank teller will process your request on the NIBBS e-Bills platform and issue a receipt to you afterwards. It’s that simple!

How can I make a transfer or payment using the NIBBS e-Bills platform to Primera MFB from my Internet Banking application?

You can make transfers or payments to Koins Bank from the comfort of your home, office or ‘on the go’. Just log in to your Internet banking application, and do the following: Click on Bill Payments >> Click on Payments & Collections >> Click on NIBSS e-Bills Payments >> Click on Choose a Biller >> Click on Koins Microfinance Bank >> Select the desired Product [ Loan Repayment or Fixed Deposit ] >> Input the desired amount >> Proceed to make the payment. It’s that simple!

See what our customers are saying

cbn logo

We are regulated by the Central Bank of Nigeria