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Company Profile

Ancient of Days savings and loan ltd is registered in 2010 in Nigeria
with a registration number RC 904833. Our aim is to enable people to
actualize their dreams.
We operate different kinds of accounts and also give loans to our customers
without much stress.
With us the security of your money is 100% assured because we have Diamond bank as our bank. We welcome old and new customers call.

Our services Include:

1. Savings Account
2. Property Account
3. Foodstuff Account
4. Interest Account
5. Loan

In Details:

1. Savings Account:
This is an account in which the customer is allowed to withdraw the money he/she deposited at any time he/she wishes.
This attracts subtraction of one portion out of the total money deposited.

2. Property Account:
This is an account operated by customers in order to obtain a certain property. E.g. Car, T.V., Fan, Refrigerator, L.C.D. etc..
Note: Anytime savings for property is equal to the market price of the property, we will send the item to the customer.

3. Foodstuff Account:
This is the same as property account but involves food items only e.g. Rice, Provision, Tomatoes, etc.

4. Interest Account:
This is a type of account that yields interest for the customer. In this account, the customer will maintain minimum of 6-12 months without withdrawing money from the account.

6 months to obtain 5% Interest

12 months to obtain 10% interest

S/N	Total Savings	Interest for 6 mths (5%)	Total Money after 6 mths	Interest for 12 mths (10%)	Total money after 12 mths
1	5,000	250	5,250	500	5,500
2	10,000	500	10,500	1,000	11,000
3	20,000	1,000	21,000	2,000	22,000
4	30,000	1,500	31,500	3,000	33,000
5	50,000	2,500	52,500	5,000	55,000
6	70,000	3,500	73,000	7,000	77,000
7	100,000	5,000	105,000	10,000	110,000
8	200,000	10,000	210,000	20,000	220,000
9	500,000	25,000	525,000	50,000	550,000
10	1,000000	50,000	1,050,000	100,000	1,100,000

 

5. Loan:
We offer loan to our customer without collateral but only those who have good record of savings are qualified. Customers are given 10 months to clear their loans.

See the diagram below for the types of loans and interest involved.

S/N	Loan Type	Savings #	Loan #	Payment Plan Monthly	Interest Per Month
1	Low income loan	5,000	20,000	2,000	100
2	School fees loan	7,500	30,000	3,000	150
3	Home Appliances Loan	17,500	70,000	7,000	350
4	Okada Loan	25,000	100,000	10,000	500
5	Shop loan	37,500	150,000	15,000	750
6	Warehouse loan	50,000	200,000	20,000	1,000
7	Taxi / Keke loan	87,500	350,000	35,000	1,750
8	Property loan	125,000	500,000	50,000	2,500
9	Business loan	250,000	1,000,000	100,000	5,000