Nigeria’s leading
financial institution, Zenith Bank Plc, has introduced the Zenith Children’s
Account (ZECA) Education Loan to assist parents pay their children/ wards
school fees as the new school session begins.
The loan offering,
which is disbursed directly to the account of the beneficiary’s
school, comes at a very competitive interest rate and flexible repayment
tenors.To access the loan, parents are required to open a ZECA account for
their children/wards at any of the bank’s branches.
Commenting on the new
loan product, the Group Managing Director/Chief Executive of Zenith Bank Plc,
Mr. Ebenezer Onyeagwu said “the bank remains focused on providing premium
financial solutions that create value for its customers and meet their
lifestyle needs.”
ZECA is a specialized
savings product for children between the ages of 0-17 years. The account
enables parents/ guardians save towards securing the financial future of their
children/wards.
Zenith Bank Plc is
recognized as one of the most innovative financial institutions in Nigeria and
was voted the most customer-focused bank in Nigeria for the Retail and SME
segments in the 2018 KPMG Annual Banking Industry Customer Satisfaction Survey
(BICSS).
The bank’s commitment to
world-class service standards has led to several product innovations over the
last few weeks including the “Zenith Timeless Account”, which allows Nigerians
aged 55 years and above bank for free, the “Zenith Save for Me”, a high
interest target savings account and “Dubai Visa Service” on the Zenith Internet
Banking Platform, which allows convenient application and payment for visas to
Dubai.

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