Polaris Salary Account – Savings

This is the Bank’s salary account scheme for individuals in paid employment. The account allows customers receive their monthly income while enjoying superior banking services and loan offerings. The account is available in three (3) variants;

  1. Polaris Instant Salary Account
  2. Polaris Instant Salary Plus Account
  3. Polaris Salary Account -Savings
Features and Benefits
  • Zero opening balance
  • Zero minimum operating balance
  • Default savings interest rate applies
  • Interest forfeiture if withdrawal exceeds four (4) times in a month.
  • Zero Account Maintenance Charge
  • Access to e-channels platform
  • Free Verve Debit Card for first issuance
  • Easy access to Salary Advance and credit cards (for tier 3 only)
  • E-mail and SMS alert
  • Secure online banking with Polaris Xperience
  • Access to PolarisMobile and USSD Banking (*833#)
Account Opening Documentation
  • TIER 1 – Polaris Instant Salary Account TIER 2 - Polaris Instant Salary Plus Account TIER 3 – Polaris Salary Account -Savings
    • Account Opening Form
    • Signature mandate card
    • 1 passport photographs
    • Bank Verification Number (BVN) of Applicant
    • Account Opening Form
    • Signature mandate card
    • passport photographs
    • Verifiable means of photo ID
    • Bank Verification Number (BVN) of Applicant
    • Account opening form
    • Signature mandate card
    • Two recent Passport photographs
    • Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
    • Utility bill (PHCN, Water bill, Waste disposal bill, tenement, etc.)
    • Resident permit (for expatriates)
    • Reference forms (only required to allow customer pay in other banks’ cheques)
    • Bank Verification Number (BVN) of Applicant
    • Premises Verification Report