Polaris Salary Account is designed for individuals in paid employment. The account allows customers receive their monthly income while enjoying superior banking services and access to loan offerings.

The account also gives customers access to multiple loans (Personal Term loan, Salary advance, Auto loan, Mortgage loans & Credit cards) at once. 


  • Easy on-boarding
  • Zero opening and operating balance
  • Competitive interest on savings
  • Free Verve Debit Card for first issuance
  • Mobile banking transaction daily limit of N30,000 at a maximum of N3,000 per transaction (For Instant Salary)
  • Mobile banking transaction daily limit of N100,000 at a maximum of N10,000 per transaction (For Instant Salary Plus)
  • Maximum single deposit limit of N50,000 and cumulative account balance of N300,000 (For Instant Salary)
  • Maximum single deposit limit of N100,000 and cumulative account balance of N500,000 (For Instant Salary Plus)
  • Maximum of 4 withdrawals monthly; Interest forfeiture if withdrawal exceeds four (4) times in a month
  • LCY & FCY denominated
  • Access to e-channel platforms
  • Access to loans

Account Opening DocumentationPolaris Instant Salary AccountPolaris Instant Plus Salary AccountPolaris Salary Account - Savings
1 passport photograph
Bank Verification Number (BVN)
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)-
Proof of Address (PHCN, Water bill, Waste disposal bill, tenement, etc.)--
Premises Verification Report--
Resident permit (for expatriates)--
Reference forms (only required to allow customer pay in other banks’ cheques)--

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