Polaris Community Savings Account

Polaris Community Savings Account is targeted at unregistered entities i.e., Associations, Clubs, Charities, Churches, Mosques, Estates (Residential) and other Not-for-profit Organizations in Nigeria.

Features & Benefits
  • Minimum opening and operating balance of N10,000
  • Default savings interest rate
  • Interest forfeiture if withdrawal exceeds four (4) times in a month
  • Non-Clearing cheque book available on request
  • Access to Internet Banking
  • Cumulative Balance of N50million
Account Opening Documentation
  • Account opening form
  • 1 recent passport photographs of each account signatory
  • Means of identification of signatories (Int'l passport, Driver’s license, National ID, Voters card)
  • Resident permit (for expatriates)
  • Copy of constitution
  • Copy of recently adopted minutes of meeting
  • Premises visitation report
  • Power of Attorney (where applicable)
  • Current utility bill (PHCN, Water bill, Waste disposal bill, tenement etc.)
  • Bank Verification Number (BVN) of Signatories

Download PolarisXperience or PolarisMobile from the App Stores.


Our relationship with you goes beyond banking.