Zenith Bank has introduced the Zenith Children’s Account Education Loan to assist parents pay their wards’ school fees as the new school session begin.
The loan offer, 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 wards at any of the bank’s branches.
Commenting on the new product, the Group Managing Director/Chief Executive of Zenith Bank, 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 specialised savings product for children between zero and 17 years of age. The account enables parents/guardians to save towards securing the financial future of their wards.
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