Victory Savings Account (VISA)
This product allows customers to save for cash collateral that enables them to access commercial mortgages, such as funding for a shop and shop renovation
VISA Kiddies
A targeted savings account for children, opened in the child’s name and operated by the parent or guardian
Features:
- Target savings of a minimum of ₦1,000,000 for the year
- Earn 10% interest rate on savings
- Save consistently for one year to qualify for a mega draw
- Stand a chance to win a scholarship award of N100,000.00 towards school tuition
- Educational gifts (Customized school bags) for all qualifying kids' accounts
- Opportunity to participate in an end-of-year fun fair for account holders.
VISA Premium
Ease of account opening. Safety of investment with AGMB.
Features:
- Consistent savings of ₦50,000 and above for six months gives access to a maximum loan of ₦1,000,000
- Access to a maximum loan of ₦1,000,000
- Customers are entitled to 2 times their savings as a loan after 6 months.
- Provision of a credible guarantor as security for the loan (movable assets, which will be registered with the National Collateral Registry (NCR).).
- NDIC insured
- Earn 10% interest rate on savings
Benefits
Safety of investment
Attractive and predictable return
Ease of account opening
Social investment opportunity
Got questions?
Well, we've got
answers
The Victory Savings Account (VISA) is a special savings plan that combines attractive interest rates, long-term savings discipline, and access to affordable loans. It offers scalable interest (never below 5%), is fully NDIC-insured, and runs on a 360-day tenor with a convenient rollover option.
VISA is designed for two main customer categories:
- Visa Kiddies – focused on secure investments for children, with guaranteed safety of funds through AGMB.
- Visa Premium – ideal for adults who want a hassle-free account opening process and smooth financial planning.
You can get started with a low initial deposit of just ₦5,000, making it accessible for beginners and experienced savers alike.
After saving consistently for six months, you become eligible to access a loan of up to ₦1,000,000. You can borrow up to twice the amount you’ve saved, giving you greater financial leverage to meet personal or business needs.
To qualify for a loan, you need:
- Six months of consistent savings
- A credible guarantor (e.g., post-dated cheques or shop receipts)
- Or moveable assets registered under NCR as collateral—giving you more flexibility and reducing reliance on third-party guarantors.
VISA offers an attractive and scalable interest rate, depending on your balance, but never below 5%.
This means your money grows steadily throughout the 360-day saving period, helping you build a stronger financial foundation.
Yes. All VISA accounts are fully NDIC insured, ensuring protection of your deposits.
Additionally, AGMB prioritizes the safety of investment, especially under the Visa Kiddies plan, giving you complete peace of mind.
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