Skip to main content

AG Mortgage Bank PLC

AG Money Club

A collective, community-driven savings program focused on empowerment, financial independence, access to mortgages, and home ownership. The Club operates on group-based saving structures, fostering accountability and mutual motivation while delivering tangible financial benefits.

Features

Key Features

Transparent loan terms built to support sustainable homeownership.

Group Savings

Group savings in clusters of 10–50 people

Flexible Contributions

Minimum monthly contribution is ₦10,000 per individual

24-Month Savings Plan

Savings tenor is 24 months with attractive interest

Benefits of AG Money Club

Discounted gym and i-Fitness membership packages

Referral rewards and entertainment perks

Discounted health insurance cover after 3–6 months of active savings

Got questions?
Well, we've got answers

What is the AG Money Club?

The AG Money Club is a community-driven savings program designed to promote economic empowerment, financial independence, and homeownership. Members save together in groups to achieve specific financial goals, including access to mortgages.

Who can join and how are groups structured?

Membership is open to groups or clusters that can commit to active savings. Members are organized into small clusters of 10–50 people, allowing for focused and manageable contributions toward group savings goals.

How much do I need to contribute and for how long?

Each member contributes a minimum of N10,000 monthly. The savings plan runs for 24 months, offering flexibility while encouraging consistent, goal-oriented savings.

What are the benefits of joining the AG Money Club?

Members enjoy a competitive 10% interest rate on savings, discounted health insurance through partner companies, guaranteed referral rewards, and entertainment perks like discounted movie tickets.

Are there eligibility requirements for additional benefits like insurance?

Yes. To access the health insurance scheme, members must have actively saved for 3–6 months. This ensures commitment and rewards consistent savings behavior.

Couldn’t find what you were looking for? Visit our Helpdesk or write to us at help@agmortgagebankplc.com