GTB Target Account Helps You Save Money For A Purpose (e.g Wedding)


GT Target account is an automatic saving system by GTBank that encourages financial discipline through savings. This product is designed to enable you save towards a specific target - whether it’s a wedding, holiday, new car or higher education.  Whatever your financial goal is, the GT Target account can help you achieve it.

Once you create your GT Target account, you can proceed to set up standing instruction orders to fund the GT Target account at your desired frequency. You will be required to provide the account which will be debited for the standing instruction, the amount to be debited, the frequency (30days, 3 months etc), start date and end date.

Say you want to have N150,000 in six months, you can place a standing order to have N25,000 automatically transferred from your GTB savings account into your GTTarget account at a certain time every month for 6 months.


save money gtbank target account



What are you saving up for? Your next car? Your favourite smartphone? Just place a standing order to GTBank to make regular, fixed payments from your savings or current bank account to the GT Target account. Whenever you are set to withdraw the GT Target savings for the purpose you saved for, you can transfer it to your Savings account and withdraw the money at the bank or at the ATM.


Features of GT Target Savings Account


  • Zero account opening balance
  • Non-transactional account
  • Mandatory standing order of N5, 000 (minimum) 
  • Standing order frequency can be monthly, quarterly, semi-annually
  • Minimum savings period of six months
  • Maximum of 3 sub accounts can be opened for different financial goals and targets
  • Can be opened on GTBank internet banking platform or by walking into any GTBank branch

open gtbank target savings account



How To Open GT Target Account Via GTBank Internet Banking


==> Sign in to the GTB Internet Banking Platform
==> Click on "Self Service" on the side menu
==> Click on "GT Target Account" and follow the instruction.
==> GT Target Account number will be generated for you.
==> Thereafter, proceed to place your standing order instruction.

That's all.

What's your take on this?

Recommended : How To Withdraw From GTBank Target Account




Comments

  1. GTB is one of the best banks in Nigeria now, I can attest to that

    ReplyDelete
  2. Danny Schools3/15/2017

    Ok sir for this useful info.. I blog at myschools.com.ng

    ReplyDelete
  3. GTB sha! Well done o! This one is nice.
    https://oldnaija.com

    ReplyDelete
  4. Hmmm i have trying to register my GTBANK target account but it is impossible because in my App i cant find self service options, i'm using BlackBerry z10

    ReplyDelete
  5. What are the benefits of this target account? Is there an interest at the end of the saving period?

    ReplyDelete
  6. I have been trying to transfer money from the target acct to my savings account unsuccessfully. Would there be a particular reason for this?

    ReplyDelete

Post a Comment

We Love To Hear From You But Don't Spam Us With Links!

Want to be notified when I reply your comment? Tick the "Notify Me" box.

If your comment is unrelated to this post or you're trying to ask question about an old post, please drop it at our discussion platform here.

THANKS.