OSFNG

Loan Mandatory Savings Plan

This plan is specifically for Members who have plans to borrow at a future date. Must save up to 10% of the amount requested. It also comes with a good interest rate.

Why Should I Have Loan Mandatory Savings Account?

One of the goals of Operation smile foundation is to reduce/eradicate poverty. One of the ways is by inculcating savings habit on her members. At OSF we hope that our members on loan can save up enough money during their loan repayment tenure that can qualify them for a bigger loan amount that will help them to boost/expand their business more. 

  • Minimum opening and operating balance is not less than 1% of loan installment amount. 
  • Secure & automated savings
  • Sure, and convenient withdrawals at the end of loan tenure
  • Convenient account opening at branch and online. 
  • DOCUMENTS REQUIRED  
  • Duly completed application form
  • 2 recent passport-size photographs
  • Current utility bill
  • A valid means of ID (national ID, driver's license, voter's card or international passport)
OSFNG

Frequently Ask Question

Couldn’t find your question on the list? no worries! drop us a message with your question and we’ll gladly answer.

What are the requirements for Saving OSF?
You must be a Member of Operation Smile Foundation on loan, have a verifiable source of income from a paid employment or must have been in business for at least 1 year. and must be aged 15 –65 years before you can open and operate Achievers Savings Account at any OSF branches. Our Client Support Officers (CSO) will be glad to assist you. 

How Frequently Can I Save?

Daily, weekly, monthly based on your repayment schedule. You can withdraw some or all of your savings and transfer money at any time to any account you want from any of our branches at the end of your loan tenure. 

How many savings plans can I have?

You can have as many LMS accounts as you have Loan accounts. You can save for your children, parents, vacation, education, or wedding. Each goal can have a separate account. You can also have other savings plans activated for you.

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Contact Us

132 Wetheral Road, Owerri, Imo State, Nigeria.
support@osfng.org
234-913-997-3419

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