Zenith Bank Plc, has introduced the Zenith Children’s Account (ZECA) education loan to assist parents pay their children/ wards school fees as the new school session begins.
The loan offering, 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 children/wards at any of the bank’s branches.
Commenting on the new loan product, the Group Managing Director/Chief Executive of Zenith Bank Plc, 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 specialized savings product for children between the ages of 0-17 years. The account enables parents/ guardians save towards securing the financial future of their children/wards.