OUR SERVICES
Everything You Need,
All in One Bank.
From savings to loans — Rephidim Bank has a solution for every stage of your financial journey.
Savings Accounts
Whether you're just starting out or need a full transactional account, we have the right account for every stage of your financial life.
Smart savings for every life milestone, open a savings account to enjoy steady interests
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
BENEFITS
- Open with just ₦2,000
- Access to loan facilities
- Steady interest on savings
- Access to Mobile Banking
Save daily with your group and create generational wealth
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
BENEFITS
- Open with just ₦1,000
- Free SMS alert
- Access up to 200% of your savings
- No physical collateral required — just a record of consistent savings
- Access to Mobile Banking
Manage your daily spending with a current account designed to keep up and build lasting financial strength
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
- 2 account references
BENEFITS
- Open with just ₦5,000
- Cheque lodgement allowed
- Access to loan facilities
- No restriction on deposit amounts
- Third-party transactions allowed
Fixed Deposits
Whether you're just starting out or need a full transactional account, we have the right account for every stage of your financial life.
From cooperate executives, businessmen to artisans, earn as high as 18% ROI on your investment
REQUIREMENTS
- Fill Account Opening Form
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
BENEFITS
- Determine how much you want to deposit (minimum of N500,000)
- Choose your preferred tenor for your investment plan(60 days, 90 days, 180 days or 365 days)
- Can be used as collateral to access loan facilities
- Make an online transfer or give a cheque
- Amount can be terminated before maturity, but forfeit 20% of interest as pre-liquidation charge
- Your Savings are fully insured by NDIC
Rephidim Loans
Whether you're just starting out or need a full transactional account, we have the right account for every stage of your financial life.
Small business loans to get you through the big stages of your business’ growth
KEY FEATURES
- Loan amounts up to ₦1 million
- Plan for short-term repayment
- Competitive interest rate
- Flexible repayment plan
- Designed for small business owners
- Smooth application process
Get loans that help you run your business operations, for the long term, we offer flexible loan options that fit any kind of business you run
KEY FEATURES
- Access loan amounts from ₦1 million and above
- Plan for short-term repayment
- Competitive interest rate
- Loan terms range from one to twelve months
- All registered businesses have access to this service
- Smooth application process
Support for you before payday, get salary loans that keep you going before payday comes
KEY FEATURES
- Get up to ₦5 million
- Flexible repayment plan
- Verifiable and stable employment is required
- Employer verification, Payslip, Valid ID required
Asset financing for your big business purchases or to augment your business equipment cost, rephidim is here for all your asset finance needs.
KEY FEATURES
- Access value of asset with 30% equity contribution
- Plan for short-term repayment
- Competitive interest rate
- Flexible repayment plan
- Designed for small business owners
- Smooth application process
Savings Accounts
Whether you're just starting out or need a full transactional account, we have the right account for every stage of your financial life.
Smart savings for every life milestone, open a savings account to enjoy steady interests
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
BENEFITS
- Open with just ₦2,000
- Access to loan facilities
- Steady interest on savings
- Access to Mobile Banking
Save daily with your group and create generational wealth
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
BENEFITS
- Open with just ₦1,000
- Free SMS alert
- Access up to 200% of your savings
- No physical collateral required — just a record of consistent savings
- Access to Mobile Banking
Manage your daily spending with a current account designed to keep up and build lasting financial strength
REQUIREMENTS
- A recent passport photograph
- Identification Card (Driver's License, Passport, National Identity Card, or Voter's Card)
- Public Utility Receipt (PHCN bill, water rate bill, tenement rate, or rent receipt) for the last three months
- 2 account references
BENEFITS
- Open with just ₦5,000
- Cheque lodgement allowed
- Access to loan facilities
- No restriction on deposit amounts
- Third-party transactions allowed
GET STARTED TODAY
Ready to Bank Smarter?
Join thousands of individuals and businesses who trust Rephidim Bank for their financial future. Open your account in minutes, completely online.