Savings Products & Pricing
Borovault savings is built from live product configurations and clear rates. Users can create accounts, deposit from wallet, and withdraw based on plan rules.
Plan
Pricing
Best For
Rules
Regular Savings
10% p.a
Users that want flexible daily/weekly/monthly saving.
Create account, deposit anytime, withdraw back to wallet.
Target Savings
10% p.a
Goal-based saving with target amount and timeline.
Best for rent, school fees, business plans, and projects.
Locked Savings
20% p.a
Users that can keep funds untouched until maturity.
Withdrawal is restricted until the locked date.
Kiddies Safe
10% p.a
Parents/guardians saving for children.
Structured family saving with long-term discipline.
Account Creation
Users create savings using product code and title. Goal savings require target amount. Locked savings require locked date.
Funding & Withdrawals
Deposits are moved from the user's NGN wallet. Withdrawals return to wallet immediately when plan conditions are met.
Product Configuration
Savings products and rates are maintained centrally to keep pricing synchronized across the app.