Conquer Your Savings Goals: Lock Away Your Success!

Tired of watching your paycheck disappear before you can reach your goals? Introducing Mkolo Locked Savings, the saving solution designed to help salary earners like you achieve your dreams, faster.

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Licensed by the CBN

Benefits of Mkolo Locked

Tired of watching your salary slip through your fingers? Wish you could boost your savings without the temptation to touch them? Enter Mkolo Locked, the locked savings account designed for smart salary earners like you.

Set and Forget it

Choose your lock term (3, 6, or 12 months) and watch your savings automatically accumulate with a competitive interest rate.

Temptation-proof

No impulse withdrawals! Once locked, your funds are secure, helping you stay committed to your goals.

Effortless Savings

Automate transfers from your paycheck directly into your Locked Savings account for a hassle-free experience.

Reach Goals Faster

The power of compound interest and locked commitment means you'll reach your milestones quicker than ever before.

`Peace of Mind

CBN regulated and NDIC-insured safety for your hard-earned savings, giving you complete peace of mind.

Product Features

Opening amount

Start with as little as N100!

Minimum Balance

No minimum balance

Add funds

Any funds anytime or setup automatic funding

Withdrawal

Withdraw in case of emergency after 10 days

Interest fee

Attractive interest rates from 7% P/A

Convenience

Manage your account on the go 24/7

Take control of your finances today!

Open your Mkolo account and start saving smarter, the way you deserve.

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MKOBOBANK is registered in Nigeria as MKOBO Microfinance Bank (No. RC1234231), 3rd floor, 13 Hughes Avenue, Alagomeji, Yaba, Lagos. You will find the growing MKOBO team working at the same location. We are authorised and regulated by Central Bank of Nigeria (CBN) under registration number 51188.By using this website, you understand that the services and products offered on this website (“Services and Products”) are for information purposes only. No persons gaining access to this website in any jurisdictions may treat any materials or information provided on this website as constituting an invitation to them to subscribe for the services, nor should they in any event use such Services, unless in the relevant jurisdiction, the Services could lawfully be made to them. Accordingly, nothing contained in this website shall constitute an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not lawful. It is the responsibility of any person to inform themselves and to observe all applicable laws and regulations of any relevant jurisdiction before they subscribe for the services. MKOBO shall have the final determination of eligibility to subscribe for any of the Services.For any enquiry or complaints regarding to Fraud, please contact our Fraud Help desk via email at frauddesk@mkobo.com.ngThe information contained in these pages is not intended to provide professional advice and should not be relied upon in that regard. Persons accessing these pages are advised to obtain appropriate professional advice when necessary at all times in their respective jurisdiction.