How to open First Bank student account – If you’ve been looking for a way to open a First Bank student account in Nigeria, here is the ultimate guide for you.
We’ll walk you through the process of opening a First Bank student account step-by-step in this blog post. We’ll also go over the paperwork requirements and address some frequently asked questions (FAQs) from other students who want to open student accounts with First Bank.
You will be able to open your first student bank account either offline or online after reading this instruction.
What is a First Bank student account?
People who are still pursuing their education can benefit from the First Bank student account as they adopt a mindset of fiscal management.
You will also receive many perks as a student, including a zero account opening balance, cost savings, reduced student loan payments, and improved quality of life.
After the student graduates and the necessary KYC (Know Your Customers) information has been provided, this type of account can be converted to a savings account.
Requirements to open a First Bank student account
Before you can be permitted to open a First Bank student account in Nigeria, there are some requirements that need to be met. Below are some of them:
- Applicants must be a minimum age of 16 years
- A valid school identity card and recently taken passport photograph
- An account opening form that has been fully filled
- NIN (National Identification Number)
- Details of applicant’s Parents or Guardians
Once you’ve got all the requirements ready, check the next section which will be showing you how to open your account without facing any obstacles.
How to open First Bank student account in Nigeria
Become a student bank account owner, there are two methods you can use to sign up for an account.
You can either sign up online or offline, both methods will be explained in detail.
How to Open Online
- Visit the official First Bank portal here to obtain a student account opening form.
- Fill out the form with the appropriate details that are requested and also follow the instructions provided on the portal to successfully open your student account with First Bank.
- After the account has been opened, you can walk into any local First Bank branch to further solidify your account and also get a debit/credit card.
How to Open offline
- Visit any First Bank outlet nearest to you and meet with a customer representative.
- Let the customer representative know your motive for opening a student bank and you will be issued an account opening form.
- Fill out the account and also provide all the required information before submitting the form.
- After form submission, wait for a few hours and your student bank account will be set up by the customer representative.
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FAQs
What is the minimum amount in First Bank student account?
There is no minimum amount balance required for a First Bank student account.
What is the maximum amount in First Bank student account?
The maximum amount balance a First Bank student account can hold is N300,000.
Conclusion
Opening a bank account as a student can be a great way to take control of your finances, start to build a credit history, and enjoy the convenience and security of having your money in one place.