D59 Landbridge Avenue, Victoria Island Lagos

info.zitrainvestments.com
www.zitrainvestments.com

PERSONAL ACCOUNT OPENING FORM

Account type (tick as appropriate) Loan Account Investment Account Target Plan Account Credit Card Account
The items should be completed in CAPITAL LETTERS
Account No. (for ofcial use only)
Account Name
Personal Details
Title Mr Mrs Miss Other
First Name Middle Name
Surname Mother’s Maiden Name
Gender M F Date of Birth D D / M M / Y Y Y Y Place of Birth
Marital Status Single Married Others (specify) Bank Verication No. (BVN)
Employment Status Employed Self-employed Job Description
Ofcial Email Address
Current Employer
Current Employer’s Address
Employer’s LGA State
Popular landmark closest to this address
Net Monthly Income (N) Number of Dependants NIN
Highest level of Education SSCE B.Sc/HND M.Sc/M.Ed Others (specify)
Contact Details
Mobile No. 1 - - Mobile No. 2 - -
Residential Address

State of Origin LGA

Personal Email Address
Nationality (for non Nigerian) Resident Permit No.
Permit Issue Date D D / M M / Y Y Y Y Permit Expiry Date D D / M M / Y Y Y Y
Valid means of identification
National ID Card National Drivers Licence International Passport *Others (please specify)
ID No. ID Issue Date D D / M M / Y Y Y Y ID Expiry Date D D / M M / Y Y Y Y
ID No. ID Issue Date D D / M M / Y Y Y Y ID Expiry Date D D / M M / Y Y Y Y
Next of Kin Information
First Name Middle Name
Surname
Gender M F Date of Birth D D / M M / Y Y Y Y Place of Birth
Relationship Sibling Parent Spouse Others (specify)
Mobile No. 1 - - Mobile No. 2 - -
Personal Email Address
Ofcial Email Address
House Number Street Name
City/Town NIN
How did you hear about us? Walk in Website Fliers/Banners Online Advertising
Telesales Word of mouth Radio/TV Others, specify
Salesperson Social Media Outdoor Advertising

FOR BANK USE ONLY

Address verification carried out by
Name

Signature ______________________________________________________ Date D D / M M / Y Y Y Y

Comment(s) (Address description and result nding): ______________________________________________________________________

______________________________________________________________________________________________________ ________

__________________________________ __________________________________
Account Ofcer’s Signature
 Loan Applicants Only Investment Applicants only
Personal Loan Mandate
Ofcial pay day D D Amount of initial investment (N)

Loan Amount Value of Investment (in words)

Tenor Agreed

Number of Cheques submitted:

Reason for Loan

Disbursement Details
Source of Funding: Cheque Fund Transfer Card
If approved, what account would you like to receive the money in?
Others (specify)
Account Name
Duration
30 Days 60 Days 90 Days
NUBAN Account Number

Bank Name 180 Days 270 Days 360 Days

Acknowledgement Preferred Options to Credit Interest Payments

I hereby conrm my application for the above facility and certify that all information provided by me
above and attached thereto is correct and complete. I authorize you to make any enquiry you consider
Interval Upfront Monthly Quarterly End of Term
necessary and appropriate for the purpose of evaluating this application.
NUBAN Account Number
I/We
Bank Name

Applicant’s Signature _________________________________________________________

Applicant’s Signature _________________________________________________________
Date D D / M M / Y Y Y Y
Date D D / M M / Y Y Y Y

Applicant’s Signature _________________________________________________________

Date D D / M M / Y Y Y Y
TERMS & CONDITIONS
I confirm and agree that my Investment and all transactions between I 16. If it appears to Zitra investments that the Customer may:
TERMS & CONDITIONS (“the Investor”) and Zitra investments shall be governed by the
conditions contained herein.
a. be in breach of the laws of the Federal Republic of Nigeria and
of any other jurisdiction relating to money laundering or
counter-terrorism; or
These terms and conditions apply to and regulate the provision of the Borrower in connection with the application for this loan
credit facilities advanced by Zitra investments. These Standard or any information or documentation supplied by the Borrower, General Terms b. appear in a list of persons with whom dealings are proscribed by
1. Business day means a day on which Nigerian banks are open for the government or a regulatory authority of any jurisdiction;
Terms and Conditions, together with our offer letter set out the terms is later discovered to be materially incorrect; or
governing this Loan Agreement. It is important that you read the iii. The Borrower does or omits to do anything which may prejudice business. IN means Investment Note· 'You' or 'Your' means the Zitra investments may immediately do one or more of the following:
Investor who is the person(s) in whose name the Investment Note is a. Refuse to process any transaction of the Investor's;
offer letter and these terms and conditions carefully and keep Zitra investments's rights in terms of this Agreement or cause Zitra held.
them for future reference. investments to suffer any loss or damage. b. Suspend the provision of a product or service to the investor
2. Zitra investments will not open or operate the requested Investment
If the Borrower defaults in their obligations under this Agreement, unless and until it has received the required supporting c. Freeze the Investor's account; or
A. INTEREST Zitra investments will be entitled to do the following: documentation for the Investment Note. d. Close the Investor's account.
I. The Annualized Percentage Rate of Interest (“APR”) for the I. Zitra investments will on each Repayment Date collect the total 3. Zitra investments is hereby authorized to undertake all “Know your The Investor accepts that Zitra investments will be under no liability to
direct Loan Accounts is as agreed in the Borrower's offer letter or amount payable by that date in accordance with the Customer” (KYC) procedures specified by applicable laws and/or them if they do any or all of the above things.
at such higher rate which Zitra investments may in its sole repayment plan schedule given to the Borrower. Where the regulations and/or Zitra investments's policies.
discretion (subject to applicable laws and regulations) Borrower fails to honor its obligation to repay the total monthly 4. Zitra investments may, without prior notice, impose or change the Zitra investments's Limitation of Liabilities
determine from time to time and also as varied by Zitra repayment amount by the due date, Zitra investments will minimum balance requirements for the IN or alter the applicable
interest rate(s) or the charges relating to such account. 17. The Investor agrees to hold Zitra investments free of any
investments under sub-clauses a(ii) and/or a(iii) below. attempt to collect the outstanding amount within the next responsibility for any loss or damage of funds deposited with Zitra
ii. Zitra investments may in its sole discretion increase or decrease seventy-two (72) hours. 5. Zitra investments is authorized where the balance standing to the investments due to any future Government order, law, tax,
the prevailing interest rate for any reasons; and ii. Where more than forty-eight (48) hours have elapsed since the credit of the IN is below the required minimum balance, to either embargo, moratorium, exchange restriction and/or all other
iii. Any change in interest rate will take effect on the Borrower's repayment date and the repayment amount (total or partial) amend the rate(s) of interest payable or close the account and causes beyond Zitra investments's control.
refund the Investor's accordingly.
account following a minimum of 7 days written notice; and still remains outstanding, Zitra investments will start calculating 18. The Investor agrees to be bound by any notification of change in
iv. All charges will be capitalized into the interest calculation. accelerated interest at the rate of 30% plus the applicable the conditions governing the account directed to the Investor's
borrowing interest rate. Term of Investment last known address and any notice or letter (electronic or physical)
B. PAYMENTS iii. Following the borrower's default, Zitra investments reserves the 6. The minimum term for which the Investors funds can be held is ninety sent to Zitra investments the Investor's last known physical or
(90) days. electronic address shall be considered as duly delivered and
All payments by the Borrower will be made by one of the right to assign its right, title and interest under the Agreement to received by the Investor at the time it would be delivered in the
following methods: Direct Deposit into Zitra investments's an external Collections Agency who will take all steps to collect 7. The maximum term for which the Customer's deposit can be held ordinary course of post or electronically.
nominated account, Personal Cheques, Standing Order or the outstanding loan amount. maybe greater than three hundred and sixty (360) days or as may
agreed with the Investor. 19. The Investor agrees that Zitra investments will accept no liability
through an acceptable electronic channel. All other methods iv. Zitra investments also reserves the right to start legal proceedings whatsoever for funds handed to members of staff at any point in
will be accepted with Zitra investments's consent only. In against the defaulting Borrower and is under no obligation to time whether during banking hours or inside Zitra investments's
particular: inform the Borrower before such proceedings commence. Payment of Interest premises.
I. The borrower will be given a dedicated and customized v. Zitra investments will be entitled to terminate this Agreement 8. The interest rate applicable to the Investment Note is fixed at the 20. The Investor accepts that their attention has been drawn to the
repayment plan upon approval of the loan application; (after service of any notice required thereunder) if the Borrower time of lodgment for the whole of the nominated term. Zitra necessity of safeguarding their passwords and access codes to
ii The Borrower will be expected to make monthly repayments in in any way perpetrates or attempts to or is involved in any act of investments may vary the interest rate on offer for a renewed term Zitra investments's non-branch channels including, but not limited
or existing Investment with or without notice. to internet banking, telephone banking, mobile banking and SMS
accordance with the repayment plan fraud or other criminal activity in respect of Zitra investments or banking, so that unauthorized persons are unable to gain access
iii. The Borrower will be sent an electronic message or SMS alert two the Loan, or if any information provided by the Borrower as part 9. Interest is calculated daily on the balance of the Investment,
commencing on the first day of the lodgment term and excluding to it and to the fact that neglect of this precaution may be a
(2) working days before each monthly repayment date and of the application is incorrect or misleading in any material the date of maturity. Unless otherwise stated, the Investor may ground for any consequential loss being charged to the Investor's
the Borrower hereby agrees that such notice shall be manner. On such termination, Zitra investments reserves the choose one of the following interest payment options: account.
conclusively deemed received by the Borrower without need right to demand repayment of the full loan amount with interest a. Interest credited to a nominated bank account every end of the 21. The Investor accepts that any disagreements with entries on their
of any further notice. calculated in the same manner as in sub-clause (2) above. month; or Investment statements will be made by them within fifteen (15)
iv. The Borrower hereby agrees that non-payment of the amount vi. Hold the Borrower responsible for all legal costs and expenses working days of the dispatch of the Investment statement. Failure
b. Interest credited to a nominated bank account upon maturity. to receive any such notice of disagreement with the entries
owed by the Payment Due Date shall render the Borrower in incurred by Zitra investments in attempting to obtain repayment inputted therein within the stipulated time frame shall amount to
default and entitles Zitra investments to take steps to recover of any outstanding loan balance owed by the Borrower. Interest acquiescence that all entries in the statements have been
Maturity rendered correctly.
the outstanding loan amount in accordance with clause E on any amount which becomes due and payable shall be
below. charged in accordance with sub clause 2 above. 10. Zitra investments will issue a renewal notice approximately seven
(7) days prior to the Investment Note maturing, unless the tenor was
for less than sixty (60) days. This notice will seek instructions for Communications
C. PROVISION OF FINANCIAL INFORMATION F. COMMUNICATION renewal or redemption of the Investment. 22. Any communications by Zitra investments shall be deemed to
At Zitra investments'sour request, you the Borrower will be The Borrower agrees that Zitra investments may communicate 11. Where instructions are not received prior to the date of maturity, have been made as soon as it is sent to the most recent address
required to provide its current us with your latest financial with them by sending notices, messages, alerts and statements Zitra investments will renew the Investment Note for the same provided by the Investor and the date indicated on the duplicate
statements, contingent liability details and any other in relation to this Agreement in the following manner: investment term as before at the interest rate currently applicable copy of such letter or on Zitra investments's mailing list will
reasonable information relating to you and/or your the I. To the most recent address Zitra investments holds for the and on the terms and conditions then applying to new standard constitute the date on which the communication was sent.
Borrower's financial affairs. Borrower on file. Investment Notes. The interest rate applicable to the new 23. Zitra investments is hereby authorized to honor or to the debit of the
Investment Note may be significantly different, higher or lower, to Investment Note with any and all payment instructions issued in
ii. By delivery to any email address provided during the application the interest rate applied in the previous one as a consequence of
D. USE OF CREDIT BUREAU process. accordance with the mandate for the Investor with Zitra
market rate movements. Also, the investment terms giving the best investments which bears or purports to bear the facsimile or
Zitra investments will approach a dedicated Credit Reference iii. By delivery of an SMS to any mobile telephone number the interest rates may change from time to time. It is recommended electronic mail signature of the Investor(s) whose specimen
Agency for a credit report on the Applicant before in Borrower has provided to Zitra investments. that the Investor contact Zitra investments on or before the signatures have been provided to Zitra investments by the
considering any application for credit. maturity date to determine if the rate that applies to the renewed Investor.
The Borrower authorizes Zitra investments to access any G. MISCELLANEOUS deposit meets their needs.
information available to it as provided by the Credit Agency. I. This Agreement shall be governed by the laws of the Federal 12. Where the Investor has previously given Zitra investments
instructions that all or part of their investment should be paid into a Severance
The Borrower also agrees that his/her details and the loan Republic of Nigeria and shall be subject to the jurisdiction of the 24. If any part of this Terms and Conditions is found to be void or
nominated account monthly or on maturity, the Investor is not able
application decision will be registered with the Credit Agency. courts of the Federal Republic of Nigeria. to change or cancel those instructions on or before the maturity unenforceable for unfairness or any other reason, the remaining
In the event the Borrower wishes to access the credit report, ii. If Zitra investments does not strictly enforce its rights under this date. parts of these Terms and Conditions will continue to apply to the
Zitra investments will advise the Borrower of the contact details Agreement (including its right to insist on the repayment of all extent possible as if the void or unenforceable part had never
of the relevant credit agency and the Borrower waives any sums due on the Repayment Due Date) or grant the Borrower an existed.
Withdrawals in Advance of Maturity
claims he/she may have against Zitra investments in respect of indulgence, Zitra investments will not be deemed to have lost
13. Where the Investor requests to withdraw their funds prior to the
such disclosure. those rights and will not be prevented from insisting upon its strict maturity date, Zitra investments may, in its absolute discretion Miscellaneous
rights at a later date. approve a request for early withdrawal in which case a 25. The Terms and Conditions stated herein shall be governed and
E. DEFAULT iii. Zitra investments reserves the right to transfer or assign its rights prepayment adjustment will be effected and an early withdrawal construed in accordance with the laws of the Federal Republic of
Default in terms of this Agreement will occur if: and obligations under this Agreement (including its obligation fee levied. Nigeria. The Investor agrees that any dispute arising out of or in
I. The Borrower fails to make repayment in full, on or before the to lend money to the Borrower or the amount owed under this 14. Where an early withdrawal fee is deemed applicable due to connection therefrom, amicable resolution will be first be sought
withdrawal in advance of maturity, such fee shall be calculated at by consultation at either Party's instance in Zitra investments's
payment due date in accordance with the monthly Agreement) to another person. Zitra investments will only inform office and if such dispute remains unresolved for a period of
repayment plan given to the Borrower; the Borrower if such a transfer causes the arrangements for the the rate of thirty (30%) per cent of the accrued interest that would
have been payable on the Investment Note as of the date the fourteen (14) days, can then be brought in the Courts of the
ii. Any representation, warranty or assurance made or given by administration of this Agreement to change. early withdrawal request is processed by Zitra investments. Federal Republic of Nigeria.
15. The amount of the prepayment adjustment is calculated by Zitra 26. When disbursing interest accrued, such funds will be credited back
investments taking into account the amount withdrawn, the length into the same accounts wherefrom the funds were debited.
of time since the investment was lodged as a percentage of the 27. This form also serves as an account opening form for an Investment
original term, and the application of an adjusted rate of interest. with Zitra investments.
Breach of Prevailing Laws

Name Name

Applicant’s Signature _________________________________________________________ Applicant’s Signature _________________________________________________________

Date D D / M M / Y Y Y Y Date D D / M M / Y Y Y Y