1. Introduction

1.1 These Terms and Conditions govern the use of the services provided by UnibadanMFB , including savings accounts, loan products, and other financial services.

1.2 By using our services, you agree to these Terms and Conditions.

2. Eligibility

2.1 Services are available to individuals, groups, or organizations that meet the bank's eligibility criteria.

2.2 Customers must provide accurate identification and other required documentation.

3. Account Opening and Maintenance

3.1 Customers must complete the application process and provide required information, such as valid identification and proof of address.

3.2 The bank reserves the right to approve or reject account applications at its sole discretion.

4. Deposits and Withdrawals

4.1 Deposits can be made via cash, bank transfer, or other methods approved by the bank.

4.2 Withdrawals are subject to account-specific limits and bank operating hours.

4.3 The bank is not liable for delays in processing due to technical issues or third-party service interruptions.

5. Loan Products

5.1 Loan eligibility depends on the customer’s creditworthiness, repayment capacity, and other factors determined by the bank.

5.2 Loan terms, including interest rates, repayment schedules, and fees, will be disclosed in the loan agreement.

5.3 Customers must adhere to repayment schedules. Late or missed payments may incur penalties.

6. Interest Rates and Fees

6.1 Interest rates on deposits and loans are subject to change and will be communicated to customers in advance.

6.2 The bank reserves the right to charge fees for account maintenance, transaction processing, and other services.

7. Customer Responsibilities

7.1 Customers must provide accurate and up-to-date information.

7.2 Customers must safeguard their account details and notify the bank immediately in case of unauthorized access.

8. Privacy and Data Protection

8.1 The bank is committed to protecting customer data in accordance with Local Data Protection Laws.

8.2 Customer information will not be shared with third parties without consent, except as required by law.

9. Suspension or Termination of Services

9.1 The bank reserves the right to suspend or terminate accounts or services for non-compliance with these Terms and Conditions or applicable laws.

9.2 Customers may terminate their account upon providing written notice and settling all dues.

10. Dispute Resolution

10.1 Any disputes arising from these Terms and Conditions will be resolved amicably or through arbitration/mediation as per Local Laws.

11. Limitation of Liability

11.1 The bank will not be liable for losses arising from force majeure events, such as natural disasters, political instability, or technological failures.

12. Governing Law

12.1 These Terms and Conditions are governed by the laws of [Jurisdiction].