Daily Kobo
Automated daily savings with 12% annual interest.
What is Daily Kobo?
The Daily Kobo savings plan is perfect for individuals and small business owners who want to save daily without hassle. Whether you’re saving for utility bills, festivals, or future expenses, this automated savings solution helps you stay on track with consistent daily contributions.
Key Features
Daily Automated Savings
Set your own daily savings amount and have it automatically pulled from your Indulge Savings Account, personal bank account, or digital platforms into your Daily Kobo sub-account.
Earn 12% Annual Interest
This savings category accrues a 0.003% Daily Interest on “Daily Closing Balance”
Flexible but Disciplined
While the feature is locked for the stipulated savings period, you can make a special request to unlock it early for a small fee.
Minimum Balance
Maintain a minimum balance of ₦10,000 monthly to keep the account active and growing.
Benefits of Daily Kobo Savings
Perfect for Small Businesses
Ideal for micro-business owners who need a structured and reliable way to save daily, similar to traditional "ajo" or informal contribution methods.
Meet Your Financial Goals
Whether it's for paying bills, saving for holidays, or preparing for events, Daily Kobo keeps you organized and disciplined.
Watch Your Savings Grow
With monthly interest and daily contributions, you can steadily grow your savings toward any goal.
How It Works
Using the Indulge Mobile Banking App, Choose how much you’d like to save each day.
Link your preferred account and let Indulge handle the daily transfers to your Daily Kobo sub-account.
Get 1% interest every month on your savings, with a total of 12% interest annually.
A committed team is standing by to help you.
Send an e-mail to info@indulgemfb.com or call +234-91-5050-9000.