Jaiz Bank Plc is the premier (first) Islamic bank in Nigeria. It’s a private bank that was found based on Islamic teachings. It’s a financial service organization although they don’t accept interest on money they lend to their customers.
In this article, I will share everything you need to know about Jaiz Bank Plc.
History/background of Jaiz bank
Jaiz Bank was founded in 2003 as Jaiz International Plc but started operation on the 11th of November 2011 when the bank received its license to operate as a regional bank in the country by the Central Bank of Nigeria. Before commencing operations, Jaiz bank signed an agreement with the Islamic Bank Bangladesh for them to provide technical management required for the effective running of the bank. This partnership was facilitated by the Islamic Development Bank (IDB).
The bank started providing financial services to the public from the 6th January 2012 with a new name Jaiz Bank Plc with branches in Kano, Abuja, and Kaduna. However, in 2013, the Central Bank of Nigeria gave the bank a new license to operate as a National bank when they reached the required stakeholders’ capital objectives.
Their Board of Directors controls every financial activity in Jaiz bank with the supervision of the Islamic Bank Bangladesh. The Board of Directors of Jaiz Bank is headed by Alhaji (DR.) Umaru Abdul Mutallab as Chairman and Usman Hassan as Managing Director/CEO. You can check out the Jaiz Bank Board of Directors here
Jaiz bank transfer code
Customers can transfer money from their Jaiz bank account to account in other banks in Nigeria using the Jaiz bank transfer code. This method of money transfer is easy and very fast.
When using the Jaiz bank transfer code, the receivers’ bank, account number, amount to transfer, and pin is required to complete the transaction. To transfer money using the transfer code, simply dial *773# on the mobile phone linked to the account and follow the instructions displayed on the screen.
Jaiz bank loan
The bank offers zero-interest loans to its customers and prospective clients. The Jaiz bank loan model is different from that of conventional banks in that the bank doesn’t offer money; instead, it helps you finance your projects. The various kinds of Jaiz bank loan model include:
- Jaiz Auto Finance
- Jaiz Household Appliance Finance
- Jaiz General Consumer Finance
- Jaiz Home Finance
However, customers must meet certain requirements before they can be considered for any of the Jaiz bank loan models. Below are some of the listed requirements to obtain a loan with the bank
- You must own a working account with the bank
- The customer must be working for a reputable organization, firm, or company before applying for the Jaiz bank loan.
- Your account with Jaiz bank must be above six months old
- The customer must have shown through credit history that he or she can repay the loan within the stipulated time.
The following documents will also be required:
- Two recent passport photographs
- A valid identification card
- The customer BVN number
- Your employee identification card
- Utility bill for verification of the customer’s address
- Letter of recommendation from your employee
More information regarding the Jaiz bank loan packages can be found on the bank’s official website.
Jaiz bank recruitment
Jaiz bank offers a wide range of career opportunities for interested applicants ranging for commercial banking, asset management, project management, ICT, and a host of others. However, there is no job opening at the bank currently. Information regarding recruitment opportunities is always posted on the official bank website.
Jaiz bank internet banking
Jaiz bank created a simple, fast, and user-friendly internet banking platform for its customers. The Jaiz bank internet banking is called Jaizonline; it allows customers to have 24/7 access to their account with guaranteed security for any transaction performed on the platform.
The Jaizonline was designed with a real-time account monitoring system. This provides customers with the ability to be in charge of their finances. You can find more information on the Jaiz bank internet banking here
Jaiz bank online
Jaiz Bank can be contacted using any of its online platforms:
Jaiz bank USSD code
Recently, Jaiz bank introduced its USSD banking for its customers. With the USSD code, customers can transfer money, buy airtime, bills payment, check account balance, request mini account statement, and open Jaiz bank account.
Customers can use this code after registering for the Jaiz bank USSD banking. To register, customers need to dial *773# from the phone number linked to their account when opening the account.
The Jaiz bank USSD code is *773#. After dialing this code on their phone, customers can follow the prompt messages to carry out any transaction of their choice.
Jaiz bank logo
The importance of branding in business growth and recognition cannot be overemphasized. It gives the firm or organization recognition and popularity amongst other brands. Jaiz bank has a logo design that has helped them to build trust, fame, and memorability. Below is the Jaiz bank logo.
Jaiz bank sort code
Sort code is a unique six digits code that is used to identify a particular branch of a bank. The six digits are divided into three parts: the first digits are for the standard code for the bank, the next digit is the exact location of the bank while the final four digits are for the particular bank branch.
The Jaiz bank head office sort code is 301080020. However, the sort code for other Jaiz bank branches in the country is not listed online, but they can be obtained upon request to the bank.
Jaiz bank account opening form
Prospective customers that want to open an account with Jaiz bank must first download and complete the Jaiz bank account opening to start the account opening process.
The required documents to be present during the account opening process are listed on the Jaiz bank account opening form. You can download the Jaiz bank account opening form by clicking here.
Jaiz bank mobile banking
The Jaiz bank mobile banking brand name is JaizMobile Plus. With JaizMobile Plus, Customers are allowed to carry out their banking transactions in a high-tech, secured, and robust platform using their mobile devices.
Customers are giving unhindered access to their accounts with the bank when they are logging into the mobile banking platform. The JaizMobile Plus is designed to provide its users a secure media of doing banking transactions.
Customers can download the JaizMobile plus App from the Google Play Store on Android devices while the iOS device can download the App from the App Store by clicking here
You can get more information on the Jaiz Bank Mobile banking by clicking the link below:
Jaiz bank customer care
The Jaiz bank customer care is designed to provide solutions to customer demands 24/7 a week. You can connect with the Jaiz bank customer care using any of the following means:
Phone Numbers: +2347080635500, +2347080635555
Also, you can visit any of the bank branches across the country and meet with any of their customer care representatives.
Jaiz bank Lagos
Jaiz bank has four (4) branches across Lagos state. Here is the address to the bank in Lagos state
Jaiz Bank Apapa Branch
Address: No 17 Wharf Road, Opposite Eleganza Plaza, Beside Unity Bank, Apapa, Lagos.
Jaiz Bank Marina Lagos Branch
Address: No 2/4 Davies Street, Kingsway Building, Beside Eco Bank, Marina, Lagos.
Jaiz Bank Ikeja Branch
Address: 119 Awolowo Way, (Allen Roundabout), Ikeja, Lagos.
Jaiz Bank Ikoyi Branch
Address: 39, Awolowo Road, Ikoyi Lagos.
Jaiz bank branches in Nigeria
Jaiz bank started its operations in Nigeria with few branches predominately in the northern part of the country. Since the CBN issued a new license for the bank to operate as a national branch, the number of Jaiz bank branches in Nigeria has increased rapidly.
The bank has branches in over 19 states in the country, including the FCT. You can use the Jaiz Bank locator portal to locate a branch closest to you. The link to the Jaiz bank locator is placed below