What is Salvo.ng?

What is Salvo.ng?

Salvo.ng is a savings app that helps you save money the smart and easy way.

We understand how tough it is to develop a saving habit, that is why we built Salvo.ng to help you gain control over your money.

Salvo.ng allows you to save for your targets and goals from as little as 100 Naira using our customizable savings options (a link should be imputed to take the user to the flexi-savings offer.)

With Salvo.ng, you can earn lucrative interest of up to 10% per annum on your savings.

How can I save with Salvo.ng?

Saving with Salvo.ng is easy. Visit www.salvo.ng or Download Salvo.ng app on  Apple Store or Google Playstore to create an account in 2 minutes.

What plans are available on Salvo.ng?

Flexi-Savings, FundLock, and Goal-Oriented Savings.

How do I know what plan is best for me?

Flexi-Savings is perfect if you want to save and withdraw your money anytime. Goal-Oriented Savings is ideal if you're saving towards a goal, it could be school fees, rent, vacation. FundLock is best if you want to earn interest on funds that you do not need in a long time.

Is my money safe with Salvo.ng?

Yes, your money is safe with Salvo.ng. Salvo.ng is powered by Xslnce Micofinance Bank which is CBN and NDIC insured. Your card is held by PCIDSS-compliant payment processor, Paystack Our platforms are encrypted to ensure that your money and data are safe with us.

Salvo Account

Will my money be automatically deducted when I enter my card?

No, your funds will not be automatically except if you use the auto-save feature.

I can’t remember the Password for my account?

Please, select the ‘Forgot your password?’ link, you'll be asked to enter your 'User ID' and you will receive a reset password email. Click/follow the link in the email to reset your password. Your user ID is the same as your registered email address. For further help please contact us

I have not received the reset password email?

Please Contact Us and we will be happy to help.

Salvo Savings

What is FundLock?

Fundlock is a savings feature on the Salvo.ng app that helps you build discipline by locking away money and ensuring you don’t have access to it until its maturity date. With FundLock, you are eligible for a per annum interest of up to 10% upon maturity.

What is Flexi-Savings?

Flexi-savings is the feature that allows you to save money anytime, and withdraw money anytime without waiting for a maturity date.

What is Goal-oriented Savings?

Goal-oriented/Target savings is a feature that helps you focus and save towards a desired goal, it could be your school fees, a laptop, house rent, vacation, etc. This savings plan also allows you to earn interest of up to 10% per annum

Can I run multiple plans at the same time?

Yes, you can create multiple savings plans & targets.

Will I get rewarded for referring Salvo.ng?

Yes, you will earn ₦1,000 in your fundlock for every time you refer Salvo.ng.


How do I fund my Salvo account?

You can fund your Salvo account/savings plan using the direct debit option, bank transfer or deposit using a MasterCard, Visa or Verve from any bank in Nigeria.  

Can I increase my savings anytime?

Yes, you can increase your savings and top-up your wallet anytime.

Will I receive interest on the funds in my Flexi-Savings?

No, only funds committed to a savings plan (FundLock & Goal-Oriented) will earn interests.

Can I withdraw funds anytime?

Yes, you can withdraw funds that you have not locked away anytime.

To withdraw, simply transfer your preferred amount to the receiving account details you provided while setting up your account

Is Withdrawal Free?

Yes! Withdrawal from your Salvo eWallet is FREE.

Will I be charged for breaking my FundLock?

Yes, you will be charged for breaking your fund lock. We created the charge on termination of savings to discourage you from backing out on your commitment.

Can I fund my Fundlock from my Flexi-Savings?

Yes, you can.


Are there hidden charges?

No, there are no hidden charges on Salvo.ng: NO deposit fees, NO text message or alert fees, NO account maintenance fees.

Are there charges when I transfer to my Salvo account?

No, there are no charges for transferring funds to your Salvo account.

Will I get a return on my savings/investment?

Yes, you can earn up to 10% interest per annum on your savings/investment provided you have locked it.

Can I cancel my savings plan before maturity?

Yes, you can cancel your savings plan(s) any time, but you will be charged for breaking your funds.

What does Salvo.ng do with my money?

Salvo.ng invests your money with Bluebird Capital, a leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC).