How to Check the Active Status of Your YEIDEP Bank Account and Its Benefits
In today’s update on the YEIDEP Program, we bring you a comprehensive guide on how to check the active status of your YEIDEP bank account, as well as the benefits of keeping it active especially as disbursement is scheduled to begin on July 1st, 2025.
Stay informed and ready.
Also read: How to Complete the RRR/NSR 75k Cash Transfer Form for 2025
A. How to Check the Active Status of Your YEIDEP Bank Account
To confirm if your YEIDEP bank account is active and ready for disbursement:
- Download Your Bank’s Mobile App:
If you’ve received your YEIDEP bank account number, the first step is to download the mobile banking app of the designated bank. - Log In and Verify Account Status:
Use your account details to log in. From the dashboard, you should be able to see your account status—whether active or pending. - Activate by Making a Small Deposit:
In some cases, accounts may remain inactive until a transaction is made. Depositing a small amount (even ₦100) can help activate the account.
Also read: FG Launches Nationwide TVET Programme, Offers N22,500 Monthly Stipend to Trainees
B. Benefits of Keeping Your YEIDEP Bank Account Active
Activating and maintaining your YEIDEP bank account comes with numerous financial advantages:
Access to Disbursement
An active account is required to receive your YEIDEP funds. Without activation, your disbursement may be delayed or skipped.
Full Banking Functionality
Once active, you can:
- Deposit and withdraw funds
- Receive direct deposits (including YEIDEP benefits)
- Use ATM and debit card services
- Enable mobile and internet banking
Also Apply: NMFB “Cash Now-Now” Loan Empowerment for Petty Traders and Artisans
Financial Tools and Services
An active account allows you to:
- Set up automatic bill payments
- Transfer funds between accounts
- Access additional services like savings plans and financial literacy tools
Creditworthiness and Future Financial Access
A well-managed, active account helps you:
- Build a financial history
- Establish a relationship with your bank
- Qualify for future financial products like loans or credit cards
Also Apply: SMEDAN AgriBusiness Empowerment and Development Program (ADEP) 2025 For Nigerian Farmers
Important Reminder About Disbursement
Disbursement will happen in three batches: First, Second, and Third.
If your account is not yet active, do not panic you may still be in a later batch.
However, act now to ensure your account is ready before your turn comes
Stay proactive, keep your YEIDEP bank account active, and be ready to receive your empowerment support starting July 1st, 2025. For questions, contact your assigned YEIDEP liaison or your designated bank.
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