Direct Debit
What is direct debit?

Direct Debit allows you to link your bank account for instant deposits and withdrawals, without the need for manual input.

Why direct debit?
  1. With direct debit, you can set up automatic savings and investment contributions straight from your bank account—no more manual transfers!
  2. Schedule recurring payments on your terms (weekly, monthly, etc)
  3. Faster and Super Secured transaction.
How it works on Ladda
  1. Add our accont
    Link your personal account associated with your BVN with Ladda.
  2. Make deposits
    Effortlessly deposit into your savings and investment plans directly from your linked banks. No cards needed.
  3. Withdraw to your banks
    Seamlessly transfer funds from your savings and investments straight to your bank account.
Direct debit cost
  1. For amounts between ₦200 and ₦20,000, the charge is ₦55.
  2. Transactions over NGN20,000 attract a fee of 1% of the transaction amount. If the 1% of the amount is up to ₦1,000 or more, a flat fee of ₦1,000 is charged.