24/7 support

080063424357

Drop us a line

info@ndic.gov.ng, helpdesk@ndic.gov.ng

HEAD office location

Plot 447/448 Constitution Avenue Central Business District P.M.B. 284, Garki Abuja

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Questions & Answers

Insured institutions are all deposit-taking financial institutions licensed by the Central Bank of Nigeria (CBN) such as:

  • Universal Banks (deposit money banks);
  • Micro-finance Banks – (MFBs); and
  • Primary Mortgage Institutions (PMIs).

Membership is compulsory as provided under the NDIC Act No 16 of 2006.

To identify insured financial institutions, look out for an NDIC decal (sticker) displayed in the head offices and branches of all insured institutions or visit click here to search for your financial institution. You may also call our Help Lines at 09 460 1280; and 09 460 1032.

Financial institutions not covered by the NDIC include:

  • Development Finance Institutions such as Bank of Industry, Federal Mortgage Bank, Nigeria Agricultural, Cooperative and Rural Development Bank and Urban Development Bank
  • Discount Houses
  • Finance Companies
  • Investment Firms
  • Unit Trusts/Mutual Funds
  • Insurance Companies
  • Pension Fund Administrators (PFAs)

Deposit insurance is payable only when an insured institution has been closed as a result of action taken by the Central Bank of Nigeria.

zonal offices

Bauchi

Plot No. 3 Bank Road Bauchi.

Benin

28A & B Benoni Hospital Road Off Airport Road, G.R.A. Benin City

Enugu

10 Our Lords’ Street Independence Layout Enugu

Ilorin

No 23B, Ahmadu Bello way, GRA Ilorin.

Kano

Plot 44/45, Muhammad Muhammad Avenue, Off Maiduguri Road, Hotoro, G.R.A.

Port Harcourt

No. 104 Woji Road Off Olu Obasanjo Road GRA Port-Harcourt

Sokoto

No. 2 Gusau Road, Opposite NNPC Mega Station Sokoto

Yola

No. 6 Numan Road P.M.B. 2227 Jimeta-Yola Adamawa State