Welcome to Sincere Microfinance Bank Limited

Sincere Microfinance Bank is a reputable and goal oriented institution incorporated initially as Sincere Community Bank Limited, precisely in November 2003.

As a truly grass root bank, Sincere Microfinance Bank was originally promoted by members of staff of the Federal Polytechnic Offa who are also members of Sincere Multipurpose Cooperative Society, one of the leading cooperatives on the Campus of  The Federal Polytechnic Offa and in Kwara State.

Although, owed substantially by the Polytechnic staff, the bank operated to serve the polytechnic community, the entire Offa Community and its environs meritoriously.

For four years after incorporation our bank operated successfully and got transformed into a full fledge Microfinance Bank in 2007, via the transformation policy of the Central Bank of Nigeria (CBN).

Today, with 24 well motivated and adequately equipped members of staff, Sincere Microfinance Bank operates at its corporate headquarters, No 246, Olofa Way, Offa.

As a unit Microfinance Bank, we commenced business with a share capital of Twenty Million Naira (N20,000,000.00) only and currently our share capital has increased to  almost Fifty Million Naira (N50,000,000.00) only.

Our Products

Savings Account

Savings Account is a high interest bearing account for individuals designed to enable saving towards a specific target with minimal daily withdrawal.

Current Account

Current Account is for business and corporate organization with access to a world of convenience financial possibilities.


We offer loan as a working capital for entrepreneurs with existing businesses to help them boost their business.

Fixed Deposit

Fixed Deposit is for individual with capital to invest while earning a higher rate of interest over a fixed term.

Ready To Bank With Us?

Open New Account(Savings, Current, Loan, Fixed Deposit)

Download Forms

Download digital copies of bank related documents..

Core Management Team

Do You need Instant Loan to grow your business?

Apply for Instant Loan at a very affordable rate with scheduled payment that is convenient for you.

Our Partners