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Nairaland Forum / Nairaland / General / Business / Diamond Bank Copies MMM In New Savings Plan. (14077 Views)
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Diamond Bank Copies MMM In New Savings Plan. by TomorrowToday: 7:07pm On Sep 29, 2016 |
MMM Nigeria ideology has become a controversial program which had caught the financial institution attention and had posed a serious treat to the institution. Divers post on MMM had been posted on the internet following the SEC buhaaahaa 2weeks ago. Today, Diamond Bank has released her own version of MMM Nigeria tagged “Diamond Future Target Savings Plan” which promised a bumber bonus of 20% of your monthly installment value plus interest. This is a plan to compete with MMM Nigeria. Lets see how the event unfold. share your comment or views: Today, Diamond Bank has released her own version of MMM Nigeria tagged “Diamond Future Target Savings Plan” which promised a bumber bonus of 20% of your monthly installment value plus interest. If you have Diamond Mobile app on your phone, login and confirm right now. http://nairadigit.com/2016/09/hotnews-diamond-bank-laucnhed-a-prototype-of-mmm-nigeria/ 2 Shares
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Re: Diamond Bank Copies MMM In New Savings Plan. by veacea: 7:08pm On Sep 29, 2016 |
Issokai |
Re: Diamond Bank Copies MMM In New Savings Plan. by Cutehector(m): 7:11pm On Sep 29, 2016 |
![]() [size=20pt]MMM[/size] For life ![]() 7 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 7:15pm On Sep 29, 2016 |
OK oh....waiting for corporate affairs to deny the scheme |
Re: Diamond Bank Copies MMM In New Savings Plan. by shortgun(m): 7:18pm On Sep 29, 2016 |
This is nothing like MMM 3 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 7:18pm On Sep 29, 2016 |
Mother Bleep er mods front page please nigeria must hear this cc lala last is a |
Re: Diamond Bank Copies MMM In New Savings Plan. by precioushill(f): 7:19pm On Sep 29, 2016 |
The thing is that all those that shout MMM scan are just the Undecided group.... May be angry that they aint getting part of the spoils and at the same time too 'Lilly livered' to take risk. If you cant take a risk or two....why angry at some one taking the risk. Or are you telling me you love the person so much to care about him loosing his money...whereas if he comes to seek your aid...you will still turn him them.... All man better face whats facing him... 9 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by MzPecs(f): 7:25pm On Sep 29, 2016 |
This is nothing like MMM. Stop involving MMM with this bank offer abeg.. The bank is even safer than that mmm of a thing. 9 Likes 1 Share |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 7:35pm On Sep 29, 2016 |
MzPecs:ok explain the difference between both and what prompted this current offer? 2 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by hopeforcharles(m): 7:48pm On Sep 29, 2016 |
precioushill:Thank you, don't mind those lily livered peeps. 3 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Ranchhoddas: 8:07pm On Sep 29, 2016 |
intbizoil:Crap. Why is it not on their website? |
Re: Diamond Bank Copies MMM In New Savings Plan. by jamace(m): 8:13pm On Sep 29, 2016 |
Ranchhoddas:I was about asking same. 1 Like |
Re: Diamond Bank Copies MMM In New Savings Plan. by LieDetector(m): 8:28pm On Sep 29, 2016 |
I think this is sparingly distinct from what MMM have on cards. While diamond bank is a legit business organisation registered in Nigeria, MMM is a ponzi scheme operating without licence. Money deposited into diamond bank can be considered safe whilst money deposited into MMM is unarguably being jeopardized hence could be subject to potential loss. Wanna know how I got to know about MMM? Wiki is a good resource ![]() 2 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by LieDetector(m): 8:46pm On Sep 29, 2016 |
MzPecs:my love... ![]() 1 Like 1 Share |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 9:03pm On Sep 29, 2016 |
Ranchhoddas:but it is stated that you should log in with their app and confirm |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 9:05pm On Sep 29, 2016 |
LieDetector:good why not take their offer while mavorians enjoy theirs 3 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Ranchhoddas: 9:05pm On Sep 29, 2016 |
intbizoil:Link? |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 9:15pm On Sep 29, 2016 |
Ranchhoddas:so you dont know what is app? 2 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by LieDetector(m): 9:15pm On Sep 29, 2016 |
intbizoil:Good evening mavorian. I am only making a comparison as well as stating what you guys fail to tell unsuspecting citizens who may not be aware of the downside of MMM. I do not intend to discourage anyone who wishes to invest in MMM and yes. I'll pick diamond's offer 100 times over MMM. 8 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by LieDetector(m): 9:16pm On Sep 29, 2016 |
intbizoil: ![]() |
Re: Diamond Bank Copies MMM In New Savings Plan. by Ranchhoddas: 9:21pm On Sep 29, 2016 |
intbizoil:You dey craze. No be somewhere dem from dey get app? You are just desperate to believe that the MMM racket is real. You don't have sense to know that no business can give 30% returns in the first month. Ode! |
Re: Diamond Bank Copies MMM In New Savings Plan. by tolexy007(m): 9:22pm On Sep 29, 2016 |
I will always stick to my MMM, anytime any day. 1 Like |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 9:22pm On Sep 29, 2016 |
Ranchhoddas:ok thanks to social media for giving kids a voice 5 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by ol2012: 9:23pm On Sep 29, 2016 |
veacea:This can't be compared to MMM in any way sir. i don't know much about MMM though, but it think they pay 30%. Banks on the other hand generally quote their interest rate per annum but give you an option of monthly payment of same. the last time diamond released their updated interest rate, customers(saving product) were offered 3.9% per annum. Now if you open a savings account with say NGN1,000,000. In one year, you are expected to earn NGN39,000. This is then divided into 12, hence your effective interest rate per month come to NGN3,250. Now, to the push message, the bank is simply saying they'll offer you an additional 20% of NGN3,250 which is NGN650 so that your monthly interest now becomes NGN(3,250+650=3,900)for that particular product. MMM on the other hand will earn you NGN300,000 for same NGN1,000,000 in the same period of one month. 8 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Ranchhoddas: 9:26pm On Sep 29, 2016 |
intbizoil:A person who is foolish enough to think MMM is real calls me a kid. You are an adult without a brain. 5 Likes 2 Shares |
Re: Diamond Bank Copies MMM In New Savings Plan. by inforesource: 9:52pm On Sep 29, 2016 |
Bros, I believe you are new to Internet bizness, why not ask expert for MMM Analysis and reviews. It is better to know a thing and pretend as if you don't know than not to know a thing and pretends as if you know. The later hurts, it stings as dead. My word for Diamond Bank, in case they want to follow MMM way, they should ask expert for advice. I wouldn't mind if they should consult me. But I doubt if Dbank is following that route. I doubt. hopeforcharles: 1 Like |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 11:54pm On Sep 29, 2016 |
Ranchhoddas:atleast someone without a brain cannot type a reply at you 1 Like |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 11:56pm On Sep 29, 2016 |
LieDetector:ok your choice |
Re: Diamond Bank Copies MMM In New Savings Plan. by Ranchhoddas: 11:58pm On Sep 29, 2016 |
intbizoil:Guy carry your MMM comot for here. |
Re: Diamond Bank Copies MMM In New Savings Plan. by VictorRomanov: 12:00am On Sep 30, 2016 |
I am not sure u understand what they mean. visit them for more info. But what they sent to u, i can deduce the following: 1. It's saving account, where u don't withdraw till u meet a target u have set. 2. U make monthly regular payments. i.e. Installments. 3. By the end of ur target period, they are giving u 20% of ur monthly installment as interest. That is if u re contributing 50k every month, u will be given 10k extra + interest, when u go to withdraw ur money once ur target is reached. From the above, this is totally different from MMM 5 Likes |
Re: Diamond Bank Copies MMM In New Savings Plan. by Nobody: 12:05am On Sep 30, 2016 |
Ranchhoddas:am not the cause of your frustration atleast the topic of this thread is mmm |
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