If you recently received a text message inviting you to open a YEIDEP account with your selected bank, this is your opportunity to act fast before the deadline. The Youth Entrepreneurship and Innovation Development Empowerment Programme (YEIDEP) is currently in the account registration phase, and participating banks have now made it easy to open your account online—no need to visit any branch physically.
Below is everything you need to know about opening a YEIDEP account for Union Bank, Keystone Bank, and Fidelity Bank without stress, as well as key deadlines, disbursement dates, and unique procedures followed by each bank.
Important YEIDEP 2025 Timeline
- Registration Deadline: May 31, 2025 (Only a few days left!)
- Bank Account Collation Period: June 1 – June 10, 2025
- Fund Disbursement Period: July 1 – July 31, 2025
If you’re planning to benefit from the upcoming disbursement, you must complete your online account opening before the deadline.
How to Open a YEIDEP Account Online (No Bank Visit Required)
Below are the official links to open your YEIDEP accounts directly from the comfort of your mobile phone or computer:
1. Union Bank
Open your Union Bank YEIDEP account using the official portal:
Open Union Bank YEIDEP Account
2. Keystone Bank
For Keystone Bank applicants, use this direct link:
Open Keystone Bank YEIDEP Account
3. Fidelity Bank
Fidelity Bank offers a smooth online account setup here:
Open Fidelity Bank YEIDEP Account
Register for YEIDEP Program Before You Open a Bank Account
Before creating your bank account, ensure you’ve registered on the official YEIDEP website.
Register for YEIDEP
How Each Bank Will Handle YEIDEP Accounts
- Keystone Bank will forward all submitted YEIDEP accounts, tagged with special codes, to the Central Bank of Nigeria (CBN) for disbursement.
- Fidelity Bank is expected to release a list of successful applicants before forwarding the records to CBN.
- Union Bank’s process has already begun, but further details on disbursement handling are expected.
- JAIZ Bank will require physical verification and will announce further steps soon.
YEIDEP Account Opening Percentage by Bank
| Bank Name | % of YEIDEP Accounts |
|---|---|
| Keystone Bank | 45% |
| Fidelity Bank | 30% |
| Union Bank | 20% |
| JAIZ & Others | 5% |
Keystone currently leads in the volume of YEIDEP account openings, meaning many applicants are choosing it as their preferred bank.
FAQs – YEIDEP Account Opening & Registration
Q1: Do I need to visit the bank to open a YEIDEP account?
A: No. All participating banks offer an online application process. Use the official links provided to open your account remotely.
Q2: What is the deadline for YEIDEP account opening?
A: The final date to open your account is May 31, 2025. Don’t wait until the last day.
Q3: Can I register for YEIDEP before opening a bank account?
A: Yes, registration on the official YEIDEP site should be completed before account creation.
Q4: When will the funds be disbursed?
A: Fund disbursement is scheduled between July 1 to July 31, 2025, depending on your bank’s verification process.
Q5: What happens after opening the account?
A: Your bank will compile and verify all details before submitting them to the CBN. Some banks, like Fidelity, may publish names for confirmation.
Q6: Is there a limit to the number of accounts per person?
A: Yes, only one account per person is allowed. Multiple registrations may disqualify your application.
Q7: What is the official YEIDEP registration website?
A: You can register directly at https://yeidep.org/registration.php
Final Note
This is a time-sensitive opportunity. Don’t miss out due to delay or misinformation. Follow the steps above and ensure your information is accurate. The earlier you complete your application, the better your chances of being part of the next fund disbursement cycle.
Stay updated and check your preferred bank’s website for any announcements related to YEIDEP.