YEIDEP Update: What to Do If You Received a Keystone Bank Account Number – Complete Guide

If you’ve recently received a Keystone Bank account number under the YEIDEP (Youth Empowerment Initiative for Development and Economic Progress) program, you might be wondering what steps to take next. This guide will walk you through everything you need to know, from activating your account to ensuring you receive your disbursement without issues.

Next Steps After Receiving Your Keystone Bank Account from YEIDEP

1. Fund the Account Immediately
   To avoid having your account marked as dormant, it’s advised to deposit at least ₦2,000 into the new Keystone Bank account. This small deposit helps activate the account and keeps it in use.
2. Complete Your KYC at the Bank
   Head over to the nearest Keystone Bank branch in your area with the following documents to upgrade and validate your account:
   • Your National Identification Number (NIN)
   • Bank Verification Number (BVN)
   • A recent passport photograph
   • A utility bill (such as NEPA bill) not older than 3 months
   • Any valid ID card (National ID, Voter’s card, Driver’s License, or International Passport)
3. Request for ATM Card
   Once your KYC is completed, request your ATM card at the bank. Note that ₦1,000+ may be deducted from your account as the card issuance fee.
4. Keep the Account Active
   To maintain the account’s activity, make small deposits occasionally. This signals to the bank that your account is in use and reduces the risk of it being flagged as dormant again.
5. Wait for YEIDEP Disbursement
   After completing these steps, wait patiently for the next disbursement phase. You’ll be notified once payments begin.

READ ALSO: How to Login to the YEIDEP Grant Dashboard Portal to Update Your Bank Details, Personal Information, and View Your YEIDEP Code

Registration Still Ongoing

If you haven’t registered for the YEIDEP program yet, registration is still open. You can sign up using the official registration portal:

Register Here

Already registered and want to check your application status or access your dashboard?

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FAQs: YEIDEP Keystone Bank Account & Next Steps

Q1: Why did I receive a Keystone Bank account from YEIDEP?
A: If you received the account, it means you’ve been shortlisted for the next stage of the empowerment program and a bank account has been created for fund disbursement.

Q2: What happens if I don’t fund the account?
A: The account may become dormant, which can delay or prevent disbursement. Deposit at least ₦2,000 to keep it active.

Q3: Can I complete my KYC online?
A: No. You must visit a physical Keystone Bank branch with required documents to complete your KYC.

Q4: Is the ATM card compulsory?
A: While it’s not compulsory, having the ATM card allows you easier access to your funds once disbursed.

Q5: I haven’t received any account details yet, what should I do?
A: Ensure you have registered on the YEIDEP platform. If registered and still waiting, be patient or contact support through their official website.

Q6: How much does it cost to get the ATM card?
A: Keystone Bank typically deducts a one-time fee of around ₦1,000 for ATM issuance from your account balance.

Q7: When will disbursement start?
A: While no official date has been announced, disbursement usually follows shortly after KYC verification. Stay connected to the official site for updates.

Final Note:
Ensure your account remains active, documents are verified, and you monitor the official platform for any further communication. Following the above steps accurately increases your chances of receiving your YEIDEP empowerment funds smoothly.