No Code? No Problem
If you applied for the YEIDEP grant and are struggling to open your bank account because you didn’t receive a code, you’re not alone. With the program deadline fast approaching in May 2025, many applicants are stuck at this step.
The good news? You can still open your YEIDEP bank account without needing a code, and this article will show you exactly how to do it.
Why Are People Having Issues Opening Their YEIDEP Accounts?
After registering for the program, the next step is to open an account with one of YEIDEP’s partner banks. But here’s the problem; some banks are requesting the YEIDEP code before proceeding, and many applicants haven’t received their codes yet.
This delay has left thousands of people unable to complete their application. But don’t worry, there’s a simple way around it
How to Open Your YEIDEP Bank Account Without the Code
If you haven’t received your code, you can still open your account by following this trick:
Use the same phone number you registered with in the space asking for the YEIDEP code.
That’s it. Just enter your registered phone number instead of the code. This method has already worked for thousands of applicants across several banks.
Banks Where This Method Is Working
Several partner banks have accepted this approach successfully, including:
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Keystone Bank
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Fidelity Bank
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Jaiz Bank
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Other YEIDEP-partner banks
Applicants who followed this method have had their accounts opened without any issues.
What Happens After You Open the Account?
Once your account is created, each bank follows its internal steps for verification and processing. Here’s what we know so far:
✅ Fidelity Bank
Fidelity is compiling a list of successful applicants. If your name appears, you’ll proceed to the next stage before payment is made.
✅ Keystone Bank
Keystone is currently collecting account details from everyone, including those who opened accounts using only their phone numbers. All account details will be forwarded to the Central Bank of Nigeria (CBN) for funding.
✅ Jaiz Bank
Jaiz Bank has announced plans for the physical verification of applicants. Once verification is completed, eligible names will be submitted to CBN for disbursement.
❓ Union Bank & Others
No major update yet from Union Bank and a few others. However, if you’ve already opened your account, keep your phone active and monitor your SMS and email for any updates.
Don’t Wait for the Code, Take Action Now
Waiting around for the code might cost you this opportunity. The YEIDEP grant, ranging from ₦50,000 to ₦500,000, is limited and competitive. The sooner you open your account, the better your chances.
Here’s What You Need to Do:
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Visit a nearby YEIDEP partner bank
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Ask for the YEIDEP account opening form
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In the code field, enter your registration phone number
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Complete and submit the form
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Wait for updates via SMS or email
Keep Your Phone Line Active
This step is important: do not switch off or change the phone number you used during registration. That’s how banks and the YEIDEP team will reach you for verification, approval, or final disbursement.
Missed calls or unread messages could delay or even cancel your chance of getting the grant
Summary
The YEIDEP grant is designed to support people like you, entrepreneurs, job seekers, and small business owners. Don’t let one missing code stop you from receiving financial help.
If others are opening their accounts without the code, you can too.
Use your registered phone number. Open the account. Stay alert. And follow up with your bank.
