BASIC SAVINGS
DEPOSIT
Overview
Start with the basic for a more affordable, easy on the pocket and (flexible way of saving money or convenient banking option).
Features
| Initial Deposit Requirement: | Php 100.00 |
| Minimum Maintaining Balance: | None |
| Maximum Balance: | Php 50,000.00 |
| Minimum Balance to Earn Interest: | Php 2,500.00 |
| Interest Rate per Annum: | 0.25% |
| Transaction Record: | Passbook |
Service Fees & Charges
| Account Closure Within 30 Days: | Php 100.00 |
| Below Minimum Balance: | Php 100.00 |
| Withholding Tax for Interest Earned: | 20% |
Requirements
- 1 Valid ID or Barangay Certificate
- 2 Updated 1x1 Picture
Deposits are insured by PDIC up to P500,000 per depositor.