Deposit Products

Basic Deposit

Acceptable even without valid I.D. subject for the submission of Birth Certificate. If the deposit balance reached more than P50,000.00, it will immediately be converted into regular savings. 

The account holder shall be notified through an official letter of the account conversion.

Initial deposit 100.00

Regular Savings Deposit

Used primarily for the safekeeping of funds and evidenced by a passbook.

An initial deposit of P500.00

Special Savings Deposit

Minimum placement of P20,000.00 and Maximum of P250,000.00

Special Savings Deposit Plus

Above P250,000.00 up to P5,000,000.00 minimum term of 180 days.

Above P5,000,000 minimum term of 365 days.

Long-Term Deposit

5-years and 1 day with a Corresponding interest rate

Minimum placement of P100,000.00

Tax exempted.

Kiddie and Teen Deposit

Used primarily for the safe keeping of funds and evidenced by a passbook

An initial deposit of P500.00

Premium Savings Deposit

Requires a minimum deposit of P50,000.00 to earn interest.

Interest is graduated depending on the amount of the deposit.

Pledge Savings Deposit

Maintained through regular daily, weekly, or monthly deposits with a specific purpose such as education, travel, business capital, retirement, etc.

It has a minimum term of 5 years. The savings can only be withdrawn at the end of the agreed term. It earns interest higher than a regular savings deposit.

PHILIPPINE DEPOSIT INSURANCE CORPORATION

Deposits are insured by PDIC up to P500,000 per depositor