Savings Deposit - an ordinary savings deposit with minimum and initial amount of deposit of P500 to earn interest.
- No fixed term
- 1% interest rate per annum; and
- Depositor is being issued by a Passbook as proof of deposit
Premium Savings Deposit (PSD) – a special savings deposit with high interest rate compare with ordinary savings; with minimum and initial amount of deposit of P5000.00.
- With fixed term
- Interest rates below presented:
- Depositor is being issued by a Passbook as proof of deposit
Placement Value | 30-60 DAYS | 61-180 DAYS | 181-360 DAYS | 361-720 DAYS |
5,000 - 50,000 | 1.25% | 1.50% | 1.75% | 2.00% |
50,001 - 100,000 | 1.50% | 1.75% | 2.00% | 2.25% |
100,001 - 500,000 | 1.75% | 2.00% | 2.25% | 2.50% |
500,001 - 1,000,000 | 2.00% | 2.25% | 2.50% | 2.75% |
Over 1,000,000 | 2.25% | 2.50% | 2.75% | 3.00% |