Deposits
Hi-Value Savings
Features
- A deposit account evidenced by a passbook
- Minimum Initial Deposit:
- Personal – P 300
- Corporate – P 1,000
- Minimum maintaining balance to earn interest:
- Personal – P 500
- Corporate – P 5,000
- Withdrawable maintaining balance to earn interest
Qualifications
- Open to natural persons who are of legal age, can read write and has no mental or legal disability
- Juridical entities like single proprietorships, partnerships, associations and corporations duly organized and existing under the law
Requirement
- One (1) Valid I.D.
I-Max Savings
Features
- Minimum Initial Deposit – P 10,000
- Term – Minimum of 30 days amaximum of one (1) year.
- Withdrawable on demand thru a withdrawal slip and presentation of passbook
- A depositor’s option:
- Automatic renewal / roll over upon maturity, same terms and interest rate
Qualifications
- Open to natural persons who are of legal age, can read write and has no mental or legal disability
- Juridical entities like single proprietorships, partnerships, associations and corporations duly organized and existing under the law
Requirements
- One (1) Valid I.D.
Current / Checking Account
Product Definition
Deposit account withdraw-able by means of check issuance.
Eligible Depositors
- Natural Persons – without any legal impediment that would disqualify them from opening a bank account.
- Juridical Persons – single proprietorship, partnership associations, and corporations duly organized and existing under the law.
Terms and Conditions
- Minimal Initial Deposit
- Personal Checks – P 5,000.00
- Commercial Checks – P 10,000.00
Kinabukasan Special Savings
Product Definition
A deposit account evidenced by a passbook. An investment deposit account that allows prospective depositor/investor to build-up an educational/future fund for five (5) years. The account is withdrawable based on specific schedule.
Qualifications
- Any person with full civil capacity such as but not limited to the following:
- Employees
- Businessmen
- Seamans allotee
- Newlywed Couple
- OFWs
- Retirees/Pensioner
Requirements
- One valid ID (SSS, Driver’s License, UMID, Passport, Postal ID and other government issued ID)
Deposits are insured by PDIC up to P500,000 per depositor