A passbook-based interest-bearing savings deposit auto-debited from clients’ payroll account. The clients’ payroll account will be the sourced account while the CSDA is the recipient account.
Eligibility Criteria
CBI clients enrolled under Payroll Services & government employees with Salary Loan account.
Product Benefits
Fixed Interest Rate
Assures clients of interest earning same as regular savings account rate
Personal Accident with Fire Assistance Coverage
Free 1 year insurance protection for family and business amounting to Php 10,000.00 for accidental death, permanent disablement and fire insurance upon reaching a deposit level of Php 10,000.00 and above.
Sure Savings
Sure savings since clients would be able to save in a semi-monthly basis alongside with the fund sourced from their payroll account without spending time to transact personally.
Insured with PDIC
Funds insured up to Php 500,000.00
Requirements
2 pcs 1x1 ID picture
1 pc 2x2 ID picture
1 photo-bearing valid ID
Note: ID pictures can be obtained at any Cantilan Bank branch for free using our webcam Initial Deposit Requirement No initial deposit required