PISO KARON, LIBO PUHON!
Regular Savings
An interest-bearing deposit. It is evidenced by a passbook and can be drawn anytime within the banking hours. Withdrawal can be made upon presentation of a properly accomplished withdrawal slip together with the corresponding passbook.
Eligibility Criteria
Requirements in Opening Account
For individual
Eligibility Criteria
- Any person who is at least seven (7) years of age and not suffering from any legal disability may open a savings account.
- Any guardian, trustee or administrator may also open a savings account for each person or estate committed to his care.
- Minimum initial deposit of P100.00
- Minimum deposit of P1,000.00 to earn interest
- Minimum maintaining deposit balance of P100.00
- Insured with Philippine Deposit Insurance Corporation (PDIC)
- Funds insured up to P500,000.00
Requirements in Opening Account
For individual
- Two (2) pcs. 1x1 ID picture
- One (1) pc. 2x2 ID picture
- One (1) photo-bearing valid ID
- Two (2) 1x1 ID picture of each signatory
- One (1) 2x2 ID picture of each signatory
- Two (2) photo-bearing valid IDs of each signatory
- Secretary certificate (notarized)
- Article of incorporation and by-laws
- SEC registration
- Business permit
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Deposits are insured by PDIC up to P500,000 per depositor.