LONG TERM DEPOSITS
You can just relax and let us earn for your future! In Long Term Deposit, interest is credited to your account periodically and accrued monthly based on effective rate. The principal amount must be left intact at all times, but if you want to use a portion of the principal, you can apply for a hold out loan application. Upon full payment of the loan plus interest, your account is released and restored to its previous status.
- An initial deposit of PHP10,000
- Tax-free deposit
- High interest-bearing account
- Maturity term is five (5) years
- Back-to-Back loan facility
- Has a maintaining balance of PHP10,000
- An original and photocopy of any identification
- Passport including those issued by foreign governments
- Driver’s license
- Professional Regulation Commission (PRC) ID
- Postal ID
- Voter’s ID
- Taxpayer Identification Number (TIN)
- Government Service Insurance System (GSIS) e-Card
- Social Security System (SSS) card
- Senior Citizen card
- Overseas Workers Welfare Administration (OWWA) ID
- Overseas Filipino Worker (OFW) ID
- Government office and Government-owned and Controlled Corporation (GOCC) ID (e.g., Armed Forces of the Philippines (AFP), Home Development Mutual Fund (HDMF) IDs)
- ID issued by the National Council on Disability Affairs
- Integrated Bar of the Philippines (IBP) ID
- Company IDs issued by private entities or institutions registered with or supervised or regulated either by the Bangko Sentral ng Pilipinas (BSP), Securities and Exchange Commission (SEC) or Insurance Commission (IC)
- PhilHealth Health Insurance Card ng Bayan
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Barangay Certification
- Seaman’s Book
- Alien Certificate of Registration / Immigrant Certificate of Registration
- Department of Social Welfare and Development (DSWD) Certification
- Professional ID cards issued by Maritime Industry Authority (MARINA)
- Philippine Identification System ID (Philsys)