Basic Savings
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Minimum Initial Deposit P100
Interest Rate (per annum) 0.15%
Effectivity Date: January 29, 2021
Required Minimum ADB P100
Documentation Passbook
Closing Fee P100
Maximum Account Baalance P50,0000
TARGET MARKET
Individuals
At least seven (7) years of age
Able to read and write
Not suffering from any legal disability
With credible identification
Deposits are insured by PDIC up to P1 million per depositor.
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