Regular Savings Deposit

Characteristics:

• Liquid savings account with no contracted maturity.
• Minimum of P500.00 to open an account.
• Maintaining balance is P1, 000.00.
• If balance did not maintain the minimum balance the account will not receive interest.
• Quarterly interest computation based on the average daily balance.
• With separate passbook.
• Withdrawal can be made anytime.
• Not subject to withholding tax.