FIVE-YEAR TERM TIME DEPOSITS

This is a tax-free time deposit account with a five-year term. Interest may also be drawn every month or as the depositor wishes (every quarter, every year, at the end of the term or deposited to the depositor’s savings account).

AMOUNT	INTEREST RATE (PER ANNUM)
₱100,000.00 up to ₱999,999.99	2.00%
₱1,000,000.00 up to ₱9,999,999.99	2.50%
₱10,000,000.00 and above	3.00%

Placement should be 5 years + 1 day

Net of Interest

Deposits are insured by PDIC up to P500,000 per depositor.