Prime Linked Investment Account

This is an investment account that earns you interest on monthly investments. All interest rates are based on the Prime Lending rate.

Requirements

  • Minimum balance of P10000
  • Maximum balance of P500000 (for amounts above P500000, rates can be obtained from treasury)

Features

  • Interest capitalized at maturity
  • Interest capitalized monthly
  • Fixed period of 12 months
  • Can serve as security for a loan
  • Interest can be transferred electronically to any external saving or cheque account or can be paid by Cheque

Charges

  • No transaction or bank charges are payable by you

Benefits

  • Competitive interest rates linked to the Prime Lending Rate