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