I
TIME DEPOSIT
Time Deposit
An interest-bearing deposits with specific maturity dates and evidenced by certificates issued by the bank.
Minimum initial deposit
Short – Term P5,000
Long term – Term P50,000
Minimum Maintaining balance to earn interest
N/A
Interest rate
Pre-determined based on the amount and term of placement.
Term of Deposit/Placement
30 to 1826 days
Interest crediting
Monthly or, at maturity
Requirements:
- (2) Valid IDs
- (2pcs.) 2×2 Picture
Deposits are insured by PDIC up to 500,000 per depositor
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Head Office Address:
J. M. Kalaw Street, Poblacion 5, Lipa City, Batangas 4217
Email:
kapartner@mcrbi.com.ph
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