Ordinary Savings (Passbook-based)

Is a regular passbook-evidenced and interest-bearing deposit product that has a fixed interest rate and can be withdrawn anytime. Interest rate shall be reviewed periodically and is subject to change considering changes in market rates.

Interest per Annum

0.5% per annum, compound quarterly


a. Customers who are willing to provide all necessary information and documents.

Acceptable Valid ID’s
a) PhilID or ePhilID from the PhilSys
b) Other identification documents with picture issued by the Government of the Republic of the Philippines
1. Passport
10. OFW e-Card
2. Driver’s License
11. Alien Certificate of Registration (ACR)
12. Seaman’s Book
4. NBI Clearance
5. Police Clearance
14. PWD ID issued by the National Council on Disability Affairs
6. Voter’s ID
15. Integrated Bar of the Philippines (IBP) ID
7. Postal ID
16. PhilHealth ID
8. Senior Citizen Card17. Unified Muti-Purpose ID (UMID)
c) Other identification documents that can be verified using reliable, independent source documents, data or information.

IDs should be:

  • ✓ Clear
  • ✓ Un-expired (for IDs with expiration date)
  • ✓ Bears photograph and with signature of the individual-owner
  • ✓ Signed by an official authority and whose authenticity may be verified with said agencies/instrumentalities
  • ✓ Free from alterations
  • ✓ Preferably bears the security features or seal (if applicable) provided by the issuing agencies/instrumentalities that will prevent tampering of the ID.


Initial Deposit and Maintaining Balances

Required Initial Deposit - Individual/ Joint Savings AccountP 500.00
Required Initial Deposit - Partnership/ Associations/ Corporate Savings
P 5,000.00
Minimum Maintaining Balance - Individual/ Joint Savings Account
P 1,000.00
Minimum Maintaining Balance - Partnership/ Associations/ Corporate Savings
P 5,000.00

Fees and Charges

Below minimum balance - Individual
P 50.00
Below minimum balance - Corporate
P 150.00
Passbook replacement (for lost passbooks only)
P 100.00
Inter-branch withdrawal
P 100.00
Inter-branch deposit
P 100.00
Closure of account (voluntary closure or closing of account within 180 days from Account Opening)
P 100.00
Bank Certification
P 100.00
Statement of Account Request Fee
P 10.00/page