Basic Deposit:

I. DOCUMENTARY REQUIREMENTS
The depositor shall submit any one (1) of the following documents:
a. Any valid ID
b. Barangay Certification
c. Cedula
d. Voter Certification
e. Any other documents as proof of identity

Features of basic deposit account are more described as follows:
1. Opening amount of P100.00 only
2. No minimum maintaining balance
3. No dormancy charges
4. Aggregate deposits should not exceed P50,000.00 or the bank shall convert the account to
regular savings deposit account should the depositor exceed the maximum balance.
5. Interest rate is 0.30% per annum based on the ADB and is creditable every quarter end.
6. The depositor will be issued a passbook after complying the necessary requirement/s.

Deposits are insured by PDIC up to ₱500,000 per depositor.