Mandatory Savings

Interest Rate: | 1.50% |
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Maintaining Balance: | P1,200.00 |
Guidelines: | |
1. Mandatory savings in the amount of Php50.00 will be automatically deducted from payroll on a semi-monthly for Member A and lump sum or monthly deposit for Member B. | |
2. This accumulated savings within the calendar year can only be withdrawan starting on the first month of the calendar year. |