Time Deposit
| Description: | |
|---|---|
| * It may be withdrawn upon maturity of the account. | |
| * Time Deposit of 10,000.00 and above earns interest as determined by the MBCC during the opening or renewal of the account. The interest shall be credited to the depositor's account, and the same shall earn interest. | |
| * It can be availed by members who have already paid at least Php 10,000.00 of share capital. | |
Time Deposit Matrix:
| Amount | 30 Days |
|---|---|
| 10,000.00 to 49,999.99 | 0.70% |
| 50,000 to 99,999.99 | 0.80% |
| 100000 to 149,999.99 | 0.90% |
| 150,000 to 499,999.99 | 1.00% |
| 500,000 to 999,999.99 | 1.25% |
| 1,000,000 and above | 1.38% |