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Deposit Account for Financial Inclusion

Peso Savings Account with ATM
Required Initial Deposit P100.00
Required Minimum Daily Balance Requirement None
Required ADB to Earn Interest P500.00

Who are eligible to open this account:

    • Individuals with regular and established small-value fund source, i.e. savings, stipend, allotment
    • Students, contract or seasonal workers, farmers, fisherfolk, OFWs,  domestic workers/kasambahay, senior citizens, indigenous peoples, PWDs, micro-entrepreneurs, housewife
    • Individuals whose access to financial service providers is currently limited to pawnshops, remittance agents, money changers/foreign exchange dealers, non-stock savings and loan associations (NSSLAs), cooperatives, lending companies, financial companies, among others
    • Individuals who reside in regions with low banking penetration,  i.e. the Autonomous Region in Muslim Mindanao (ARMM); Cordillera Administrative Region; Eastern Visayas; Zamboanga Peninsula; Occidental Mindoro, Oriental Mindoro, Marinduque, Romblon, and Palawan

Requirement:

At least one (1) original and unexpired identification document acceptable to DBP

 

DBP Deposit Requirements and Bank Service and ATM-Related Charges

Applicable Tax Rate under the CMEPA

Download Brochure

Would you like to inquire further about these products and services? Call Customer Service at (02) 683-8324 or Email: customerservice@dbp.ph

 

 

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