Savings

Rizal Bank, Inc. encourages its members to develop a habit of saving. We developed different types of savings products to ensure that the needs of every member are met and satisfied.

Pledge Savings

This is a weekly compulsory savings of PhP 50 for Rizal Bank, Inc. microfinance members, with an option of depositing additional amount voluntarily. The maintaining balance is PhP 100 or 15% of loan principal (whichever is higher). The minimum ADB is PhP 500 to earn interest (2% per annum*)

*Interest rates are subject to change without prior notice. Interest is subject to 20% withholding tax.

Tiwala Savings

With 2% to 4.25% interest rate per annum (depending on the amount of deposit and terms), the minimum initial deposit and maintaining balance for this savings account is PhP 10,000. Maturity terms are 35, 65, 95, 185, and 365 days. Increase and decrease in principal amount is allowed.

Kayang-Kaya Savings

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The minimum initial deposit to open an account for Kayang-Kaya Savings is PhP 200. The minimum ADB is PhP 500 to earn interest (1.5% per annum).

*Interest rates are subject to change without prior notice. Interest is subject to 20% withholding tax.