News Ticker

Menu

Chinabank Time Deposit

chinabank logo
Chinabank



Chinabank Time Deposit









Chinabank has 3 types of Time Deposit Products. They are the ff:
1. Certificate of Time Deposit
2. Diamond Savings Account
3. Money Lift Quarterly


Certificate of Time Deposit

      Features
      1. Initial Deposit Requirement - P5,000
      2. Minimum Number of Days - 90
      3. Interest Rate Per Year

               5,000 – 49,999         0.750%
              50,000 – 199,999 0.750%
             200,000 – 499,999 0.750%
             500,000 – 999,999 0.875%
           1,000,000 – 4,999,999        1.000%
           5,000,000 and up        1.125%

      Note
      1. Interest earned will be subjected to a 20% withholding tax.
      2. Depositor has the choice to automatically rollover the
         principal and interest at maturity date.


Diamond Savings Account

      Features
      1. Initial Deposit Requirement - P50,000
      2. Minimum Number of Days - 30
      3. Interest Rate Per Year

               50,000 to 199,999      0.500%
              200,000 to 499,999      0.500%
              500,000 to 999,999      0.625%
            1,000,000 to 4,999,999    0.750%
            5,000,000 and up              0.875%

      Note
      1. The Interest above is if you will not withdraw your money
         for a minimum of 30 days. The interest is more if say you
         place your money for 60 days, 90 days, or more years.
      2. Depositor has a choice to automatically rollover your
         principal and interest at maturity date.


Money Lift Quarterly

      Features
      1. Initial Deposit Requirement - p50,000
      2. Term of Investment - 5 years and 1 day
      3. For individuals only not corporation or partnership.
      4. Interest earned shall be automatically credited to your
         account quarterly.
      5. Interest earned will not be subjected to 20% withholding tax
      6. Chinabank will shoulder the documentary stamp tax
      7. Interest Rate Per Year

               50,000 - 299,000  2.000%
              300,000 - 699,000  2.250%
              700,000 - 999,000  2.500%
            1,000,000 and Up  2.750%

Related Post






Share This:

Post Tags:

Bigwas

I'm Bigwas, It is just an Alias. I have a degree in Criminology. I'm a blogger who loves to write about anything that cross my mind. I hope you learn something from my blog.

No Comment to " Chinabank Time Deposit "

Post Any Question Or Correction

  • To add an Emoticons Show Icons
  • To add code Use [pre]code here[/pre]
  • To add an Image Use [img]IMAGE-URL-HERE[/img]
  • To add Youtube video just paste a video link like http://www.youtube.com/watch?v=0x_gnfpL3RM