Land Bank Time Deposit
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| Landbank |
Land Bank Time Deposit
Regular Peso Time Deposit
Minimum Deposit Requirement
P1,000
Interest Rate
Varies Depending On Term And Amount
Term
At least 30 Days
Requirements
1. Two Valid ID's
2. 1 X 1 ID Picture
3. TIN Number Must be Presented
Additional Requirement For Sole Proprietorship Business
1. Registration of Business Name with Department of Trade and Industry
2. City/Municipal Mayor’s Permit
3. Application for Renewal of City/Municipal Mayor’s Permit/Old Registration
4. Two valid IDs of authorized signatory/ies
Accepted ID's
1. SSS ID,
2. GSIS ID,
3. Driver’s License,
4. Company ID (present),
5. School ID, Passport,
6. TIN ID, Postal ID,
7. Phil Health ID,
8. Marriage Contract (original copy),
9. Major Credit Card,
10.Membership Card of well-known associations and clubs,
11.HMO ID,
12.Senior Citizens Card.
US Dollar Time Deposit
Minimum Deposit Requirement
$1,000
Term
Minimum 30 Days
Maximum 365 Days
Interest Rate
Varies Depending On Term and Amount
Requirement For Individuals
Same as Peso Time Deposit Above
Note:
1. BPI Time Deposit Rate for A term of 35 days, 50,000 to less than
100,000, the interest is .5000%. Longer Term means higher interest.
2. Metrobank Time Deposit Rate,s minimum placement of 10,000 for
a term of 30 days will earn you a .250% interest.
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Bigwas blog about Criminal law and Procedure, Criminology and Crimes, Philippine Banking and Finance, Insurance and Investment.