Today’s small saving for a happier tomorrow
Convenient and flexible deposits from BoB
Deposit at Notice
This product is made for depositors to keep deposit for a certain period which can be withdrawn by giving notice i.e 31 OR 88 days.
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Eligibility
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Deposit Amount
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Period
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Rate of Interest
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Prepayment Facility
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Special Features
Individuals, business firms, company, association, society etc.
Minimum P1000
Maximum No Limit
Notice of 14 or 88 days for withdrawals of funds
As applicable for the notice period as notified from time to time.
Allowed 0.5% penal interest will be charged if withdrawal is made without giving any notice.
Special rates for deposits exceeding P 0.50 Mn
Need Assistance?
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What is a Deposit at Notice account?
A deposit requiring advance notice for withdrawals.
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What is the minimum deposit for a Deposit at Notice Account?
The Minimum is P1000
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What is the maximum deposit for a Deposit at Notice Account?
There is No limit.
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Who is eligible to open a Deposit at Notice account?
Individuals, firms, companies, societies.
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Are the interest rates fixed or variable on a Deposit at Notice Account?
Fixed or variable (as per bank’s prevailing rates).
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Can I withdraw funds before the notice period ends on a Deposit at Notice Account?
0.5% penal interest.
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Are there special interest rates for large deposits in a Deposit at Notice Account?
Yes, for deposits ≥ P0.5 million.
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How can I open Deposit at Notice Account account?
Submit documents at a branch.
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What are the benefits of a Deposit at Notice Account?
Higher interest than savings accounts, flexibility with notice.
