This product is made for depositors to keep deposit for a certain period which can be withdrawn by giving notice i.e 31 OR 88 days
Eligibility: Individuals, business firms, company, association, society etc.
Deposit amount
Minimum P1000
Maximum No Limit
Period
Notice of 14 or 88 days for withdrawals of funds
Rate of interest: As applicable for the notice period as notified from time to time.
Prepayment facility: Allowed 0.5% penal interest will be charged if withdrawal is made without giving any notice.
Special features: Special rates for deposits exceeding P 0.50 Mn