Rural Bank of Angeles, Inc.

DEPOSITS

Savings Account

1. REGULAR SAVINGS ACCOUNT

• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.

Details Terms
Minimum Initial Deposit
₱1,000.00
Maintaining Balance
₱1,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

2. BASIC DEPOSIT

• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000

Details Terms
Initial Deposit
Not more than ₱100
Maintaining Balance
0
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
0
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
N/A
Security
PDIC insured up to ₱500,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

1. REGULAR SAVINGS ACCOUNT

• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.

2. BASIC DEPOSIT

• Interest-bearing Savings Account, which allows deposit & withdrawals(with approval from S.O/BM/A.O) over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000

Details Terms
Minimum Initial Deposit
₱1,000.00
Maintaining Balance
₱1,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00
Details Terms
Initial Deposit
Not more than ₱100
Maintaining Balance
0
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
0
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
N/A
Security
PDIC insured up to ₱500,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

1. REGULAR SAVINGS ACCOUNT

• Interest-bearing Savings Account, which allows deposit & withdrawals over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.

Details Terms
Minimum Initial Deposit
₱1,000.00
Maintaining Balance
₱1,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

2. BASIC DEPOSIT

• Interest-bearing Savings Account, which allows deposit & withdrawals(with approval from S.O/BM/A.O) over the counter with the use of passbook.
• Transactions can only be done via over the counter on its domicile branch and other RBA branches.
• Uses passbook to monitor transactions.
• PDIC insured up to P500,000

Details Terms
Initial Deposit
Not more than ₱100
Maintaining Balance
0
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
0
Required ADB to Earn Interest
₱5,000.00
Below Maintaining (ADB) Charge
N/A
Security
PDIC insured up to ₱500,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Current Account

• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate

1. CHECKING ACCOUNT - PERSONAL

Details Terms
Minimum Initial Deposit
₱5,000.00
Maintaining Balance
₱5,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

2. CHECKING ACCOUNT - CORPORATE

Details Terms
Minimum Initial Deposit
₱25,000.00
Maintaining Balance
₱25,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱25,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

OTHER SERVICES CHARGES

Details Terms
Early Closure (within 30 days)
₱300
Lost Passbook Replacement
₱110
Bank Certification
₱110
Statement of Account
₱10.00 per page
Checkbook
₱280
Stop Payment Order (SPO)
₱300.00 per check
Returned Check (DAIF, DAUD)
₱2,000.00 + 200.00 per day for every
₱40,000 and a fraction thereof
Returned Check (SPO Unfunded)
₱2,000.00 + 200.00 per day for every
₱40,000 and a fraction thereof
Returned Check (SPO Funded)
₱1,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate

1. CHECKING ACCOUNT - PERSONAL

Details Terms
Minimum Initial Deposit
₱5,000.00
Maintaining Balance
₱5,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

2. CHECKING ACCOUNT - CORPORATE

Details Terms
Minimum Initial Deposit
₱25,000.00
Maintaining Balance
₱25,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱25,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00

OTHER SERVICES CHARGES

Details Terms
Early Closure (within 30 days)
₱300
Lost Passbook Replacement
₱110
Bank Certification
₱110
Statement of Account
₱10.00 per page
Checkbook
₱280
Stop Payment Order (SPO)
₱300.00 per check
Returned Check (DAIF, DAUD)
₱2,000.00 + 200.00 per day for every
₱40,000 and a fraction thereof
Returned Check (SPO Unfunded)
₱2,000.00 + 200.00 per day for every
₱40,000 and a fraction thereof
Returned Check (SPO Funded)
₱1,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

• Interest-bearing Checking Account, that maximizes the power of account holder’s funds by earning interest while checks are issued.
• Deposits and encashments can only be done via over the counter on its domicile branch and other RBA branches.
• Uses record book to monitor transactions.
• Deposits are insured by PDIC up to P500,000 per depositor.
• Types: Personal and Corporate

1. CHECKING ACCOUNT - PERSONAL

Details Terms
Minimum Initial Deposit
₱5,000.00
Maintaining Balance
₱5,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱5,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured
up to ₱500,000.00

2. CHECKING ACCOUNT - CORPORATE

Details Terms
Minimum Initial Deposit
₱25,000.00
Maintaining Balance
₱25,000.00
Withholding Tax Rate
20%
Interest Rate
0.25%
Interest Credited
Quarterly
ADB Requirement
₱25,000.00
Required ADB to Earn Interest
₱25,000.00
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured
up to ₱500,000.00

OTHER SERVICES CHARGES

Details Terms
Early Closure
(within 30 days)
₱300
Lost Passbook Replacement
₱110
Bank Certification
₱110
Statement of Account
₱10.00 per page
Checkbook
₱280
Stop Payment Order (SPO)
₱300.00 per check
Returned Check (DAIF, DAUD)
₱2,000.00 + 200.00
per day for every
₱40,000 and a
fraction thereof
Returned Check
(SPO Unfunded)
₱2,000.00 + 200.00
per day for every
₱40,000 and a
fraction thereof
Returned Check
(SPO Funded)
₱1,000.00

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Time Deposit

1. REGULAR TIME DEPOSIT

• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000

Details Terms
Minimum Initial Placement
₱10,000.00
Placement Term
30 days up to 360 days
Withholding Tax Rate
20%
Documentary Stamps
Waived
Pre-termination Penalty
Rate back to 0.25%

2. OVER 5 YEAR TIME DEPOSIT

• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of over (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is exempted from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00

Details Terms
Minimum Initial Deposit
₱50,000.00
Placement Term
5 Year Fixed
Withholding Tax Rate
exempted
Documentary Stamps
waived

Pre-Termination Policy

Tenor Percentage
less than 365 days (1 year below)
80% of all interest earned
less than 730 days (1-2 years)
60% of all interest earned
less than 1,095 days (2-3 years)
40% of all interest earned
more than 1,095 days (3-5 years)
25% of all interest earned

Subject to Witholding Tax and DST Expenses

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

1. REGULAR TIME DEPOSIT

• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000

Details Terms
Minimum Initial Placement
₱10,000.00
Placement Term
30 days up to 360 days
Withholding Tax Rate
20%
Documentary Stamps
N/A
Pre-termination Penalty
Rate back to 0.25%

2. 5 YEAR TIME DEPOSIT

• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is waived from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00

Details Terms
Minimum Initial Deposit
₱50,000.00
Placement Term
5 Year Fixed
Withholding Tax Rate
waived
Documentary Stamps
waived

Pre-Termination Policy

Tenor Percentage
less than 365 days (1 year below)
80% of all interest earned
less than 730 days (1-2 years)
60% of all interest earned
less than 1,095 days (2-3 years)
40% of all interest earned
more than 1,095 days (3-5 years)
25% of all interest earned

Subject to Witholding Tax and DST Expenses

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

1. REGULAR TIME DEPOSIT

Tenor Percentage
less than 365 days (1 year below)
80% of all interest earned
less than 730 days (1-2 years)
60% of all interest earned
less than 1,095 days (2-3 years)
40% of all interest earned
more than 1,095 days (3-5 years)
25% of all interest earned

• Certificate of deposit (in Peso) with the Bank for a fixed period of time, in return for a fixed interest payable at the end of the term.
• Transactions can be done via over the counter on its domicile branch.
• PDIC insured up to P500,000

Details Terms
Minimum Initial Placement
₱10,000.00
Placement Term
30 days up to 360 days
Withholding Tax Rate
20%
Documentary Stamps
N/A
Pre-termination Penalty
Rate back to 0.25%

2. 5 YEAR TIME DEPOSIT

• Interest bearing Certificate of Deposit (in Peso) maintained for a minimum of (5) five years. Interest earned is credited every 35 calendar days.
• Interest income earned by the depositor is waived from 20% final tax and documentary stamps, thus, increasing depositor’s yield and bank’s access to longer-term funding in support of its PDIC insured up to P500,000.00

Details Terms
Minimum Initial Deposit
₱50,000.00
Placement Term
5 Year Fixed
Withholding Tax Rate
waived
Documentary Stamps
waived

Pre-Termination Policy

Tenor Percentage
less than 365 days (1 year below)
80% of all interest earned
less than 730 days (1-2 years)
60% of all interest earned
less than 1,095 days (2-3 years)
40% of all interest earned
more than 1,095 days (3-5 years)
25% of all interest earned

Subject to Witholding Tax and DST Expenses

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Special Savings Account

• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.

Details Terms
Minimum Placement Amount
₱100,000
Interest Rate
[Table below]
Withholding Tax
20%
Term/Repricing Cycle
Minimum term is 30 days
Interest Credited
At Maturity
Transaction Record
Passbook
DST
None
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00
Charges/Fees
Early Closure (accounts closed within 30 days from opening)
N.A.
Others
Pre-termination: Interest based on prevailing savings rate [0.25%]

Approved Rates

Special Savings Deposit (SSA) 100,001 - 500,000 500,001 - 1,000,000 over 1 M
Tenor (days)
30 - 90
2.00%
2.10%
2.20%
91 - 180
2.10%
2.20%
2.30%
181-360
2.20%
2.30%
2.40%
181-360
2.30%
2.40%
2.50%

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.

Details Terms
Minimum Placement Amount
₱100,000
Interest Rate
[Table below]
Withholding Tax
20%
Term/Repricing Cycle
Minimum term is 30 days
Interest Credited
At Maturity
Transaction Record
Passbook
DST
None
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00
Charges/Fees
Early Closure (accounts closed within 30 days from opening)
N.A.
Others
Pre-termination: Interest based on prevailing savings rate [0.25%]

Interest Rates

Special Savings Deposit (SSA) 100,001 - 500,000 500,001 - 1,000,000 over
1 M
Tenor (days)
30 - 90
2.00%
2.10%
2.20%
91 - 180
2.10%
2.20%
2.30%
181-360
2.20%
2.30%
2.40%
181-360
2.30%
2.40%
2.50%

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

• An investment passbook account with a fixed deposit balance maintained for a fixed term and rate.
• Pays higher interest rates than other deposit account and competitive with our Time Deposits.
• Passbook serves as certificate of deposit.

Details Terms
Minimum Placement Amount
₱100,000
Interest Rate
[Table below]
Withholding Tax
20%
Term/Repricing Cycle
Minimum term is 30 days
Interest Credited
At Maturity
Transaction Record
Passbook
DST
None
Below Maintaining (ADB) Charge
₱250.00 Monthly
Security
PDIC insured up to ₱500,000.00
Charges/Fees
Early Closure (accounts closed within 30 days from opening)
N.A.
Others
Pre-termination: Interest based on prevailing savings rate [0.25%]

Interest Rates

Tenor (days) 30-90 91 - 180 181-360 over 360
Special Saving Deposit (SSA)
100,001-500,000
2.00%
2.10%
2.20%
2.30%
500,001-1,000,000
2.10%
2.20%
2.30%
2.40%
over 1 M
2.20%
2.30%
2.40%
2.50%

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Agri-Agra Special Savings Investment

Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR

Investment in the form of Special Deposit Accounts for accredited rural institutions as an alternative compliance to the mandatory Agri-Agra lending requirement.
RBA offers fixed term deposit accounts as provided under Section 7, item (b) of Republic Act No. 11901 as an alternative compliance to the mandatory allocation of at least twenty-five percent (25%) of total loanable funds to finance requirements of the agricultural and fisheries sector. RBA offers competitive rates for its Agri-Agra Special Deposit Accounts which can more than offset the prescribed penalties under the law for non-compliance or under compliance Investment in the form of Special Deposit Accounts for accredited rural institutions.

DEPOSITS ARE INSURED BY PDIC UP TO P500,000.00 PER DEPOSITOR