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AFPSLAI

Savings Deposit Account

A deposit alternative for members whose Capital Contribution Account is already beyond the maximum limit.

Features:

  • Type: 002 Red Passbook
  • Earns interest at 3% per annum, TAX FREE!
  • Minimum maintaining balance is ₱100 and has no maximum limit
  • Interest is computed based on Average Daily Balance (ADB) and posted at the end of every quarter
  • Regular and Associate Members maintaining joint accounts can apply for Survivorship Agreement