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PISO Account


LANDBANK Perang Inimpok Savings Option (PISO) Account Para sa mga wala pang existing deposit account sa LANDBANK o sa alinmang bangko, simple at madali nang magbukas ng sarili mong ATM savings account! Isang valid ID o Barangay Clearance at Piso na paunang deposito lang ang kailangan!

FEATURES

Type of Account ATM Savings Account
Minimum Initial Deposit ₱1.00
Required Minimum Average Daily Balance (ADB) Note: Accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter. Monthly collection to start at the end of the second month None
Interest Rate (per annum) 0.05%
Required daily balance to earn interest ₱2,000
Monthly Service Charge Below Minimum ADB Note: Accounts falling below ADB requirement for two (2) consecutive month-end and every month-end thereafter. Monthly collection to start at the end of the second month Waived
Monthly Dormancy Fee Note: Accounts with no depositor-initiated financial transaction for 1 year for Demand Deposit Accounts and 2 years for Savings Deposit Account and which fall below the required ADB. Monthly collection to start on the 5th year reckoned from the date of last financial transaction. Waived
Fee if closed within 30 calendar days from date of opening ₱300
Maximum Outstanding Balance ₱50,000 at any given time
Monthly Aggregate Credit / Deposit Limit ₱50,000
Auto Closure With a balance of P1.00 and below; Without transaction for 180 days

OTHER FEATURES

1. Ang PISO Account ay tutubo ng interes basta’t mapanatiling mayroong P2,000 minimum balance.

2. Maaaring gamitin ang PISO Account sa:

  • LANDBANK at BancNet ATMs
  • Digital Banking Channels (Mobile Banking App, iAccess, at Link.BizPortal)
  • LANDBANK Cash Deposit Machines (soon)
  • Point-of-sale transactions sa mga local establishments
  • Over-the-Counter (OTC) via Branch of Account/Servicing Branch

3. May auto “Hold all Fund” feature ito. Hindi maaaring gamitin ang laman ng account kung humigit sa P50,000 ang balance nito. Kailangang pumunta sa Branch of Account para ma-convert ang PISO Account sa regular savings account at ito’y magamit muli.

4. May applicable fees at charges ang PISO Account.