Transacting is easy, but so should savings. Lerako is the savings plan that allows you to easily make additional deposits to your account.
So, you can be assured of your financial security. See the requirements below and check if you qualify.
Features
- An initial minimum deposit of P100
- Minimum monthly installments of P100
- An investment period of 12 months.
- No withdrawal is allowed.
- A penalty charge for early redemption will be applicable.
- No transaction or management fees.
- Option to roll over at maturity.
- The ability to make additional deposits at any time. However, the funds will only be available on the maturity date of the investment.
- Access to Digital Banking.
Requirements
- Proof of Identification.
- Consent of Spouse (if married in community of property).
- Residence Permit for Non-Citizens.
- Employment contract for Non-Citizens.
- Proof of Physical Address (Current utility bill, a letter from the local chief and Council rates invoice not older than 3 months) not older than three months.
