FIND US

Interest Rates


LANDBANK rates for Peso and Dollar deposit products (New rates effective 01 August 2020)

I. Savings Account*

Period covered: September 22-October 5, 2020

TYPE OF DEPOSIT ACCOUNT

MINIMUM INITIAL DEPOSIT

REQUIRED DAILY BALANCE TO EARN INTEREST

INTEREST RATE

INDIV.

CORP.

INDIV.

CORP.

REGULAR PASSBOOK SAVINGS ACCOUNT

Php 10,000

P10,000 

Php 10,000

Php 10,000

         0.05% (from 0.10%)

SAVINGS ACCOUNT with ATM Access

Php 500

n/a

Php 2,000

n/a

         0.05% (from 0.10%)

US DOLLAR SAVINGS ACCOUNT

$100

$1,000

$500

$1,000

      0.10% (from 0.15%)

*Accounts covered by a Memorandum of Agreement (MOA) shall abide by the terms of the Agreement

II. Investment Account

Period covered: September 22-October 5, 2020

1. Peso Time Deposit

TERM

AMOUNT (in Philippine Peso, Php)

1,000.00 – 49,999.99

50,000.00 – 299,999.99

300,000.00 – 499,999.99

500,000.00 – 999,999.99

1,000,000.00 and up

30-60 days

0.125

0.215

0.310

0.405

0.500

61-90 days

0.200

0.310

0.375

0.435

0.575

91-180 days

0.275

0.435

0.500

0.560

0.650

181-364 days

0.350

0.560

0.625

0.685

0.750

 

2. US Dollar Time Deposit

TERM

AMOUNT (in US Dollar, USD)

1,000 – 9,999

10,000 – 49,999

50,000 – 99,999

100,000.00 – below 5M

30-60 days

0.2500

0.2650

0.3000

0.4000

61-90 days

0.3000

0.3150

0.3500

0.4500

91-180 days

0.3500

0.3650

0.4000

0.5000

181-270 days

0.4000

0.4150

0.4500

0.5000

271-360 days

0.4500

0.4650

0.5000

0.5500

 

 


3. High Yield US Dollar Time Deposit (HYUDTD)

High-Yield US Dollar Time Deposit (HYUSDTD)

MINIMUM PLACEMENT

TENOR

INTEREST RATE (compounded annually)

$2,000.00 up to Max of $9,999.99

2 years

1.00% p.a.

$10,000.00

3 years

1.50% p.a.