Deposit products that can help you secure savings for the future.
Here is the list of deposit products and services:
01
Regular Savings Account
Let your money grow! Open an SG Regular Savings Account and enjoy the security of a passbook and earn a fixed interest on your savings.
Features
-
Initial deposit requirement ₱ 300.00
-
Minimum monthly ADB requirement ₱ 300.00
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Minimum balance to earn interest ₱ 300.00
-
Interest rate per annum 0.65%
Service Fee & Charges
-
Below minimum balance ₱ 50.00
-
Withholding tax for interest 20%
Requirements
For Business Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- Mayor’s permit
- DTI certification
- Business TIN number
Additional requirements if Corporate or Partnership
- SEC certification
- Articles of Incorporation/Partnership & By-Laws
- Notarized board resolution to open account
For Organization Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- Business TIN number
- Constitution and By-Laws
- List of current officers with signatures & contact numbers
- Notarized board resolution to open
- SEC/DOLE certification account
For Personal Accounts - Single / Joint
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
02
SG Special Savings Account
Earn higher than regular savings rate in a term of a minimum of 30 days evidenced by a passbook. Minimum placement is P10,000.00
Interest Rates per Annum
-
Average Daily Balances (in Peso) Interest Rates
-
Below 10,000.00 0.00%
-
10,000.00 to 99,999.99 0.75%
-
100,000.00 to 499,999.99 1.00%
-
500,000.00 to 999,999.99 1.50%
-
1,000,000.00 to 9,999,999.99 2.00%
-
10,000,000.00 above 2.25%
Requirements
For Business Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- Mayor’s permit
- DTI certification
- Business TIN number
Additional requirements if Corporate or Partnership
- SEC certification
- Articles of Incorporation/Partnership & By-Laws
- Notarized board resolution to open account
For Organization Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Business TIN number
- Constitution and By-Laws
- List of current officers with signatures & contact numbers
- Notarized board resolution to open
- SEC/DOLE certification account
For Personal Accounts - Single / Joint
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
03
Checking Account
Open an SG Checking Account and make payments convenient and safely. Enjoy cashless transactions, cashless transactions with this interest bearing checking account.
Features
-
Initial deposit requirement ₱ 5,000.00
-
Minimum monthly ADB requirement ₱ 5,000.00
-
Minimum balance to earn interest ₱ 5,000.00
-
Interest rate per annum 0.65%
Types of SG Checking Accounts
- Personal Checking Account
- Commercial Checking Account
Requirements
For Business Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- NBI Clearance
- Mayor’s permit
- DTI certification
- Business TIN number
If building is rented:
- Contract/certification that he/she owns the building with attached photocopy of owner’s ID
Additional requirements if Corporate or Partnership
- SEC certification
- Articles of Incorporation/Partnership & By-Laws
- Notarized board resolution to open account
For Organization Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- NBI Clearance
- Business TIN number
- Constitution and By-Laws
- List of current officers with signatures & contact numbers
- Notarized board resolution to open
- SEC/DOLE certification account
If building is rented:
- Contract/certification that he/she owns the building with attached photocopy of owner’s ID
For Personal Accounts - Single / Joint
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- NBI Clearance
- TIN number
If building is rented:
- House owner’s ID
- Certification that he/she owns the house
04
Time Deposit Account
Earn greater interest rate in a term of 30 days with a minimum placement of P10,000.00.
Interest Rates per Annum
-
Average Daily Balances (in Peso) Interest Rates
-
10,000.00 to 99,999.99 0.00%
-
100,000.00 to 499,999.99 0.75%
-
500,000.00 to 999,999.99 1.00%
-
1,000,000.00 to 9,999,999.99 1.50%
-
10,000,000.00 above 2.00%
Requirements
For Business Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
- Mayor’s permit
- DTI certification
- Business TIN number
Additional requirements if Corporate or Partnership
- SEC certification
- Articles of Incorporation/Partnership & By-Laws
- Notarized board resolution to open account
For Organization Accounts
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Business TIN number
- Constitution and By-Laws
- List of current officers with signatures & contact numbers
- Notarized board resolution to open
- SEC/DOLE certification account
For Personal Accounts - Single / Joint
- 2pcs. 1×1/2×2 picture
- 2 valid government IDs
- Proof of billing
