Philippine Veterans Bank introduces three new ways to save for your future with an affordable investment today! Choose which long-term time deposit product fits with your investment goals and open an account now at your nearest Veterans Bank branch.
Hyper Saver Time Deposit
Maxi-Return Time Deposit
Advantage Plus Time Deposit
PVB Hyper Saver Time Deposit
An affordable investment to nurture in 5 years and 1 day will fast forward your savings to your desired amount.
With the Veterans Bank Hyper Saver, set your target goals today, make an affordable time deposit investment, and reap a high-yielding reward at the end of the term. A Hyper Saver Time Deposit comes with a free insurance incentive.
Sample Computations
| TARGET AMOUNT |
DEPOSIT TODAY* |
| Php 200,000 |
Php 151,941.41 |
| Php 500,000 |
Php 379,853.48 |
| Php 1 million |
Php 759,706.90 |
| Php 3 million |
Php 2,279,120.72 |
| Php 5 million |
Php 3,798,525.46 |
Notes:
1. Actual deposit amount may vary depending on the date the time deposit account was opened.
2. Minimum time deposit amount must be Php 100,000.
Time Deposit Features
| Term |
5 years and 1 day |
| Interest Rate |
5.5% (monthly compounding of interest) |
| Minimum / Maximum Deposit |
Php 100,000 minimum deposit
No maximum deposit
|
| Free Insurance Incentive |
Inclusive of:
- Accidental Death or Loss of Life
- 100% of Time Deposit amount but not to exceed Php 5 Million
- Cash Assistance Benefit Due to Loss of Life
- 25% of Accidental Death Benefit but not to exceed Php 250,000
- Cash Assistance coverage for ages 71-75 years will be reduced to 12.5% of Accidental Death Benefit
- Permanent Disablement or Dismemberment
Resulting from Accident
- 100% of Time Deposit amount but not to exceed Php 5 Million
- Unprovoked Murder and Assault
- 100% of Time Deposit amount but not to exceed Php 5 Million
|
| Withholding Tax |
EXEMPTED* |
| Documentary Stamps |
WAIVED* |
* Terms and Conditions apply for all features. Separate conditions apply for individual and corporate depositors.
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PVB Maxi-Return Time Deposit
Maximize your investments with a 5-year time deposit that gives you more.
Get more from a time deposit that gives you more! For a minimum Php 100,000 time deposit opened for 5 years and 1 day, you will maximize your returns with this high-yielding deposit product. The Maxi-Return Time Deposit also comes with a free insurance incentive with in-hospital benefit.
Sample Computations (for Individuals)
| DEPOSIT AMOUNT |
EST. INTEREST TO BE EARNED* |
| Php 100,000 |
Php 31,630.02 |
| Php 200,000 |
Php 63,260.06 |
| Php 500,000 |
Php 158,150.12 |
| Php 1 million |
Php 316,300.19 |
| Php 5 million |
Php 1,518,501.10 |
Notes: Actual interest amount to be earned may vary depending on the date the time deposit account was opened.
Time Deposit Features
| Term |
5 years and 1 day |
| Interest Rate |
5.5% (monthly compounding of interest) |
| Minimum / Maximum Deposit |
Php 100,000 minimum deposit
No maximum deposit
|
| Free Insurance Incentive |
Inclusive of:
Inclusive of:
- Accidental Death or Loss of Life
- 100% of Time Deposit amount but not to exceed Php 5 million
- Daily In-Hospital Income Benefit Due to Sickness or Accident-Related Confinement
- 0.10% of Accidental Death Benefit
- Maximum of Php 5,000/day, with a minimum 1 day and a maximum 30 days confinement
- For ages 71-75, 0.05% of Accidental Death Benefit
- Cash Assistance Benefit due to sickness or illness
- 25% of Accidental Death Benefit but not to exceed Php 250,000
- Cash Assistance coverage for ages 71-75 years will be reduced to 12.5% of Accidental Death Benefit
- Permanent Disablement or Dismemberment
Resulting from Accident
- 100% of Time Deposit amount but not to exceed Php 5 Million
- Unprovoked Murder and Assault
- 100% of Time Deposit amount but not to exceed Php 5 Million
|
| Withholding Tax |
EXEMPTED* |
| Documentary Stamps |
WAIVED* |
* Terms and Conditions apply for all features. Separate conditions apply for individual and corporate depositors.
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PVB Advantage Plus Time Deposit
Get the advantage of convenience and flexibility with a time deposit that offers both at an affordable investment amount.
Withdraw monthly interests from your time deposit account with the Veterans Bank Advantage Plus Time Deposit. A minimum Php 100,000 deposit for a 5 year and 1 day term allows you this financial convenience – your interest amounts instantly gets credited to your savings account. Every Advantage Plus comes with a free insurance incentive with in-hospital benefit.
Sample Computations
| DEPOSIT AMOUNT |
EST. INTEREST AMOUNT THAT CAN BE WITHDRAWN MONTHLY* |
| Php 100,000 |
|
| Php 500,000 |
|
| Php 1 Million |
|
| Php 3 Million |
|
| Php 5 Million |
|
Notes: Actual interest amounts to be earned and withdrawable interest amounts may vary depending on the date the time deposit was opened.
Time Deposit Features
| Term |
5 years and 1 day |
| Interest Rate |
5.5% (straight line computation) |
| Minimum / Maximum Deposit |
Php 100,000 minimum deposit
No maximum deposit
|
| Free Insurance Incentive |
Inclusive of:
- Accidental Death or Loss of Life
- 100% of Time Deposit amount but not to exceed Php 5 Million
- Daily In-Hospital Income Benefit Due to Sickness or Accident-Related Confinement
- 0.10% of Accidental Death Benefit
- Maximum of Php 5,000/day, with a minimum 1 day and a maximum 30 days confinement
- For ages 71-75, 0.05% of Accidental Death Benefit
- Cash Assistance Benefit Due to Loss of Life
- 25% of Accidental Death Benefit but not to exceed Php 250,000
- Cash Assistance coverage for ages 71-75 years will be reduced to 12.5% of Accidental Death Benefit
- Permanent Disablement or Dismemberment
Resulting from Accident
- 100% of Time Deposit amount but not to exceed Php 5 Million
- Unprovoked Murder and Assault
- 100% of Time Deposit amount but not to exceed Php 5 Million
|
| Withholding Tax |
EXEMPTED* |
| Documentary Stamps |
WAIVED* |
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