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DBP CURRENT ACCOUNT: List Of Initial Deposits & Required Balance To Earn Interest

List of Initial Deposits & Required Balance To Earn Interest Through DBP Current Account

DBP CURRENT ACCOUNT – Here is a list of the initial deposit and the required balance for a Development Bank of the Philippines (DBP) Current Account to earn interest.

Aside from the DBP Credit Salary Loan, the Development Bank of the Philippines also offers different types of accounts to the public. It has the current account and the savings account.

Under the latter, you may apply for a Peso Account, a US Dollar Account, a Young Earner’s Savings Account, Wisdom Account, Premier Payroll Account with Payroll Savings Plan, and EC Card Account.

Both the DBP Current Account and the DBP Savings Accounts earn interest upon compliance to the required maintaining balance for interest.

DBP Current Account

Based on the official website of the Development Bank of the Philippines, the bank offers DBP Current Account under two(2) divisions and two(2) types.

You may apply as an individual client or corporate clients and you may choose between non-interest earning and interest-earning accounts. The required maintaining balance may vary.

With regards to the initial deposit and the required maintaining balance of the DBP Current Account, here is a list of them according to the government bank:

For Individual Clients…

Non-Interest Earning:

  • Initial Deposit – Php 5,000.00
  • Minimum Daily Balance Requirement – Php 5,000.00

Interest Earning:

  • Initial Deposit – Php 10,000.00
  • Minimum Daily Balance Requirement – Php 10,000.00
  • ADB to Earn Interest – Php 10,000.00

For Corporate Clients…

Non-Interest Earning:

  • Initial Deposit – Php 10,000.00
  • Minimum Daily Balance Requirement – Php 10,000.00

Interest Earning:

  • Initial Deposit – Php 25,000.00
  • Minimum Daily Balance Requirement – Php 25,000.00
  • ADB to Earn Interest – Php 25,000.00

Thank you for visiting our website. We hope we have helped you with regards to the initial deposit and required maintaining balance for interest on DBP current account. You may keep coming back for more informative guides.

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