List of Initial Deposit in Opening DBP Deposit Accounts & the Balance to Earn Interest
DBP DEPOSIT ACCOUNTS – Here is a list of the required initial deposit in opening a deposit account to the Development Bank of the Philippines (DBP) and the balance to earn interest.
One of the government banks in the Philippines is the Development Bank of the Philippines or more commonly called as DBP. It is one of those banks that offer loans to the employees of the government sectors and agencies.
Under the DBP Salary Loan, an employee of the government may loan an amount and pay for it in flexible payment terms of up to four(4) years.
Aside from the salary loan offer, the bank also offers DBP Deposit Accounts including savings, corporate, foreign currency, wisdom, pensioner, and current accounts.
On the official website of the Development Bank of the Philippines, the government bank has posted the list of the required initial deposit in opening the DBP Deposit Accounts. It also posted the average daily balance or ADB to earn an interest.
Here is the list of the DBP Deposit Accounts’ required initial deposit and ADB to earn interest:
Savings Account with ATM
Required Initial Deposit: Php 500.00
Required ADB To Earn Interest: Php 500.00
Savings Account with ATM and Passbook
Required Initial Deposit: Php 5,000.00
Required ADB To Earn Interest: Php 10,000.00
Corporate
Required Initial Deposit: Php 10,000.00
Required ADB To Earn Interest: Php 10,000.00
USD Savings Account (Individual)
Required Initial Deposit: USD 100.00
Required ADB To Earn Interest: USD 500.00
USD Savings Account (Corporate)
Required Initial Deposit: USD 1,000.00
Required ADB To Earn Interest: USD 1,000.00
Young Earner’s Savings (YES) Account Build-Up Period (PHP)
Required Initial Deposit: Php 100.00
Required ADB To Earn Interest: Php 1,000.00
Young Earner’s Savings (YES) Account Build-Up Period (USD)
Required Initial Deposit: USD 50.00
Required ADB To Earn Interest: USD 100.00
Wisdom Account (PHP)
Required Initial Deposit: Php 5,000.00
Required ADB To Earn Interest: Php 5,000.00
Wisdom Account (USD)
Required Initial Deposit: USD 100.00
Required ADB To Earn Interest: USD 500.00
Pensioner’s Account
Required Initial Deposit: Php 100.00
Required ADB To Earn Interest: Php 500.00
EC Card
Required Initial Deposit: None
Required ADB To Earn Interest: Php 500.00
Current Account (Individual Non-Interest Earning)
Required Initial Deposit: Php 5,000.00
Required ADB To Earn Interest: N/A
Current Account (Individual Interest Earning)
Required Initial Deposit: Php 10,000.00
Required ADB To Earn Interest: Php 10,000.00
Current Account (Corporate Non-Interest Earning)
Required Initial Deposit: Php 10,000.00
Required ADB To Earn Interest: N/A
Current Account (Corporate Non-Interest Earning)
Required Initial Deposit: Php 25,000.00
Required ADB To Earn Interest: Php 25,000.00
Information: Development Bank of the Philippines