PNB Passbook Savings is an interest-bearing deposit account wherein transactions are recorded in a passbook.
Product Features:
- Interest-earning account*
- Monitor account by updating the passbook
- Deposit/Withdraw at PNB’s extensive branch network nationwide
*ADB must be Php 15,000.00 to earn interest
Requirements for Account Opening:
- 2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)
- 2 ID pictures (1×1 or 2×2)
- Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form
Required Initial Deposit: Php 10,000.00
PNB Passbook Savings Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | Php 10,000.00 |
| Minimum Maintaining Balance | Php 10,000.00 |
| Minimum ADB to Earn Interest | Php 15,000.00 |
| Interest Rate Effectivity Date: February 1, 2015 |
0.100% p.a. |
| Dormancy | 2 years |
| **Dormancy Fee | Php 30.00 |
| Non-usage Charge | n.a. |
| Record of Transactions | Upon request |
| Other Charges | |
|---|---|
| Passbook Replacement | Php 100.00 |
| Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. | Php 350.00 |
|
Interbranch/interoffice deposit transactions Except transactions made between and among the following branches –
|
Free Php 100.00 |
|
Interbranch/interoffice withdrawal transactions Except transactions made between and among the following branches –
|
Free Php 200.00 |
** Dormancy fees on a dormant deposit accounts shall be collected when:
– 5 years after the last activity and
– If the balance falls below the required minimum maintaining balance.
The PNB Passbook Savings account is available at all PNB branches nationwide.