LBC Bank Royal Earner Special Savings
LBC Bank Royal Earner Special Savings Rates
Deposits start at P10,000 only.
If you have low risk-tolerance and is looking for an investment vehicle where you can safely put your hard earned money then this investment might be for you.
Term Interest Rate
2 years 7.750 %
3 years 8.500 %
4 years 8.750 %
5 years 9.000 % (Tax Free if maintained for 5 years)
Email: time.deposit@lbcbank.ph for more inquiries.
Domestic toll-free number: 1-800-1-888-86-86
Metro Manila: (02) 899-86-86
Member of PDIC. Deposits insured up to P250,000 per depositor.
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Sample computations:
For 2 years:
Php : 10,000.00
Term : 30 days
Interest : 7.75%
Tax : 20% Monthly Interest before Tax =
[10,000.00 x 7.75% x 30 (days)] / 360 days = Php64.58
= Php64.58 x 20%
= 12.92
= Php64.58 – Php12.92
= Php51.67 (interest monthly)For 5 years (tax free):
Php : 10,000.00
Term : 30 days
Interest : 9.00%
Tax : FREE
[10,000.00 x 9.00% x 30 (days)] / 360 days = Php75.00
Total Interest after 5 years =
= Php75.00 x 60 (months)
= Php4,500.00 (earn interest for 5 years)
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