Do you want to save money and open savings account in Landbank? No worries! I got you the information that you need to know.
See below the requirements on How to Open Savings Account in Landbank:
• 2 Photo bearing ID
• Billing statement of utilities or major credit cards in the name of the customer
• Tin Number or TIN ID
• 2 – 1×1 or 2×2 recent picture
Steps in Opening Savings Account in Landbank
• Visit your chosen branch
• Go to the officer in charge for opening savings account and fill up the application form
• Submit 2 valid IDs, billing statement, Tin Number or TIN ID and 2 1×1 or 2×2 recent picture together with the initial deposit
• The Landbank teller will verify and check the information written in the application form and will proceed encoding it on their system.
• You will have your receipt or confirmation slip afterwards and will be advise when to claim your Landbank passbook.
Usually, Landbank ATM savings account are released the same day but still depends on the branch.
How Much To Open Landbank ATM Savings Account:
Minimum Initial Deposit – P500
Required Minimum Monthly ADB – P500
Required Daily Balance to Earn Interest – P2,000
Interest Rate (per annum) – 0.10%
Maximum ATM Withdrawal – P30,000/day
How Much Fees and Charges for Landbank ATM Savings Account
Service charge for Falling Below the Minimum ADB – P200/month
Interbank ATM Withdrawal – 10.00
Interbank ATM Balance Inquiry – 1.00
ATM Fund Transfer LANDBANK to LANDBANK (Intrabank) – 10.00
LANDBANK to Other Bank (Interbank) – 25.00
Online Interbank Fund Transfer – 25.00
ATM International Cash Withdrawal – 150.00
ATM International Balance Inquiry – 50.00
ATM Bills Payment – Free
Card Replacement Fee – 150.00
PIN Reprinting/Replacement – 50.00
How Much To Open Landbank Easy Savings Plus (ESP)
Minimum Initial Deposit – P20,000
Required Minimum Monthly ADB – P20,000
Required Daily Balance to Earn Interest – P20,000
Interest Rate (per annum) – Based on market rates (tiered rates based on daily balance)
How Much Fees and Charges for Landbank Easy Savings Plus (ESP)
Service charge for Falling Below the Minimum ADB – P200/month
Dormant Account – P30.00/month
Replacement Fee for Lost/Damaged Passbook – P200
How Much To Open Landbank Regular Passbook Savings Account for Individual
Minimum Initial Deposit – P10,000
Required Minimum Monthly ADB – P10,000
Required Daily Balance to Earn Interest – P10,000
Interest Rate (per annum) – 0.10%
How Much Fees and Charges for Landbank Regular Passbook Savings Account for Individual
Service charge for Falling Below the Minimum ADB – P200/month
Dormant Account – P30.00/month
Replacement Fee for Lost/Damaged Passbook – P200
How Much To Open Landbank Regular Passbook Savings Account for Institution
Minimum Initial Deposit – P10,000
Required Minimum Monthly ADB – P10,000
Required Daily Balance to Earn Interest – P10,000
Interest Rate (per annum) – 0.10%
Service charge for Falling Below the Minimum ADB – P200/month
Dormant Account – P30.00/month
Replacement Fee for Lost/Damaged Passbook – P200
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