Product Description
Peramihan Savings- is a higher-yielding savings account with a fixed term and maturity value. It is designed with a savings plan from which a depositor can choose for his desired savings and term of deposit.
- Peramihan savings deposit can be opened by any person who has sufficient discretion over the maintenance and operation of a savings account. It may be opened for individual account, parental account, joint account or corporate/group account subject to the policies and guidelines on account opening.
- Peramihan Savings may be used as collateral to loans with SMTCDC, provided that, the member has at least 70% deposit based on his preferred savings plan.