Rural Bank of Carmen (Cebu)’s 5-year Time Deposit, 20% p.a.

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NOTE: We have started the Investment Products series that compiles deposit and investment products offered by banks and financial institutions in the Philippines. These articles are for informational purposes only, they do not constitute an endorsement or recommendation by Pinoy Money Talk.

Product Name

5-Year Time Deposit, 20% interest per annum

Product Description

Rural Bank of Carmen (Cebu) is currently offering a 5-Year Time Deposit with 20% interest p.a. Interest is paid monthly thru PDCs issued to depositor every year for 5 years.

Up to P250,000 is insured by the PDIC.

Contact Details 

If interested, contact or set an appointment with:

Ms. Karen Pitoy
Rural Bank of Carmen (Cebu)
Office Numbers: (032)200-8217 or 429-9102
Mobile Number: 0915-539-4481

Discuss this product 

Join the discussion of this product in the Rural Bank of Carmen (Cebu)'s 5-year time deposit 20% per annum thread in the PMT Forum.

About the Author

James Ryan Jonas teaches business strategy, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.1 Billion ($56 Million) worth of retirement funds on behalf of thousands of UP employees.

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