• RED ACCOUNT

    (Basic Deposit Account)

    Our Basic Deposit Account is the simplest and easiest way to open a savings account with a minimum required balance of as low as Php100.00 to earn interest.

    Deposits are insured by PDIC up to P500,000.00 per depositor

  • FEATURES:

    Minimum initial deposit: Php50.00

    Interest rate per annum: 0.50%

    No maintaining balance required

    Minimum ADB of Php100.00 to earn interest

    No inter-branch deposit/withdrawal fees

    REQUIREMENTS:

    Two (2) pieces ID pictures

    1 Valid ID

    STEPS TO APPLY:

    Step 1: Submit the completely filled out deposit application form together with the requirements

    Step 2: Wait for the bank representative to validate your deposit account documentation

    Step 3: Sign the account opening documents and claim your passbook


    APPLY NOW

DATA PRIVACY NOTICE

Camalig Bank, Inc. (or hereinafter referred to as “The Bank”) is committed to the proper handling and safeguarding of your personal data. We value you as a data subject and assure you that the Bank protects and respects your privacy, personal data and your rights as a data subject.

This Data Privacy Notice tells you how the Bank collects your personal data through this website and how we will process it in the course of your business with us in compliance with the requirements of the Data Privacy Act of 2012.

DATA WE COLLECT AND HOW WE USE IT

Data that we collect are limited to what will allow us to properly respond to your queries and initially validate your identity to avail of the Bank’s products and services. In order for us to do this, we will collect the following information from you:

1. Personal Details
Name
Address
Mobile Number
Date of Birth

2. Employment Details/Business Information
Name of Employer/Name of Business
Employer's Address/Business Address
Employment Tenure/Years in Business

3. Deposit Product Applied For

4. Available valid ID and the corresponding ID number

DATA RETENTION

Records of your inquiries with us are kept only for a period of five (5) years afterward the said records are destroyed and disposed of. We will only keep records of your inquiries/submitted information beyond our stated retention period if we are bound to do so under circumstances covering legal obligations or compliance with regulatory agencies, laws, or as required by police authorities.

You may find the full context of the Bank's Data Privacy Policy, by following on this link: https://www.camaligbank.com.ph/summary-policy/

By clicking "I agree" in this letter, you signify your consent to the general use and sharing of your personal information in accordance with the terms of this letter.