Early withdrawal of the Time Deposit prior to maturity may incur certain charges.
Please see the table below for more details on charges.
|
Documentary Stamp Tax (DST) charge |
Pre-termination Penalty |
|
|
Charges |
PHP 1.50 for every PHP 200.00 of the principal amount. |
50% of gross interest earned if pre-terminated at the first half of the tenure. |
|
For time deposits with tenure of less than 1 year DST = (Original Tenure in Days / 365) x (1.50 / 200) x Principal Amount. 366 for a leap year. |
25% of gross interest earned if pre-terminated at the second half of the tenure. |
To learn how to pre-terminate your time deposit, please visit How do I pre-terminate a time deposit with #UNOboost@GCash or #UNOearn@GCash?