SAVINGS DEPOSITS
Grow your savings the easy way

Regular Savings Deposits


Mandaue City Public Market Vendors Multi-Purpose Cooperative also wanted to educate the members about thrift savings. Thus MAVENCO offers a saving products with high interest rates.

REGULAR SAVINGS DEPOSITS                Regular          Associate

Initial Deposit P1,000 P100
Maintaining Balance P1,000 P1,000
Interest Rate 4% P.A 4% P.A




 

  • Open to all Regular and Associate member
  • Open an account for at least P100 for associate member with free passbook
  • Open an account for at least P1,000 for regular member with free passbook and will qualify to earned interest
  • Bears with competitive interest rate of 4% per annum
  • Interest earned is tax free