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membersupport@torilcoop.com
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Saavedra St. Toril Davao City
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(082)286-7920
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Retirement Savings Deposit

Product Description

A Retirement Savings Account is a long-term investment tool that allows members to save for retirement. It offers a higher interest rate than a Regular Savings account.

Purpose

Retirement savings primarily serve to cover increased healthcare costs as we age and during retirement years. By investing in retirement savings during working years, you’re ensuring future comfort and happiness.

  • 5% Interest Rate per annum
  • Maintaining Balance of Php 5,000.00
  • With Passbook to monitor the balance
  • No withholding taxes on interest
  • Entry Age 18-50 years old, Withdrawal upon reaching the Age of 60 years old.

Member's Testimony

SAVINGS PRODUCTS AND LOAN PRODUCTS