Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
Saving money is the best gift you can give to your future self and future family.
Cebuana Lhuillier unveiled the Micro Savings which will provide Filipinos a more convenient and affordable way to save money.
An interest-bearing deposit product with a low initial deposit and has no maintaining balance. It is owned by Cebuana Lhuillier Rural Bank and is being carried by Cebuana Lhuillier Pawnshop as its cash agent, making it similar to savings bank as they accept transactions on behalf of the bank. Cebuana Lhuillier Micro Savings is currently available in close to 2,500 branches nationwide and can be availed using 24k Plus Card.
Cebuana Lhuillier Micro Savings aims to provide easier banking access to Filipinos. The product is almost the same as any regular savings account here in the Philippines and the good thing is, it doesn’t require any maintaining balance.
Filipino citizens as young as 7 years old are qualified to open an account, which can be considered as a “kids savings” or “junior savings” account.
For more details, please see the table below.
How to open a Micro Savings account?
Go to any of Cebuana Lhuillier’s 2,500 branches nationwide and fill-out the Client Customer Information File Sheet and bring all necessary requirements.
Requirements To Open Micro Savings Account
Student ID (applicable only if student is currently enrolled)
Who Are Qualified To Open An Account?
All Filipino citizens aged at least 7 years old
List Of Accepted Government or Valid IDs
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.