There are major products which can be availed by all members namely, the MSO, Credit/Loan Services, Consumer Products and the Funeral Services.

MSO-Members' Savings Operation

The operation of BDMPC accepting time and regular saving deposit with higher interest compared with other  banks plus no withholding tax charges. Minimum deposit is P500.00 with the interest rate of 2.5% per annum and for the regular time deposit, minimum deposit is only 1,000.00 with the placement period of 30 days, quarterly or annually.

MSO Products:

1. Regular Savings Deposit
2. Regular Time Deposit



- Minimum requirement to open an account for Regular Savings Deposit is P500.00 with the interest rate of 2.5% per annum. No deduction if below the average daily balance (ADB). 


-Regular Time Deposit - minimum deposit is only 1,000.00 with the placement period of 30 days, quarterly or annually.

                        Regular Time Deposit Interest Rate:

Amount

Placement

Interest Rate

Placement

Interest Rate

P1,000 to 9,999

Quarterly

2.5%  yearly

30 days

1.5 %  yearly

P10,000 to 49,999

Quarterly

3.0 % yearly

30 days

2 %  -  yearly

P50,000 to 499,999

Annually

3.5%  yearly

30 days

2.5 % - yearly

P500,000  to 999,999

Annually

4.0%/ yearly

30 days

2.75 % - yearly 

P1,000,000 & above

Annually

5% / yearly

30 days

3 % -  yearly

                                                         

                           Special Time Deposit Rate:

                            ( Building Fund Deposit)


Amount

Placement

Interest Rate

Interest Payments

P1,000 to 49,999

3 years

4%  yearly

Quarterly

P50,000 to 499,999

3 years

6 % yearly

Semi-Annual

P500,000 to 999,999

3 years

6.5%  yearly

Annually

P1,000,000  & above

3 years

8.0%/ yearly

Annually 






















3. Special Deposit   
                        

4. Kiddie Saving Deposit is another MSO product same as the regular savings deposit intended for our kids to learn the value
                                                   of saving.


                         Credit Services Offered:

CREDIT / LOAN SERVICES

MAXIMUM AMOUNT

INTEREST RATES

Provident - Regular Loan

      Based on need    

2% per month

Productive Loan              

      Based on need    

2% per month

Emergency Loan              

        15,000.00             

2% per month

Educational Loan

        15,000.00

2% per month

Allottee Loan

      150,000.00

2% per month

(Allottee Loan above P100T-P150T)

(Requires either CHATTEL/REM as additional security)

Salary Loan        

      200,000.00

2% per month

Pension Loan (SSS/GSIS/Veterans)

        100,000.00

2% per month

Vehicle Loan

      250,000.00

2% per month

Motorcycle Loan

      150,000.00

1.5% per month

Special Loan

       5,000.00

  3% per month

Housing Loan   

3,000,000.00

  1% per month

Back to back Loan           

80% of deposit

  1.5% per month

Credit Line Loan

 Based on need

  1.5% per month

Commodity Loan

1/3 of Share Capital-add-on 5%

Business Loan  

   500,000.00

  1.5% per month

Micro – Finance Loan

        (with PDC) 

        (without PDC)                                  

 

   160,000.00

     15,000.00

  

  1.5% per month

  1.5% per month

Insurance Loan

     35,000.00

  2% per month

Appliance Loan

Heavy Equipment Loan

Agricultural Loan

     50,000.00

1,500,000.00

     35,000.00

  2% per month

  1% per month

  2% per month