Basic Passbook Saving Account S1


Our standard all-purpose savings account.

The Basic Passbook savings account enables you to earn a competitive rate of interest and provides a passbook for easy record keeping.

  • Funds available on demand
  • No withdrawal fees
  • Interest is tax-free up to $900 per year

1.25% pa1
interest rate

Ngaue Saving Account S1
Minimum balancena
Service fee$1 per monthly
Maintenance fees$2 per quarter
Over the counter withdraw feeFree
Number of free withdrawalsna
Dormancy fee$2.50 per month
Minimum deposit$2
Automatic deductionsna
Minimum deposit to open accounts $10
Deposit without passbook$5 per transaction
Interest IncomeCalculated monthly, paid annually, only on balances more than $100. 

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  Automatic deduction from savings accounts
  • Customer can authorise automatic deductions from saving accounts for TDB loan account.
  • PPAs or deduction to accounts at WBOT, ANZ or MBF Bank.
  • No fee charged when insufficient funds in account to make the payments.
  • Must always ensure that there is sufficient fund in the Savings Pass Book and Accounts.
  • There will be a Dormancy of $2.50 per mth for accounts not active more than 12 mths.
  • Qtrly maintenance fees is now reduced to $2 per qtr

1. No interest on balances below $100.00