Savings

Prepare for your future! Select the best savings program for your investment, leisure, health, emergency, or retirement fund. Save now!

Become a Member

NICO Savings Products

Regular Savings

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Open to all Regular and Associate Members
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Minimum Deposit of Php 1,000.00 to earn interest
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Earns higher interest @ 2% per annum compounded monthly
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TAX Free

Time Deposit

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Open to all Regular and Associate Members
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For deposits with specific term and for a higher interest rate
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Minimum deposit of Php 5,000.00
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TAX Free

Double Your Money in 10 Years

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Minimum deposit of Php 5,000.00
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A non-withdrawable deposit for a period of 10 years
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Interest earned on deposit before maturity is non-withrawable
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TAX Free

Double your Money Plus (DYM Plus)

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Denominated by Php 60,000.00 @ 11.5% straight interest rate in 1 years term.
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A non-withdrawable deposit for a period of 10 years
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Interest earned on deposit before maturity is non-withrawable
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TAX Free

Millenium Savings

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A pledge deposit ranging from P 5.00 to P 100.00 daily deposit
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The pledge amount maybe deposited or collected daily, monthly or quarterly
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Non-withdrawable savings for a period of five (5) years and shall earn interest of 8% per annum compounded annually
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TAX Free

Family Savers Club

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A fixed deposited plan of one year and withdrawable upon the maturity period of six (6) years and nine (9) years for extended plan.
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Various Plan to choose - Silver, Gold and Platinum
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With 8% interest rate per annum
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TAX Free

Youth & Power Teen Savers Club

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For kids and teenager ages 0-13 years old and 14-17 years old
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Minimum deposit of P500.00
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TAX Free

Tricycle Driver's Savings Program

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Open to all Tricycle Drivers and Operators
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Minimum daily deposit of Php 30.00 (50% to share capital and 50% to savings deposit)
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Additional requirements upon membership:
✓
2 pcs 2x2 ID Picture
✓
Photocopy of Driver's License and MTOP
✓
Initial Payment of Php 300.00

Health Savings Program

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Savings Program with bundled insurance
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Interest Rate 6% per annum
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Withdrawals permitted anytime for Medical Emergencies
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With bundled Insurance Hospital Income Benefits:
✓
Php 500.00 x 10 days (Member + 1 Dependent)
✓
Php 250.00 x 10 days (Additional Dependent)
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TAX Free

Laboratory Cooperative
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A savings program for all students in partner school of the Cooperative
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Students qualified to enrol in the Laboratory Coop is from seven (7) years old up to seventeen (17) years old
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Initial Payment upon enrolment:
✓
Membership Fee -
Php 25.00
✓
Share Capital -
25.00
✓
Savings Deposit -
25.00
✓
Student Insurance -
_____25.00
Total
Php100.00
Savings for All Seasons

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Savings Deposit for a specific purpose
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Initial deposit of Php 1,000.00
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Interest rate of 4.5% per annum
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Withdrawable on or 1 week before the day of the occassion
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TAX Free

Contact Us

For more inquiries/concerns, you may visit our branch offices or contact us with the details provided below:

Address
Cor. M. Fuentes & G.Echavez Sts., Purok 10, Poblacion, Nabunturan, Davao de Oro 8800

Contacts
(084) 817-0469 or 09198182188

Official Email Address
nico@coopnico.com
See Nico Branches

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