BDO EIP - easy way to save and invest

Yesterday I attended a seminar regarding EIP of BDO.

Easy Investment Plan (EIP) is an investment schemes that enable you to attain your financial goals and financial wellness through the twin habits of regularly saving and investing.

This is the first time that I learned that they offer a monthly deduction thru your debit card for as low as 1000 per month. All you have to do is enroll and fund your ATM . When you reach 10,000 pesos they will give a COP (Confirmation of Participation).

It is the easier way to save and invest. If I will enroll for 1000 per month it just like saving 50 pesos per working days, or 33 pesos per day.

For me this is better than the time deposit, because you can withdraw your money anytime and with a higher income. But off course with a risk, since the money that you will save will invest in UITF (Unit Investment Trust Funds).

What I like about this is I will not have any excuse to start saving since this is will be deducted before I withdraw from my payroll.

A best start to save for the future of our child J

Requirements to apply:

1. Fill up the EIP application form

2. Account opening Kit

3. 1x1 picture

4. photocopies of 2 valid ID’s.

Product Features
UITFs AVAILABLE VIA EIP	BDO Peso Fixed Income Fund (PFIF)
	BDO Peso Balanced Fund (PBAL)
	BDO Equity Fund (EQUITY)
INVESTMENT AMOUNT	Starts at Php 1,000.00 per contribution per month.
FREQUENCY AND SCHEDULE OF CONTRIBUTIONS	1x a month / 2x a month
	(5th, 10th, 15th, 20th, 25th, 30th)
SETTLEMENT ACCOUNT	Auto debit from any BDO Savings / Checking / Payroll account maintained with any BDO branch.
ISSUANCE OF EVIDENCE OF PARTICIPATION	Every time the market value of your investment reaches at least Php 10,000.00 on a contribution date, your investment will be issued a Confirmation of Participation (COP).
NON-COMPLETION FEE	0.50% of original contribution amount
CUT-OFF FOR ENROLLMENT	At least four (4) banking days before the desired first contribution date
DOCUMENTARY REQUIREMENTS	EIP Application Form plus the UITF documentary requirements

If you want to know about the EIP you may visit any BDO branch near you.

I have learnt to seek my happiness in limiting my desires, rather than attempting to satisfy them.
- John Stuart Mill