Deadline for filing deposit insurance claims: Oct. 16

By October 11, 2020Business, News


THE Philippine Deposit Insurance Corporation (PDIC) announced that depositors of the closed Malasiqui Progressive Savings and Loan Bank, Inc. (MPSLBI) have until October 16, 2020 to file their deposit insurance claims.

Deposit insurance claims for 68 deposit accounts with aggregate insured deposits amounting to P0.79 million have yet to be filed by depositors.

Depositors must file their claims either online via electronic mail (email)

at or through postal mail or courier addressed to the PDIC Public Assistance Department, 6th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City.

Claims may also be filed personally at the PDIC’s Public Assistance Center in Makati City on a per appointment basis. (For appointment, call Public Assistance Hotline at (02) 8841-4141 or at Toll Free number 1-800-1-888-7342 or 1-800-1-888-PDIC, send an e-mail to, or send a private message at PDIC’s official Facebook account,

When filing claims through e-mail, scanned copies or photo images of the signed and accomplished Claim Form, evidence of deposit (i.e., savings passbook, certificate of time deposit, etc.), and one valid photo-bearing ID with the depositor’s signature should be attached to the e-mail. Scanned copy or photo image of the first and last page of the passbook, or the front and back portion of the certificate of time deposit should be sent as e-mail attachments.

For claims filed personally or via postal mail or courier service, depositors must enclose the accomplished and signed Claim Form, original Savings Passbook and/or Certificate of Time Deposit and photocopy of one (1) valid photo-bearing ID with depositor’s signature.

The free Claim Form can be downloaded from the PDIC website  There is no filing fee. Depositors below 18 years old should mail or submit either a photocopy of their Birth Certificate issued by the Philippine Statistics Authority

Depositors who have been notified of their documentary deficiencies through official letters from PDIC must submit the indicated requirements.

Depositors who will not be able to file their with PDIC on or before October 16, 2020 may file a claim against the assets of the bank with the Regional Trial Court – Branch 48, Urdaneta City.

Share your Comments or Reactions


Powered by Facebook Comments