• Digital Banking
  • Our App
  • Promotions
  • Our DNA
  • Financial Literacy Articles
  • Help & Support
Digital Banking
Our App
Promotions
Our DNA
Financial Literacy Articles
Help & Support
Our Products
Our Partners
Latest Promotions
Careers Page
Newsroom
Financial Essentials
Digital Banking with CIMB
Security Tips

How do I compute my Average Daily Balance?

 

To computer for the interest earned for your account, you can use the following formula:

 

Net Interest Earned = ADB x Time Period x Interest Rate less 20% withholding tax.

 

*Average Daily Balance (ADB) = Sum of your end of day balance, divided by the number of days for the month.

 

*Interest Rate = Interest rate applicable

 

*Time Period = Total number of days for the month, divided by 360 days.

Live your purpose with CIMB Bank!

Download the CIMB Bank PH app and step into the world of secure and convenient digital banking.

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed