1. Participating Branches – All ERBI Branches.
2. Deposit Accounts
Existing Accounts on ALL Cash Deposit –
-One (1) raffle entry for every P10,000.00 and above maintained ADB starting Dec. 31, 2019 All accounts with maintained
ADB of P10,000.00 and above will be given One (1) raffle ticket starting January 2, 2020.
-Additional ticket will be given to every additional ADB of P5,000.00 and above from the previous month’s balance.
(1 ticket only per qualified account).
New Accounts – (Within the promo period)
-One (1) raffle entry for every opening of Savings/ATM account with minimum of P1,000.00 opening amount
and Current Account with minimum of P5,000.00 opening amount;
-One (1) raffle entry for every opening of 55th Anniversary ATM with P550.00 opening amount.
-Two (2) raffle entries for every opening of Time Deposit and payroll account regardless of
New loan (within promo period)
-One (1) raffle entry for every loan release regardless of the amount.
Existing loan (Current)
-One (1) raffle entry for every loan payment paid on or before the due date.
4. Bills Payment/POS/Transfer of funds
-One (1) raffle entry for every 3 transactions/bills paid/POS purchases/transfer of funds to or from other bank accounts for the month. Cut off period for distribution of raffle entry for qualified client/s is at end of the month.
5. Depositor/Loan Client referring loan or deposit –”ERBI Refer a friend loan & deposit campaign program”
(terms & conditions stated at a separate memo by Mktg. Department)
-ERBI client who referred a friend to open or apply Loan gets One (1) raffle entry provided that the referred client opened
an account or paid the processing fee for loan application;
-Prospect who signed the “refer a friend campaign program” gets One (1) raffle entry under qualifications
stated in #2 for new accounts.
1. The raffle is open to all Entrepreneur Bank Loan accounts, Savings, ATM, Current account, Time deposit and referrals during the promo period from January 1, 2020 to December 31, 2020.
2. Raffle qualifications are detailed above
3. Qualified deposit accounts shall be given raffle entry upon opening of account, cash deposit, loan released and loan payment. Initial raffle entry shall be given on January 2020 to qualified depositor of the previous year as stated in #2 of the qualifications.
4. A drop box shall be placed at designated area at the branch lobby and shall be collected by HRD before the draw.
5. Winning entries will be published and announced in all banking units of Entrepreneur Bank. Closed accounts, dormant accounts and past due loans by the time of raffle draw shall be disqualified for winning.
6. Presentation of passbook or 1 valid ID is required for claiming the prize.
7. Entrepreneur Rural Bank, Inc. employees and relatives up to first (1st) degree of affinity and consanguinity are disqualified to join the promo.
8. All prizes are TAX FREE. Prizes non-transferable and not convertible to cash.
9. Winners who are picked twice will automatically win the prize with higher value. Non winner for the Anniversary raffle shall be qualified for the Grand draw.
10. All prizes can be claimed at the originating branch during banking hours from Monday-Friday from 9:00 am to 4:00 pm after the January 2021 draw date. A DTI representative will witness the drawing of winners.
11. All prizes not claimed within sixty (60) days from the date of notification/publication whichever comes last will be forfeited.