Yes, you are allowed to withdraw your Time Deposit before its maturity. However, an interest rate of 0.35% applies to early withdrawals, and Documentary Stamp Tax (DST) will be imposed on the net earnings of your Time Deposit.

The DST calculation is as follows: ₱1.50 for every ₱200 of the principal. For time deposits with a tenor of less than 1 year, DST = (Original Tenor in Days / 365) x (1.50 / 200) x Principal. For a leap year, consider 366 days.