Fixed Deposit Promotion
Fixed Deposit Promotion
Minimum Deposit Amount | Promotional Interest Rate ( p.a. ) | ||
|---|---|---|---|
3 months | 6 months | 12 months | |
S$50,000 | 2.20% | 2.45% | 2.75% |
Visit the branch to apply for a Fixed Deposit.
Promotion period: Now to 31 December 2022
Call us to find out more: 6349 8330
Terms & Conditions Apply
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to SGD$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Attractive Interest Rates
Enjoy higher interest rates on your long term savings.
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Flexible Choice of Tenor
A choice of tenor from 1 to 24 months.
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Easy to Open
Get started with a minimum placement of S$50,000.
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Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporate, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
| Tenor | Board Rates % (p.a.) |
|---|---|
| 1 MONTH | 0.100000 |
| 3 MONTHS | 0.200000 |
| 6 MONTHS | 0.300000 |
| 12 MONTHS | 0.400000 |
Requirements:
A minimum deposit of S$50,000 for at least one month 21 years and above Applicable to individuals and non-individuals including societies and small businesses (sole proprietors, partnerships, clubs and associations)
Applicable to Singapore citizens, permanent residents or foreigners with valid documentation
Note: Account opening is subject to Bank's approval
Where a fixed deposit is withdrawn, in partial or in full before maturity, the following rules shall apply:
- Interest is not payable:
i. On fixed deposits with tenor of less than or equal to 3 months that have not reached maturity; OR,
ii. On any other FD withdrawn before the completion of 3 months
- Interest is payable:
For FD withdrawn after the completion of 3 months at the prevailing board rate from the date the FD was placed up to the date of withdrawal
| SGD Fixed Deposit |
|---|---|
Fixed Deposit Placements via: Inward Remittances (MEPS, Telegraphic Transfer) | Free |
Fixed Deposit Withdrawals via: Cashier's Order Payable to Account Holder Payable to Third Party
|
Free for first cashier's order, SGD5 for subsequent cashier's order SGD10
Free for first transaction |
Note: The above fees are subject to review from time to time at the discretion of the Bank.
