Deposits

deposits

You can place your Singapore dollars for a fixed or flexible period of time.
  • Automatic Renewals
  • Strategic locations of our branches for easy placement
  • Wide choice of placement periods
  • Senior Citizen will get an additional 0.125% p.a.

With effect from 15/12/2008, the revised interest rates for fixed deposits are as follows :-

Tenor Interest Rate
  < $50,000 $50,000 and above
1 month 0.3500% 0.3500%
3 months 0.4250% 0.6000%
6 months 0.5500% 0.7500%
9 months 0.6000% 0.8750%
12 months 0.8500% 0.9375%
24 months 1.0000% 1.1800%
36 months 1.0000% 1.1800%
48 months 1.0000% 1.1800%
60 months 1.0000% 1.1800%
  • Senior Citizen rate will be 0.125% p.a. above board rate for fixed deposit placement of 12 months & above.

This deposit, if held by or for an individual or charity, is insured up to the limits specified in the Deposit Insurance Act.

For information on the Deposit Insurance Act, please follow this link Deposit Insurance Scheme.

Terms & Conditions Governing Savings and Fixed/Call Deposit Accounts

The above rates are subject to changes time to time without prior notice.