Can choose the time frame to deposit from 1-14, 24, 36 months
Can choose period to receive interest (maturity, monthly, or yearly)
Terms and Conditions
Minimum open account: 5,000 Baht for normal Fixed Deposit
Minimum open account: 10,000 Baht for normal Fixed Deposit receiving monthly interest (Next deposit not less than 10,000 Baht)
Receive interest on maturity date and/or receive depends on terms and conditions
Tax payment
Individuals 15%
Non-profit organization 10%
Corporate 1%
Deposit at any branch
After maturity, if customer doesn’t contact the bank, Deposit amount will be automatically deposited on the same plan
Withdraw before maturity and less than 3 months: No interest
Withdraw before maturity and more than 3 months: Saving interest with tax deduction
An inactive fixed deposit account refers to account that has renewal after maturity at least 1 time and then the account does not has any of these activities including deposit, withdrawal, fund transfer, passbook update, and closure of any account balances, for more than two years.
The Bank will send a notification letters to inform customers of account status and remaining balance on a yearly basis for three consecutive years.
This deposit comes under the coverage of the deposit protection scheme within limits set under the applicable statutes
Applicant Qualifications
Applicants must be at least 15 years of age
Applicants age from birth to 15 years will be required to open an account "for/by" only
Document requirement
Age 15 years and above: Copy of identity card
Minors (younger than 15 years old): Copy of identity card of father and/or mother; birth certificate of minor; or a copy of house registration certificate that specifies the name of minor