Product Detail

As a form of deposit for a period of 1-month, the bank pays interest on the maturity of the deposit and deduct tax at source. Then the net interest is included as principal (compound interest) and automatically deposited in the next deposit period. If depositor is in need of such deposit, they can withdraw before maturity. If withdrawing any transaction before maturity, the depositor will have to withdraw the whole transaction and the bank will not pay interest on the deposit for that item.
Manage money in your way.

Manage money in your way.

Flexibility with short-term deposits, with 1-month deposit. period.
Low risk

Low risk

Absolute returns, do not worry about the interest that changes with the exact interest on your deposit period.

Document Required

Identity Verification

ID card (A foreigner using a passport and work permit), or a government official card, or a State Enterprise Employee Card

Proof of Passport

Acceptable primary proofof identity includes, but is nolimited to, original.

Proof of address

A document issued by a government department that shows your address.

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