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Fixed Deposit Account

Let your money work for you

Fixed Deposit Account is a highly flexible investment instrument that offers attractive interests. A minimum amount of P1000 can be invested from 3 to 24 months. It is ideal for individuals or businesses that want to invest money for a fixed period at a set interest rate.

0 %
interest earned
P 0 .00
minimum Opening Balance
NO TAX 0
On Interest Earned

Product Features

  • Minimum opening balance is P1000
  • Interest payable on the account is tax free
  • Interest rate is tiered as follows:
Period
1,000 - 9,999
10,000 - 199,999
200,000 - 499,999
500,000+
3 Months
0.80%
0.85%
0.90%
1.00%
6 Months
1.40%
1.45%
1.6%
1.75%
12 Months
1.85%
1.95%
2,10%
2.20%
18 Months
2.25%
2.35%
2.40%
2.55%
24 Months
3.35%
3.45%
3.55%
3.80%

Pricing

Entry Requirements

  • Valid proof of birth certificate or passport for persons below 18 years of age
  • Omang and passport for citizens and foreigners respectively

How do I apply for an Fixed Deposit Account?

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BSB how_it_works 1

Print, fill and sign account opening form under downloadable.

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fill-BSB-form

Submit the signed forms together with account opening documents at BSB consultant/enquiries for account opening and issuing of passbooks.

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BSB how it works

After first instalment you will receive a letter/ stipulating the commencement period and maturing date.

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BSB how it works

If payment is by EFT you will be issued with a BSB savings collection account and Fixed Deposit account number used as reference. Immediately after depositing a customer will be issued with Certificate of Deposit.

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