- This campaign is eligible for individual customers who purchase products from Prudential Life Assurance (Thailand) PCL, between 4 April to 31 May 2024, with the insurance policies approved by 30 June 2024.
- Deposit amount must be between THB 200,000 and THB 4,000,000 per customer/policy.
- Customers must purchase life insurance with a minimum sum insured /premium of THB 200,000, not exceeding THB 4,000,000 per customer/policy.
- Interest shall be payable only at the end of the deposit term.
- List of five participating insurance plans:
- CIMB Thai Value Savings 15/5 (based on sum insured)
- CIMB Thai Sabai Savings 15/6 (based on insurance premium)
- CIMB Thai Wealthy Savings 88/8 (based on insurance premium)
- CIMB Thai Ready Retire 90/5 (based on insurance premium)
- CIMB Thai Cover Care Plus (based on insurance premium)
- To open the account from 4 April to 31 May 2024, or until the total deposit under the campaign reaches THB 150 million
- Account opening conditions:
- Single account: The account owner's name must match or have the same last name as the policyholder.
- Joint account: At least one account owner's name must match or have the same last name as the policyholder.
- Deposit account is available for individual persons only, with one account per policy.
- If the deposit is withdrawn before three months, no interest will be paid.
- If the depositor does not meet the conditions of the special three-month fixed deposit account, the Bank reserves the right to adjust down the interest rate payable on the deposit to match that of a general three-month fixed deposit with passbook, according to the Bank's interest rate announcement on the date of the deposit.
This includes the cases where:
- The customer purchases life insurance for less than the deposit amount and below the minimum premiums specified by the Bank.
- The customer cancels the policy during the consideration period (15 days from policy receipt).
- The customer's application is declined based on the insurance company's underwriting criteria and conditions. The customer must contact the Bank to close the account within 15 days from the date of rejection notification. Otherwise, the deposit will earn the general 3-month fixed deposit rate with passbook, according to the Bank's interest rate announcement on the date of the deposit.
- Interest rates and terms & conditions are subject to the Bank’s announcements.
