Special 3-Month Deposit Program for customer who invests in mutual funds with front end fee charged as per the Bank’s terms and conditions.
- The program is for an individual customer whose account holder name of fixed deposit account and mutual fund account shall be the same.
- Minimum initial deposit amount THB 500,000
- The special interest rate is payable at 2.20% p.a. over 3-month period for the customer who invests in mutual funds with front end fee charged (excluding SSF/RMF/Money Market). The proportion of the 3-month fixed deposit account should not exceed 50% of the entire investment amount. The account holder name of fixed deposit account and mutual fund account shall be the same. (i.e. customer will receive fixed deposit interest rate of 2.20% p.a. throughout 3 months when depositing THB 500,000 and investing THB 1,000,000 in the mutual fund with front end fee charged (excluding SSF/RMF/Money Market).
- The customer can deposit and invest in mutual fund from 1 Feb - 30 Apr 23
- Interest payment at maturity
- Withdrawal before 3 months: no interest payment.
- In case of fixed deposit reaching maturity, if the depositor does not withdraw or has no other order, or is unreachable, the Bank will renew the deposit account to the 3-month fixed deposit with passbook and pay the deposit interest rate according to the Bank’s announcement on the date of renewal and upon the maturity date.
- Deposit Period : 1 February – 30 April 2023
- Investment list participate according to sales sheet or as specific by the bank.
- The investor shall understand the product specifications, conditions of benefits and risks before investing. Please study the fund fact sheet from websites of PAM, KSAM, MFC, ONEAM, EASTSPRING, KTAM, KKPAM, LHFUND, ASSETFUND, UOBAM, ABRDN, and SCBAM.
- Bonus interest rate of 1.45% p.a. which is top up from the 3-month normal interest rate of fixed deposit account.
- In the case that the customer has participated in other promotional activities together with this promotional activity, then the customer shall receive all rewards valued at not more than 0.20% of the entire promotional campaigns.
- The extra interest rate value is not more than 0.20% of total balance of fixed deposit and investment accountห.
- This promotional campaign cannot be jointly participated with other promotional campaigns and cannot be exchanged into cash nor transferred to others.
- If each deposit amount exceeds the stipulated amount as mentioned in the table above, then the bonus interest rate of the entire deposit amount shall not be calculated for such transaction.
- In case that the depositor does not meet the condition of special 3-month fixed deposit account, the Bank reserves the right to reduce the interest rate to be paid for the entire deposit amount that breaches the condition of such fixed deposit account. The reduced interest rate shall be equal to that of normal 3-month fixed deposit with passbook according to the deposit interest rate announcement on the date of deposit.
- In case of depositing by cheque and one of them being returned cheque that causes the deposit balance lower than the minimum initial balance, it is deemed in breach of conditions. Therefore, customer will receive the interest rate of 3-month fixed deposit with passbook for such deposit amount according to the Bank’s announcement on the date of deposit.
*Interest rates and terms & conditions are subject to the Bank’s announcements.