Time Deposit (Fixed Deposit)

Secure higher returns with fixed tenures

Initial Deposit

5,000 Units

for AUD, CAD, CHF, EUR, GBP, NZD, SGD, USD;
50,000 units for HKD, 250,000 units for CNH and
500,000 units for JPY


*Promotional
interest rate up to

 2.10% p.a.

Currency Tenure (months) Promotional interest rate (p.a.)
Singapore Dollar 12 0.90%

View board rates

*The minimum placement amount for the above promotion is S$20,000. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds.


Currency Tenure (months) Promotional interest rate (p.a.)
Australian Dollar 3

12
1.45%

1.70%
New Zealand Dollar 3

12
1.90%

2.10%
U.S. Dollar 3

12
0.65%

0.80%

View board rates

*The minimum placement amount for the above promotion is 5,000 units in the respective currency.

Terms and Conditions Governing Time Deposit Promotions


The above Time Deposit promotions are only valid for placements done at any OCBC Bank branch. The placement amount for all Time Deposit promotions must be in fresh funds only. Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any branch.

Eligibility

Singaporeans, Singapore PRs and foreigners age 18 and above

2 ways to apply

At a branch

Please bring along:
1
NRIC

for Singaporeans and
Singapore PRs

OR
 
Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport

  • Employment Pass (EP) or S-Pass or Student Pass

2

5,000 Units

for AUD, CAD, CHF, EUR,
GBP, NZD, SGD, USD;
50,000 units for HKD,
250,000 units for CNH
and 500,000 units for
JPY for initial deposit

3
Additional documents

Include any one of the following documents:

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement
Find nearest branch to apply
Locate

Via Online Banking

 For existing OCBC Fixed Deposit customers (Note: Promotion is only valid at the branch)


Don't have Online Banking yet? Apply now



Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Terms and Conditions Governing Time Deposit Promotions

The above Time Deposit promotions are only valid for placements done at any OCBC Bank branch. The placement amount for all Time Deposit promotions must be in fresh funds only. Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited or funds in the form of OCBC Bank cheque/cashier's order/demand drafts. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any branch.

Foreign Currency Deposits

Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.