| SGD Time Deposit Rate | |||||
| Currency | Tenure (months) | Banking type | Promotion interest rate a year | Minimum placement amount | Apply via |
| Singapore Dollar | 9 | Branch | 1.45% | S$30,000 | Any OCBC Branch |
| 12 | 1.40% | ||||
| Singapore Dollar | 9 | Online | 1.50% | S$30,000 | Internet Banking OCBC app |
| 12 | 1.45% | ||||
Apply via OCBC appOCBC app to make a placement now.
View foreign currency board rates
The minimum placement amount for the above SGD promotion is S$30,000. The maximum placement amount for the above Time Deposit promotion is S$5,000,000 or equivalent. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any OCBC Bank branch. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds.
Make a new TD placement by following these simple steps:
If you don’t have OCBC Digital, you can refer to this step-by-step guide on how to apply for OCBC Digital access:
Use OCBC Money Lock to secure your Time Deposit for greater peace of mind. Lock your account(s) to prevent changes to maturity instructions – or any unauthorised withdrawals before placement matures – from being made digitally.
Minimum age
18 years old
Documents required
NRIC and an image of your signature for Singaporeans and Singapore PRs
Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners
Additional document
Include any one of the following documents that shows your residential address
Minimum placement
$5,000 in SGD currency
$5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies
$50,000 in HKD currency
$250,000 in CNH currency
You will receive electronic versions of Letters for all your relationships/accounts.
Yes, you can change the maturity instructions multiple times via OCBC Digital app or at any OCBC branch, up to 2 working days before maturity.
For early withdrawal of your Time Deposit, you can do it via OCBC Digital app. Please note that an early withdrawal fee may be applicable and you may receive lesser or no interest at point of withdrawal too.
You may renew your existing Time Deposit at the prevailing promotional rates if your Time Deposit is maturing in the next 5 days. Simply submit your request via OCBC Digital app.
You may refer to the frequently asked questions on renewal at promotional rates.
Your CPF FD will be processed within 3 working days upon submission of your application. Your CPF Investment Account (CPF-IA) will not be debited when the application is submitted and will only be debited once the application for CPF FD placement is successful. Thank you for your patience.
For placement of CPF FD, there are transaction and custodian fees which are chargeable by your CPF Investment Account (CPF-IA) agent bank. You may check with your CPF-IA agent bank for more details on the fees.
If you have your CPF-IA with OCBC, you may refer to the Schedule of Fees and Charges.
The first S$20,000 in your CPF OA cannot be used for placing into CPF FD. You can only invest CPF OA balances above S$20,000, taking into account the CPF FD Principal amount and transactions fees.
The minimum is S$30,000, up to a maximum of S$999,999 per placement. You may place multiple placements with one instruction form per placement. Each placement is one transaction.
You may refer to the frequently asked questions on withdrawal of Time Deposit.
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.
Promotional interest rate| Currency | Tenure (months) |
Apply via |
| Singapore Dollar (SGD) | 12 | Internet Banking Mobile Banking |
NRIC and an image of your signature
Passport
Employment Pass (EP); or S-Pass or Student Pass
$5,000 in SGD currency
$5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies
$50,000 in HKD currency
$250,000 in CNH currency
Phone bill
Half-yearly CPF statement
Any bank statement
Apply online or open your account at the branch to enjoy promotional rates.
For new customers
Apply at a branch with these supporting documents
For Singaporeans and Permanent Residents:
For foreigners:
Minimum placement:
Additional documents
Include any one of the following documents:
