A Fixed Deposit Account offers a greater rate of return for clients’ commitment in keeping the savings on deposit with LOLC Cambodia for a specific period of time. Clients have the option to withdraw interest at the end of each month or at the end of the term.
Product Features:
Currency: KHR, USD, and THB
Initial Deposit: KHR 200,000, USD 50, THB 2,000
Term: 1 month, 3 months, 6 months, 9 months, 12 months, 24 months, 36 months
Interest Payment: Pay every month end, at the end of maturity.
Deposit Condition: Can be made only one time when opening FD account, For new deposit amount, customer can open new FD accounts
Account Type: Individual Account, Joint Account, Corporate Account
Rollover Condition: Non-Renewal, Principal Rollover, Principal and Interest Rollover
Withholding Tax: Resident 6%, Non-Resident 14%, Bank/Microfinance/Government 0%
Interest Rate:
Interest Withdrawal at Maturity Term: 24-36M: 7.60%, 12M: 7.50%, 9M: 6.25%, 6M: 6.00%, 3M: 5.00%, 1M: 3.75%
Monthly Interest Withdrawal: Term: 24-36M: 7.35%, 12M: 7.25%, 9M: 6.00%, 6M: 5.75%, 3M: 4.75%, 1M: 3.75%
Up to 30 Sep 2022, for any Fixed Deposit balance from USD50 or THB2,000 and Term is 1, 3, 6, 9, 12, 24, & 36 months you will get extra 0.15% interest rate (include FD opening through counter and iPay User App).
Up to 30 Sep 2022, for any Fixed Deposit balance from KHR 200,000 and Term is 1, 3, 6, 9, 12, 24, & 36 months you will get extra 0.50% interest rate (include FD opening through counter and iPay User App)