What is fixed deposit rate for Standard Chartered Bank?
Singapore Dollar Time Deposit (Fixed Deposit)
| MINIMUM PLACEMENT | TENURE | PRIORITY BANKING PREFERENTIAL RATE |
|---|---|---|
| S$25,000 | 8 months | 0.45% p.a. interest |
Does Standard Chartered have fixed deposit?
With Standard Chartered, you get an option to open recurring deposits for a tenure as short as a year . You can open fixed deposits online seamlessly through online banking, within a few minutes. Banks also deduct tax at source (TDS) at the rate of 10% if the interest income for the year is more than Rs 10,000.
What will be FD rates in 2021?
Fixed Deposit – Best FD Interest Rates in 2021
| Interest Rate | 1.85% p.a. – 6.95% p.a. |
|---|---|
| Minimum Deposit Amount | Rs.1,000 |
| Investment Tenure | 7 days to 10 years |
| Interest Compound Frequency | Monthly, Quarterly, or Annually |
| Partial and Mid-term Withdrawal | Allowed with Penalty |
What are the terms of the Standard Chartered sustainable time deposit?
1 The promotional interest rates are only applicable if the SGD Sustainable Time Deposit is held until the maturity of the tenure. The Standard Chartered Sustainable Time Deposit September 2021 Promotion Terms and Conditions apply. 2 You must place a minimum sum of S$25,000 in Fresh Funds or Existing Funds.
Is the SGD time deposit board available for new placements?
The SGD Time Deposit Board Rates for tenures 9 months and above are available only to existing Time Deposits that are on auto-rollover. It is currently not available for new placements.
What’s the interest rate on a SGD term deposit?
For the SGD fixed term deposit accounts you can select a fixed or flexible tenure, with interest paid from 0.1% – 0.6%² based on the length of time your deposit is held for, and its value. There’s also the option of a Privilege Plus Time Deposit which is available only to people aged 55+, who can benefit from higher interest rates.³
What does fresh funds in Standard Chartered mean?
1 Fresh funds refer to funds not originating from any existing account with Standard Chartered Bank (Singapore) Limited (the “Bank”) and funds that are not withdrawn and re-deposited within the last 30 days of opening your Time Deposit.
