FirstPremium Term Deposit

FirstPremium Term Deposit is made for the investor who requires more value for his money. It offers higher interest rates than the conventional term deposit and has fixed tenures of either 6 months or one year.

Account Information

FAQs

The minimum tenor is six (6) months and the maximum tenor is one year, subject to rollover.

Interest can only be earned after 6 months, either as terminal interest for the 6-month variant or as semi-annual interest for the 1 year option.

Yes, it can be liquidated at any time; however, the special interest offer is forfeited, and the interest reverts to the Bank’s premium savings interest rate (presently 2% p.a.).

See also