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Fixed Deposit
A fixed deposit account offers an enhanced rate of return for committing to keep the savings on deposit with LOLC (Cambodia) Plc 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. Clients need to deposit a minimum of KHR 200,000 (~THB 2,000 or ~USD 50) to open a fixed deposit account.
Benefits
Your money will be kept in a safe and secure place
Multiple currency choices: KHR, USD and THB
Open an account without service charge
Earn annual interest of up to 9.5% for KHR and up to 9% for USD and THB.
The longer you commit to investing, the higher interest rate you get
Interest is calculated daily and paid monthly or at maturity
You will be offered a free Fixed Deposit Certificate
Requirement
For Individuals: National ID card, passport, or equivalent document
For corporations: Legal ID of authorizer in corporate account, Memorandum and Articles of Association, Business Registration Certificate, Patent, Letter of Authorization or Board Resolution as well as other documents (if available)
How to apply
Visit any LOLC office
Fill out an application form or have LOLC staff assist you in filling out an application form
Fixed Deposit Interest Rate
Type Term
Annual Interest Rate
KHR THB USD
Monthly Interest Withdrawal
1 Month 5.25% 5.25% 5.25%
3 months 6.5% 6% 6%
6 months 7% 6.5% 6.5%
9 months 7.5% 7% 7%
12 months 8.25% 7.75% 7.75%
24 months 8.5% 8% 8%
36 months 8.65% 8.15% 8.15%
60 months 8.8% 8.3% 8.3%
Interest Withdrawal at Maturity
1 Month 5.25% 5.25% 5.25%
3 months 6.75% 6.25% 6.25%
6 months 7.25% 6.75% 6.75%
9 months 7.75% 7.25% 7.25%
12 months 8.5% 8% 8%
24 months 8.75% 8.25% 8.25%
36 months 9% 8.5% 8.5%
60 months 9.5% 9% 9%
*The above interest rate is applied for Individual customer and non-financial institution.
Head Office
#666B, Street 271, Sangkat Phsar Daeum Thkov, Khan Chamkar Mon, Phnom Penh, Cambodia
Tel: (+855) 23 991 991
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