023 991 991
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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.
Benefits:
- Get high interest income
- Your money will be kept safely and securely
- Multiple currency choices: KHR, USD and THB
- Open an account at any LOLC office without service charge
Product Features:
| No | Features | Descriptions |
|---|---|---|
| 1 | Currency | KHR, USD, and THB |
| 2 | Initial Deposit | KHR 200,000,USD 50, THB 2,000 |
| 3 | Term | 1 month, 3 months, 6 months, 9 months, 12 months, 24 months, 36 months |
| 4 | Interest Payment | Pay every month end, at the end of maturity. |
| 5 | Deposit Condition | Can be made only one time when opening FD account For new deposit amount, customer can open new FD accounts |
| 6 |
Account Type | Individual Account Joint Account Corporate Account |
| 7 |
Rollover Condition | Non-Renewal Principal Rollover Principal and Interest Rollover |
| 8 |
Withholding Tax | Resident 6% Non-Resident 14% Bank/Microfinance/Government 0% |
Interest Rate:
| Type | Term | Individual/Non-Financial Institute | |
|---|---|---|---|
| KHR/USD/THB | |||
| Interest Withdrawal at Maturity | 24-36M | 7.60% |
0.15% for USD and THB currency (all term) till 30 Sep 2022 |
| 12M | 7.50% | ||
| 9M | 6.25% | ||
| 6M | 6.00% | ||
| 3M | 5.00% | ||
| 1M | 3.75% | ||
| Monthly Interest Withdrawal | 24-36M | 7.35% |
0.15% for USD and THB currency (all term) till 30 Sep 2022 |
| 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)
Fee Charge:
| No | Description | Fee charge | ||
|---|---|---|---|---|
| KHR | USD | THB | ||
| 1 | Request for Fixed Deposit Certificate replacement (lost or damaged) | 20,000 | 5.00 | 200 |
| 2 | Close fixed deposit before one month after opening date | 40,000 | 10.00 | 400 |
Account Opening 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)
- For Corporation:
- Valid National ID/Passport of signatory(-ies)*
- Memorandum and Articles of Association*
- Business Registration Certificate (Digital Form)*
- Certificate of Tax Registration (VAT)/Patent Tax*
- Letter of Authorization or Board Resolution*
- Other documents (if available).
How to apply:
- Visit any LOLC office to apply for the service or
- Through iPay Cambodia, if you have saving account
- Through e-Banking/Internet Banking
#666B, Street 271, Kbal Tumnub Muoy Village, Sangkat Boeng Tumpun 2, Khan Mean Chey, Phnom Penh, Cambodia.
023 991 991 