Flexible Deposit Account

Investment product Flexibele Deposit Account SRD
Maturity/interest rate As a client, you have the option of securing excess funds in a savings deposit (term deposit) with a flexible or fixed interest rate. Please contact the Business Banking Department at 477722, or send an email to businessbanking@hakrinbank.com.

1 months 7.00% per annum
3 months 9.00% per annum
6 months 11.00% per annum
1 year 12.00% per annum
2 year 12.00% per annum
3 year 11.00% per annum

Minimum deposit amount SRD 2500.00
Interest payment Monthly, if the term is ≤ 1 year. At the end of each calendar month. Per quarter, if the term is longer than 1 year.
Credit to giro/savings account.
Interest calculation Daily over the principal sum.
Early withdrawal Not possible; permission from Hakrinbank required.
Other conditions Interest rate is determined by the bank, depending on developments in the capital market. Option to extend at expiration date, possible (rollover).