Flexible Deposit Account
Investment product | Flexibele Deposit Account SRD |
Maturity/interest rate | 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). |