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| Starts | 26 Jul 2023 (Wed) | Ends | 14 Aug 2023 (Mon) |
|---|---|---|---|
| Location | OCBC |
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Stretch your investment with potentially higher returns
The new OCBC Equity-Linked Structured Deposit gives you a fixed return of 2.00% after 1 year, with a bonus component of 3.50% upon the fulfilment of the bonus conditions. The mechanics are shown in the table below:
Why you will love this
- Earn a minimum of 2.00% a year with OCBC’s newly launched tranche
- Potentially higher returns than traditional time deposits
- Initial investment amount will be returned if held to maturity and the bank remains solvent
Note: There are elements of extra risks compared to a normal fixed deposit. Structured Deposits are NOT insured under the Deposit Insurance and Policy Owners’ Protection Schemes Act of Singapore. More risks info in the link below.
| Tranche | |||
|---|---|---|---|
| Mechanics | Tenor | 1 year | |
| Payout | Fixed | 2.00% | |
| Conditional Bonus | 3.50% | ||
| Bonus condition | Payable if DBS:SP (D05) ≥ 38.00 on observation date | ||
Structured Deposits can be purchased using cash or Supplementary Retirement Scheme (SRS).
For more info, click here.
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