(EXPIRED) Earn a minimum of 3.05% a year with OCBC’s latest Structured Deposit tranche, apply by 30 Oct 2023

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Starts17 Oct 2023 (Tue)Ends30 Oct 2023 (Mon)
Location OCBC
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Stretch your investment with potentially higher returns

Why you will love this

  • Earn a minimum of 3.05% a year with 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

The new OCBC Interest Rate Linked Structured Deposit gives you a fixed interest every 6 months until maturity, unless an Early Termination Event happens or if the deposit is early redeemed. The mechanics are shown in the table below:

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
MechanicsTenor2 years
Interest period
(each period is 6 months)
1st and 2nd period3.05%
3rd and 4th period3.10%

Structured Deposits can be purchased using cash or Supplementary Retirement Scheme (SRS).

Offer period is from 17 October 2023 to 30 October 2023 (subject to availability)

For more info, click here.

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