(EXPIRED) Earn up to 5.50% over 1 year with OCBC’s latest Structured Deposit tranche, apply by 10 Oct 2023

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Starts29 Sep 2023 (Fri)Ends10 Oct 2023 (Tue)
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 the 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
MechanicsTenor1 year
PayoutFixed2.00%
Conditional bonus3.50%
Bonus conditionPayable if SSG:SP (OV8) ≥ 1.80 on observation date

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

Offer period is from 29 September 2023 to 10 October 2023 (subject to availability)

For more info, click here.

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