OCBC Bank Singapore Offers Up To 2.9% p.a. In Latest Fixed Deposit Rates From 3 July 2024 UPDATED 4 Jul 2024

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OCBC Bank Singapore is offering an enticing opportunity for customers to secure higher returns on their savings with its latest fixed deposit promotion, boasting interest rates of up to 2.9% per annum.

Update 4 July: The branch deposit rate has increased to 2.50% from 2.30%

This promotion, available from 3 July 2024, is designed to provide peace of mind and lucrative gains for investors.

The competitive rates cater to tenors ranging from 6 to 12 months, giving customers flexibility and convenience. Whether you prefer online banking or visiting a branch, OCBC Bank ensures a seamless experience for all.

Rates as of 4 July

Below is a detailed breakdown of the rates and tenors available under this promotion:

CurrencyTenure (months)Banking typePromotion interest rate a yearMinimum placement amountApply via
Singapore Dollar6, 8 or 12Branch2.50%S$30,000Any OCBC Branch
Singapore Dollar6 or 12Online2.90%S$30,000Internet Banking

To qualify for these rates, a minimum placement of S$30,000 is required. The maximum placement amount is capped at S$999,999. For deposits exceeding S$1 million, customers are advised to contact OCBC directly at 1800 363 3333 or visit any OCBC Bank branch. Note that this promotion is not available for Supplementary Retirement Scheme (SRS) funds.

How to Apply

Interested individuals can apply for this promotion by visiting the OCBC Bank Fixed Deposit Account page. For those exploring various fixed deposit options, more information can be found here.

Don’t miss out on this limited-time offer to enhance your savings with OCBC Bank’s attractive fixed deposit rates!

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