Fixed Deposit Account

Objective:

Fixed Deposit Account is a deposit account which gives a high return from the fixed interest rate depending on the customer’s selection period according to its preference as the following details: 6 months, 12 months, 24 months, 36 months and 60 months. withdrawal of principal and interest will be allowed upon the maturity.

Benefits:

  • • You will earn a high return from the fixed interest rate.
  • • Your account can be used as collateral for loans.
  • • You can open an account to earn a monthly interest and the principal must be matured as you have set.
  • • The fixed interest and the account balance can be checked via Internet Banking.
  • • Can be used as a guarantee for issuing a Credit Visa.

 

Currency

  • • LAK
  • • THB
  • • USD

 

Interest:


Terms and conditions:

  1. The minimum fixed deposit for general public: 2,000,000 LAK or 300 USD or 10,000 THB; For legal entities or organizations: 20,000,000 LAK or 3,000 USD or 100,000 THB; For foreigners which are not in Lao PDR: 50,000 USD or 1,500,000 THB.
  2. If the fixed deposit account is withdrawn before its maturity of 3 months, the fixed interest will not be paid or the withdrawal is over 3 months, however, before its maturity, the fixed interest will be calculated according to the interest rate of saving account and a fee of 120,000 LAK or 15 USD or 500 THB will be charged.