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 Deposits

Types of Accounts

  • Savings Bank Account
  • Current Account
  • Fixed Deposits

Savings Bank Account
SL.NO. CURRENCY MINIMUM BALANCE
Individual
1 SINGAPORE DOLLAR(SGD) 200

 Savings Bank Interest Rate is 0.1%

Current Account
SL.NO. CURRENCY MINIMUM BALANCE
Individual Firms & Companies
1 SINGAPORE DOLLAR(SGD) 1,000 5,000
2 UNITED STATES DOLLAR(USD) 2,000 2,000
3 ALL OTHER MAJOR CURRENCIES 1,000 1,000

  Singapore Dollar (SGD) Prime Lending Rate is 6.00%
United States Dollar (USD) Prime Lending Rate is 7.5%

Fixed Deposits
SL.NO. CURRENCY MINIMUM BALANCE
1 SINGAPORE DOLLAR(SGD) 1000
2 UNITED STATES DOLLAR(USD) 1000
3 ALL OTHER MAJOR CURRENCIES 2000