Provides the convenience of flexible placement tenors for Rupiah time deposits, with various tenor options available from 1, 3, 6, or 12 months.
Offers competitive interest rates.
Interest earned is subject to tax in accordance with government regulations.
Minimum placement of IDR 10,000,000.
Available in tenors of 1, 3, 6, and 12 months.
Can be automatically renewed (Automatic Roll Over – ARO).
Renewal can be for principal only or principal plus interest.
Interest can be paid monthly or at maturity.
Customer | CCY | Balance Tiering | ||||
|---|---|---|---|---|---|---|
1 | 3 | 6 | 9 | 12 | ||
General | IDR | 3,50% | 3,50% | 3,50% | 3,50% | 3,50% |
*LPS guarantees deposits up to a maximum of IDR 2,000,000,000 and at interest rates determined by LPS here.
Facilities:
Can be used as collateral for loans
Terms & Conditions:
Minimum placement: IDR 10,000,000 - or USD 1,000
Other currencies: equivalent to USD 1,000
Complete the time deposit account opening form and attach the required documents as stated in the form
Interest is paid monthly on the placement date. If the date falls on a holiday, payment will be made on the next working day
For customers with total deposits > IDR 7,500,000 - interest income will be subject to Article 23 tax at 20%
Risks:
Early withdrawal before maturity will be subject to penalties in accordance with applicable rates
Fees:
Account opening and certificate issuance
Early withdrawal is subject to fees in accordance with Bank regulations
