DBS bank in Singapore offers Fixed deposit investment options. There are lot of banks that offers highest term deposit interest rates. The fixed deposit investments are also called as Term fixed Deposit.
The interest rates for the term deposit keeps changing from time to time. You have to check the latest rates frequently from the leading websites or from the DBS website or by visiting the bank. Some of the interest rates offered by DBS are:
Time period: 6 Months
Deposit Amount: $1000 to $9999 – 0.25%
Deposit Amount: $10,000 to $19,999 – 0.25%
Time period: 1 Year
Deposit Amount: $1000 to $9999 – 0.45%
Amount: $10,000 to $19,999 – 0.45%
DBS offers a lot of features and benefits for investors. It offers NRI fixed deposit investment schemes, Foreign Currency fixed deposit schemes for the investors. Some of the other benefits offered by DBS are:
The deposit offered by DBS is much affordable for small investors. The investments starts from $ 1000. You get a wide choice of investment options. You can invest for your own time period i.e. from 1 day to 24 months. There is a lot of deposit methods available in DBS. You can either deposit in ATM or through internet banking or you can visit any of the DBS branches for depositing the amount. The term deposit will be renewed automatically when the invested amount matures. You can get a overdraft facility for your investments. You can get the overdraft facility at a better interest rates.
Next Step: How to Apply?
You have to find the latest interest rates and other terms for investing. The details are available in the leading websites.
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