Eligibility:

Individuals

Overview:

Minimum value 100 USD and its multiples

Term of Five years

Fixed interest rate

Interest paid monthly, quarterly, semi-annually, or annually

Redemption fees:

Interest rate of return conditions

CD Amount, redeemed after first year from day of purchase the CD

Interest rate recalculated as per the percentage of deducting from annual interest rate, which applied on the certificate according the following:

  Starting from Second Year : Percentage discounted from annual interest rate applicable to certificate 3.75%

  Through Third Year : Percentage discounted from annual interest rate applicable to certificate 3.00%

  Through Fourth Year : Percentage discounted from annual interest rate applicable to certificate 2.50%

  Through Fifth Year : Percentage discounted from annual interest rate applicable to certificate 2.00%

For rates please enter Certificates Rates.

Benefits:

Eligibility to borrow up to 85% of its value with pricing 2% above CD rate.

Required Documents:

For Existing Clients request issuance of 5 years fixed rate, USD Certificate of deposit for Individuals

For New Clients, documents for account opening, plus request issuance of 5 years fixed rate, USD Certificate of deposit for Individuals

* Other documents may requested.

* Terms and conditions apply.