OCBC Time Deposit | Fixed Deposit Singapore | FD Rates & Promotion

Time deposit (Fixed deposit)

Secure higher returns for your money

Why you will love this

Your choice of a foreign currency or SGD time deposit

Enjoy higher interest compared to a regular savings account

Who can apply

Anyone above 18 years old

Singaporean, Singapore PR or foreigner with a valid pass

With secured returns come greater peace of mind. Secure tomorrow's gains by taking action today.

Time Deposit (Fixed Deposit) Rates
  • Currency
  • Banking type
  • Promotion interest rate a year
  • Minimum placement amount
  • Apply via
SGD Time Deposit Rate
Currency Tenure (months) Banking type Promotion interest rate a year Minimum placement amount Apply via
Singapore Dollar 6 Branch 2.35% S$30,000 Any OCBC Branch
12 2.25%
Singapore Dollar 6 Online 2.45% S$30,000 Internet Banking OCBC app
12 2.45%
CPF Time Deposit Rate
Currency Tenure (months) Banking type Promotion interest rate a year Minimum placement amount Apply via
Singapore Dollar 12 Online 2.78% S$30,000 OCBC app (using CPF Ordinary Account Funds) OCBC app (using CPF Ordinary Account Funds)

Apply via OCBC appOCBC app to make a placement now.

View SGD board rates

View foreign currency board rates

The minimum placement amount for the above SGD promotion is S$30,000. The maximum placement amount for the above Time Deposit promotion is S$999,999 or equivalent. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any OCBC Bank branch. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds.

Bank safely with OCBC Money Lock
Safeguard your SGD Time Deposit account(s) with our anti-scam security feature

Safeguard your SGD Time Deposit account(s) with our anti-scam security feature

Use OCBC Money Lock to secure your Time Deposit for greater peace of mind. Lock your account(s) to prevent changes to maturity instructions – or any unauthorised withdrawals before placement matures – from being made digitally.

Before you apply

Eligibility requirements

Minimum age

18 years old

Documents required

NRIC and an image of your signature for Singaporeans and Singapore PRs

Passport and a valid pass (e.g. Employment Pass (EP) or S-Pass or Student Pass) for foreigners

Additional document

Include any one of the following documents that shows your residential address

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement

Deposit requirements

Minimum placement

$5,000 in SGD currency

$5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies

$50,000 in HKD currency

$250,000 in CNH currency


Letters

You will receive electronic versions of Letters for all your relationships/accounts.




ways to apply

Open your Time Deposit (Fixed Deposit) Account today

FAQs
Can I make changes to an existing Time Deposit?
Can I renew my Time Deposit upon maturity and at prevailing promotional rates ?
I have submitted my application for CPF Fixed Deposit (CPF FD). Why is my CPF Ordinary Account (CPF OA) not yet debited/why is the CPF FD placement not done yet?
Are there any fees for placing CPF Fixed Deposit (CPF FD)?
What are the CPF Ordinary Account (CPF OA) balances I can use for placing into CPF Fixed Deposit (CPF FD)?
What is the minimum and maximum placement amount I can put in CPF Time Deposit (CPF TD)?
How can I withdraw an existing Time Deposit?
More questions and answers
1
For Singaporeans and Permanent Residents:

NRIC and an image of your signature

For foreigners:

Passport
Employment Pass (EP); or S-Pass or Student Pass

2
Minimum placement:

$5,000 in SGD currency
$5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies
$50,000 in HKD currency
$250,000 in CNH currency

3
Include any one of the following documents:

Phone bill
Half-yearly CPF statement
Any bank statement

For OCBC customers

Apply online or open your account at the branch to enjoy promotional rates.

or

For new customers

Apply at a branch with these supporting documents  

  1. For Singaporeans and Permanent Residents:

    • NRIC

    For foreigners:

    • Passport
    • Employment Pass (EP); or S-Pass or Student Pass
  2. Minimum placement:

    • $5,000 in SGD currency
    • $5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies
    • $50,000 in HKD currency
    • $250,000 in CNH currency
  3. Additional documents
    Include any one of the following documents:

    • Phone bill
    • Half-yearly CPF statement
    • Any bank statement