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Term Deposit Accounts are an ideal investment opportunity for those who want to save for short or long term goals or just to save for a rainy day.
FinCorp offers competitive interest rates for investments starting from K5,000. Terms of 1 to 12months are available.
FinCorp Term Deposits are available for everyone, from individuals, companies and church groups to landowners and Non Government Organizations.
Interest Rate Applied: Effective Friday 26th February 2010 Note: Interest rates are subject to change without notice
PGK 5,000 – PGK 49,999
the interest rates are as follows: - | PGK 50,000 - PGK99,999
the interest rates are as follows- |
| TERM |
RATE |
1 MTH | 4.50% |
| 2 MTHS | 4.75% |
| 3 MTHS | 5.00% |
| 6 MTHS |
5.25% |
| 9 MTHS | 5.50% |
| 12 MTHS | 6.00% |
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| TERM |
RATE |
| 1 MTH | 4.75% |
| 2 MTHS | 5.00% |
| 3 MTHS | 5.25% |
| 6 MTHS | 5.35% |
| 9 MTHS | 5.50% |
| 12 MTHS | 6.00% |
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- Interest rates are subject to change without notice.
- Finance Corporation Limited reserves the right to accept/refuse any deposit.
- Minimum deposits of K5, 000.00
- Interest will only be payable on deposits held for 30 days or longer.
- 5% Penalty fee is charged for all withdrawals before maturity that has completed 30 days from the date of the lodgment of the deposit.
- Additional deposits to existing IBD’s will only be accepted when the existing IBD matures.
For more information, contact our Term Deposits department on Ph: 323 2399 Fax: 323 0167
or Email: sales@fincorp.com.pg
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For PGK100, 000 and over, rates are available upon application.
See also "Cash Management"
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