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Term Deposit

Term Deposit.

We always offer our investors something extra. That’s why FinCorp Term Deposits are the smart place to park that cash you’re saving to pay taxes, business expenses, or for vehicles and holidays.

Time is money.

FinCorp Term Deposits offer high interest and let you top up your deposit any time fee free. Interest is paid on withdrawal, and you are able to track your investments via certificates issued upon lodgment. We offer two types of term deposit, Standard Term Deposits from K5,000 and negotiable-term Special Term Deposits for larger amounts. Terms and conditions apply.


Term Deposit (Standard)

Minimum 30 days
K5,000
Interest on maturity

Term Deposit (Special)

Term as agreed
For larger amounts

TERM
K5,000 – 100,000
Over 100,000
30 days
0.50
60 days
1.00
90 days
1.50
182 days
1.75
365 days
1.85
Rates on Application

Click here to download Term Deposit Rates Sheet


Before you apply…

Step 1

Deposit funds.

Decide how much you want to deposit and for how long. Complete the documents and deposit the funds.

Step 2

Add funds or withdraw early.

You can add funds without penalty or withdraw early for an agreed rate of reduced interest.

Step 3

Collect your interest.

We pay full interest at the end of the term.

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Before you apply…

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Step 1

Deposit funds.

Decide how much you want to deposit and for how long. Complete the documents and deposit the funds.

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Step 2

Add funds or withdraw early.

You can add funds without penalty or withdraw early for an agreed rate of reduced interest.

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Step 3

Collect your interest.

We pay full interest at the end of the term.

What you can expect from us.

Interest on completion

Interest on completion

We pay interest on completion of the terms.

Friendly staff

Friendly staff

The FinCorp customer service team are Papua New Guineans who live and work in the same communities you do. We’re a friendly lot who understand how Papua New Guineans like to do business. With a smile!

Flexible options

Flexible options

Our products aren’t one-size-fits-all. All our customers and their circumstances are unique. Loan amounts, repayments and repayment length can be tailored to fit you.

Full transparency

Full transparency

This means that we tell you everything that you need to know, and we don’t hide behind fancy contracts and big words. We love plain speaking.

Interest rates are subject to changewithout notice.

  • Finance Corporation Limited reserves the right to accept or refuse any deposit
  • A K100 penalty fees apply to early withdrawal before maturity date. If we agree to an early withdrawal from a Term Deposit, we will apply a reduced interest rate to the amount that is withdrawn early. The reduced interest rate will be the Term Deposit Interest Rate less 2 percentage points and K100 fee applies.
  • Additional term deposits can be accepted while existing term deposits mature.
  • Only once original completed Term Deposit Application Forms have been accepted will FinCorp advise the client to deposit funds into a nominated bank account.
  • Refer to Term Deposit Application Form for additional terms and conditions.*
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Our team can help you invest and protect your assets.

FinCorp Loans Specialists are experts in selecting the right investments and insurance for all kinds of business. Click the button below, or get in touch with one of our specialists today.

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+675 8220 2100

Call or text ‘LOAN’ for a call back

Monday – Friday, 8:30am to 4:30pm