Fixed Deposits| Oriental Bank

Keep your funds safe and make it work for you, with Oriental Bank’s Nest Fixed Deposits.

The Nest Fixed Deposit is a popular option for our clients that want to keep their funds safe under the careful watch of Oriental Bank.

Whether you’re planning for your next business venture or unsure of what to do with your money, it is the best option to get the most out of your funds!

Benefits

Different products customized to suit your needs. Be it Interest On Maturity, Monthly Interest, or Advanced Interest.

Competitive Interest Rates.

i-NEST

Interest on Maturity

A classic option for clients that are looking to receive their interest payout on maturity.

i-NEST SILVER

Monthly Interest

Gives our clients the option to receive the predetermined interest payouts every month, earned on their deposit amount. It works best for clients that prefer to receive a passive income every month.

i-NEST GOLD

Advance Interest

Gives our clients the ability to receive interest payout in advance. It fits best to clients that would rather not wait for their Fixed Deposit payout at maturity.

Interest Rates

Note

Interest on the Fixed Deposit Account is subject to withholding tax: 6% for resident and 14% for non-resident.
Interest on Maturity – Interest income will be credited into the customer's account on the maturity date.
Monthly Interest – Interest income will be credited into the customer's account on a monthly basis.
Advance Interest – Interest income will be credited into the customer's account on the date the account is opened.
Pre-mature withdrawal –No interest income will be issued to pre-mature withdrawals within the first 3 months. Interest rates from Everyday account will apply to pre-mature withdrawals above 3 months until the maturity date. For monthly/advance interests, such interest income that have been credited prior to the pre-mature withdrawal of the placement will be deducted from the principle before it is released to the customer's account.

Eligibility & Documents Required

For Residents: