Check it out! Krung Thai Bank launches savings bonds Maximum interest rate 2.30% per annum on 17-31 January 2022
On January 10, 2022, reporters reported that Krung Thai Bank Sale of special savings bonds “Happy generation” of the Ministry of Finance in the fiscal year 2022, which can be purchased through the Krungthai NEXT application, savings bond interest rates happy generation
The aforementioned savings bond is a 3-year model with a ladder interest rate as follows:
Year 1 interest rate 1.60% per annum
Year 2 Interest rate 1.80% p.a.
Year 3 interest rate 2.30% p.a.
Available for sale from 17-31 January 2022 divided into 3 periods as follows:
Phase 1: 17-18 January 2022
For those aged 60 years and over, the credit line is 30,000 million baht (including all banks), the minimum investment is 1,000 baht, the maximum is not more than 5 million baht, per person, including all banks.
Phase 2 : 19 – 23 January 2022
The remaining distribution limit from the 1st period. Minimum investment of 1,000 baht. Maximum not more than 5 million baht per person per total of all banks.
Phase 3: 24 – 31 January 2022
The remaining distribution limit from the 2nd period, minimum investment of 1,000 baht, no maximum purchase limit
Savings Bonds worth investment Who is it suitable for?
Conditions for buying savings bonds happy generation
Persons entitled to purchase savings bonds Must have the following qualifications:
be a natural person
Have Thai nationality or have a residence in Thailand according to the conditions of each period of sale
Open for sale from 08:30 and end at 24.00 during each sale period.
Interest is paid every 3 months on the 17th of April, July, October and January of each year.
The redemption period expires on January 17, 2025.
Procedure for buying savings bonds happy generation
Steps to buy bonds via Krungthai NEXT app
Enter the Krungthai NEXT app.
Click on the menu item “Services”
Click on the menu item “Savings Bonds”
Press to select the menu “Bond Model” that you want to reserve.
Specify “number of units subscribed”
Verify and “confirm” payments.
