Terms of Service

• For individuals.
• 25-month term of Sasomsup Term Deposit Account, customers need to deposit the same amount of money in monthly basis for 24 months. The range of deposit is between 1,000 - 25,000 Baht.
• Customers will benefit from tax exemption on interest income.
• Customers are only allowed to extend the monthly deposit up to two months to still have the eligibility on tax exemption from interest income.
• Only 1 account per customer is permitted to open tax exemption account.
• Deposit can be made at any TMB branches nationwide but not to exceed 1 time per month.
• Partial withdrawal is not allowed. Customers are required to withdraw the whole deposit amount.

Fees / Interest Rates

• Interest rate of Sasomsap Term Deposit is in accordance with Bank's announcement.
• Interest will be paid at maturity.
• If money is withdrawn prior to the 3 months period , the interest will not be paid.
• If money is withdrawn after the 3 months period but before maturity, normal savings rate (at the day of account opening) will be applied together with deduction on withholding tax.
• Upon the maturity date, total principal and interest paid will be transferred to the linked savings account or current account based on customer preference.
• Other fees are applied in accordance with bank notifications on service fees, fines related to deposits, credit facilities and other bank fees.

Documents Required for Account Opening

Individuals

• A copy of a citizen ID card or an ID card with a photograph issued by a government agency.