CPF Time Deposit - Banking

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CPF Time Deposit

# With effect from 4 June 2007, new CPF Time Deposit placements will not be accepted.

Next Steps :

Benefits

You may choose to auto-renew your CPF Time Deposit or credit to your CPF Investment Account upon maturity

Tenors available
- Amount less than S$250,000: 1 to 12, 18, 24 and 36 months
- S$250,000 to less than S$5 million: weekly tenors, 1 to 12, 18, 24 and 36 months
- S$5 million and above: 1 to 6 days, weekly tenors, 1 to 12, 18, 24 and 36 months

Eligibility

You must be a CPF member and at least 21 years old and above

You are not an undischarged bankrupt

You must have sufficient savings in your CPF account. Please check with CPF Board

You must have a CPF Investment Account. If you do not have a CPF Investment Account, you may visit any OCBC Branch to open the account.

Single name only

Minimum deposit of S$5,000

Fees and Charges

Premature termination penalty will apply

Click here for Pricing Guide

Apply Now!

Visit any OCBC Bank Branch today to open CPF Investment Account (if you have not opened one)

You need to bring along your identity card/ passport and your CPFIS statement. Please check with CPF Board to request for your CPFIS statement

Deposit Insurance Scheme

Singapore dollar deposits held by or for an individual or a charity in accounts listed in OCBC Bank’s Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance Act.