FD for Retrenched Workers
 
With effect from 13th November 2006, NTUC Thrift will pay more interest over and above our board rates on fixed deposit investments placed by union members who are retrenched. This offer is valid for any amounts between $500 and $100,000 and shall remain open for a period of one month following the date of the Letter/Notice of Retrenchment served on the worker.

The rate for this offer is subject to change without prior notice to union members. Information on the prevailing rate under this offer may be obtained upon request.

 
Conditions

Valid for one month following the date of the Letter/Notice of Retrenchment served on the worker
This privilege is for NTUC Thrift members only. T&C for Thrift membership apply
Application in person at our office is required. Original Letter of Retrenchment must be produced on application
Shortest tenor for FD placement is 12 months
 
Rate

Call 65347360 for information on the prevailing rate of this offer.
 
Benefits

No penalty for early withdrawal.
For early withdrawal, interest is payable up till the withdrawal date, subject to a re-cast rate.
FD account may be opened in joint names. Membership requirement applies to the joint account holder.
 
To Apply

Click  here  to download the application form or call us for a fax copy.