Product overview    

• The product offers a return that is accordance to the interest rate that is agreed upon the beginning of the funds placement, should no withdrawal made until the deposit term ends.
• Customer will not be penalized for withdrawal prior to maturity but interest paid will be adjusted or will not be paid (depending on withdrawal period).
• All paid interest are subject to taxes stipulated by the government 
• The minimum amount of principal is Rp 10,000,000
• Maturity periods are available for 1, 3, 6 and 12 months.
• The maturity period can be extended automatically (Automatic Roll Over-ARO)
• An extension can be made for the amount of the principal only or the amount of the principal and the interest.
• Interest can be paid in monthly scheme or when the term ends.
• Information services regarding time deposit transactions are available from Sinaya Notification (through SMS and e-mail). To access the Sinaya Notification services automatically, customers should use cellular services from a local GSM provider (Telkomsel, XL, Indosat, Axis or Three (3)).
• Information about the accounts is provided in time deposit advice and/or electronic statement (e-statement)*.

*To access the e-statement service, a customer must first register with the SMBC Indonesia. 

Customer terms & conditions