Term Deposit
Term Deposit.
We always offer our investors something extra. That’s why FinCorp Term Deposits are the smart place to park that cash you’re saving to pay taxes, business expenses, or for vehicles and holidays.
Time is money.
FinCorp Term Deposits offer high interest and let you top up your deposit any time fee free. Interest is paid on withdrawal, and you are able to track your investments via certificates issued upon lodgment. We offer two types of term deposit, Standard Term Deposits from K5,000 and negotiable-term Special Term Deposits for larger amounts. Terms and conditions apply.
Term Deposit (Standard)
Minimum 30 days
K5,000
Interest on maturity
Term Deposit (Special)
Term as agreed
For larger amounts
Term Deposit (Promo)
Click here to download Term Deposit Rates Sheet
Click here to download Term Deposit – Terms and Conditions
What you can expect from us.
Friendly staff
The FinCorp customer service team are Papua New Guineans who live and work in the same communities you do. We’re a friendly lot who understand how Papua New Guineans like to do business. With a smile!
Flexible options
Our products aren’t one-size-fits-all. All our customers and their circumstances are unique. Loan amounts, repayments and repayment length can be tailored to fit you.
Full transparency
This means that we tell you everything that you need to know, and we don’t hide behind fancy contracts and big words. We love plain speaking.
Interest rates are subject to change without notice.
- Finance Corporation Limited reserves the right to accept or refuse any deposit.
- A K100 penalty fees applies to early withdrawal before maturity date. If we agree to an early withdrawal from a Term Deposit, we will apply a reduced interest rate to the amount that is withdrawn early. The reduced interest rate will be half the interest rate agreed with you as at the Investment Date. In addition, we will charge a K100 administration fee per early withdrawal.
- Additional term deposits can be accepted while existing term deposits mature.
- Only once original completed Term Deposit Application Forms have been accepted will FinCorp advise the client to deposit funds into a nominated bank account.
- Refer to Term Deposit Application Form for additional terms and conditions.
Click here to see our terms and conditions.
Our team can help you invest and protect your assets.
FinCorp Loans Specialists are experts in selecting the right investments and insurance for all kinds of business. Click the button below, or get in touch with one of our specialists today.
