Term Deposits
Term Deposits: Elevating Savings to New Heights
Experience the power of growth with our Term Deposit products. A Term Deposit account represents a fixed investment, where your funds are securely held for an agreed duration, enjoying a fixed interest rate.
Why choose a Term Deposit? The answer lies in its potential as a high-growth savings account. Compared to regular savings or transaction accounts, Term Deposit accounts can boost interest earnings, making it a savvy strategy for achieving your savings goals.
Moreover, the range of different Term Deposit products means the longer you fix your deposit, the more interest you will earn. We offer flexibility with products that range from 3 months to 10 years. If you want earnings and growth, commit to a Term Deposit and benefit from the fixed interest rate. Elevate your savings with a Kontiki Finance Term Deposit and watch your financial horizons grow.
Want to open a Term Deposit account with us?
You can contact us directly and we will help you through the process, or if you wish to go straight to the application process now, complete an application form here.
Why invest with us?
Exceptional Rates, Unwavering Confidence
Discover peace of mind with Kontiki Finance's great rates. When you commit to an agreed term, rest assured that your interest rates are not only guaranteed, but also locked in. Even if interest rates take a dip during your term, your rate remains steadfast. It's the promise of stability and value that sets us apart.
Fee-free Freedom: Your Earnings, Your Way
Experience financial freedom with Kontiki Finance. Our commitment to transparency means no hidden costs. Enjoy the benefits of no entry or exit fees, no account fees, no statement fees, no admin fees, and no commissions. Every dollar you earn is rightfully yours, ensuring your income remains untouched as long as you fulfill the agreed term. Embrace fee-free simplicity and maximize your returns, the way it should be. Your financial journey is free from unnecessary charges with us. (Refer to our Fees & Charges Brochure).
Resident Interest Withholding Tax
The tax on Term Deposit interest is fixed and final at 10% in the Fiji market and 15% in the Samoa market, unlike other investments that are taxed at a higher rate. Retirees in Fiji may also be eligible for an exemption up to $30,000 per person.
Returns paid out to suit your schedule
Choose from monthly, quarterly, bi-annual, annual or on maturity interest payments.
Term Deposit Considerations: Planning for Your Future
While a Term Deposit offers stability, it's essential to weigh the following factors:
1. Locked Funds
Your money is committed until maturity. Yet, you could leverage your Term Deposit as security to apply for a loan.
2. Limited Exit
Early redemption due to genuine hardship incurs an exit fee. Flexibility may be limited compared to other investments.
A Term Deposit grants security but demands thoughtful planning. Evaluate your needs and goals before making your financial decision. We’re here to help you navigate the path that aligns with your aspirations. (Refer to our Fees & Charges Brochure).
Term Deposit interest rates are offered to our customers. For deposits over $250,000 or terms outside the standard options, please reach out to us for more information