Senior Citizen Account

Enjoy the best time of your life

This is the best time of your life. Enjoy it without having to worry about your hard earned income. Perhaps you are looking for a safe and reliable place to keep your money. Perhaps you are looking at ways to earn interest in order to complement your lifestyle.

Look no further. Make the most, with Vattanac Bank's Senior Citizen Account. Earn interest and avail preferential terms on your Fixed Deposit and Savings Account and a host of exclusive privileges just for you.

Senior Citizen Fixed Deposit

Vattanac Bank's Senior Citizen Fixed Deposit is an interest yielding term deposit account. With a minimum placement of US$1,000.00, start earning a higher interest on your preferred tenure.

Tenure in Months

Rate Per Annum

1 - 2


3 - 5


6 - 8


9 - 11


12 and Above


Benefits and Privileges

A Senior Citizen Priority Counter is available at every branch of the Bank.

50% discount on annual fee for Visa Cards for one year.

50% discount on ATM annual fee.

Discount on commission charge for outward telegraphic transfer (current published rate is 0.15%).

Discount on commission charge for inward telegraphic transfer (current published rate is 0.05).

Inter-branch transaction is allowed and provided free of charge.

Terms and Conditions

1.        Eligibility

Individuals aged 55 years and above

Joint individuals (at least one depositor    must be at least 55 years of age)

2.        Premature withdrawal for Fixed Deposit - interest payment is based on the Savings Account rate and is calculated from placement date to upliftment date.

3.        Withholding tax on interest earned from Fixed Deposit at 6% is payable by customer.

4.        No minimum balance requirement for savings account.

5.        Withholding tax on interest earned from Savings Account at 4% is payable by customer.

6.        Terms and interest rates are subject to change at the Bank's discretion.

Young Savers Account


Basic Fixed Deposit


Basic Current Account


Basic Savings Account


Maxi Current Account