Save money with the BAAC with the “Good savings with bonuses” project, get a lot of 1,000 baht, check the conditions in a hurry!

Save money with the BAAC with the project “Good savings, bonuses”, continuous savings, receiving bonus payments every year. Check conditions and details here.

The Bank of Agriculture and Agricultural Cooperatives (BAAC) has deposit products for children aged 7-15 with the “Good Savings Bonus” project. If you save continuously, receive bonuses every year up to 1,000 baht.

For deposit conditions, the Good Savings Bonus Program is as follows:

Product Name

• “Avon Dee Savings Bonus Programme”

type of product

• monthly savings

customer group

• Youth, students, students aged 7-15

objective

• Encourage young people, students, and students to save money continuously.

Deposit period

• Accept deposits from 31 October 22 onwards.

the duration of the project

• 5 years from date of account opening (Due from day to day)

interest rate

• Savings deposit interest rates are in accordance with the bank’s deposit interest rate publication.

interest payment

• Pay the compounded interest into your savings account every 6 months (March and September each year).
• Individuals are exempt from bank deposit interest tax.

Conditions for receiving deposits

1. Only one deposit account can be opened per person, and it is an account for one owner only. (Does not accept joint deposit account opening or accounts for minors)
2. Open an account and deposit at least 1,000 baht.
3. Must deposit continuously At least 1,000 baht per month, counting from the number of months actually deposited (Can accept deposits from all channels without any limit on the number of times)
4. Balance amount at the end of each month Lack of deposit for no more than 2 months per year, counting according to the number of months actually deposited The amount of money missing can be deposited more during the next month. or a deposit without any limit on the amount
5. Do not bind to ATM cards, electronic cards. and apply for the BAAC A-Mobile Plus service

bonus payment

1. Annual bonus payment
2. In case of breach of any deposit conditions the bank does not refund the bonus (if any).
3. Accounts eligible for bonus funds
   1. Deposit for one year within the account opening date of the due month, for example, opening an account on 10 November 2022, the due date for the right to receive the 1st year gift bag is 10 November 23.
   2. Payment is made by automatic transfer to the project savings account on the maturity date of the deposit each year.
   3. bonus payment
      • Deposit continuously for 1 year, receive a bonus of 200 baht.
      • Continuous deposit for 2 years, receive a bonus of 300 baht
      • Deposit continuously for 3 years, receive a bonus of 600 baht.
      • Deposit continuously for 4 years, receive a bonus of 800 baht.
      • Deposit continuously for 5 years, receive a bonus of 1,000 baht.

withdraw

1. Unlimited withdrawal amount and number of times (can withdraw different branches) The fee is charged according to the service rate announcement. but the amount remaining at the end of the month should not be less than the number of months deposited less 2 months multiplied by 1,000 baht = 7 months x 1,000 = 7,000 baht) therefore counting that the customer is in the project
2. Withdraw a deposit in part and get the remaining balance at the end of the month, if there is no deposit for more than 2 months, such an account will be released from the project AND change the type of monthly savings account ( SAV 2005) to a savings account (SAV 2001) receive savings interest according to the Bank’s deposit interest rate publication
   In case of withdrawing a deposit to close the account before maturity This must be done at the account owner’s branch only.

Ways to contact service providers

1. BAAC branches
2. BAAC Call Center 0-2555-0555 24 hour service every day
3. Customer Service Center 1593 Service during business days and hours
4. www.baac.or.th