A deposit account for our micro-banking customers available at Danamon Simpan Pinjam branches.
- Initial Deposit: Rp. 1.000.000,-
- Maturity Term: 1 month and can be automatically renewed (ARO)
- Free adminstration fee
- Terms & Conditions: at least 21 years old or married, photocopy of ID.
Redemption before maturity term:
- No penalty charge
- Deposit slip fee: Rp. 10,000
- Running interest will not be disbursed
withdrawals can only be done with an authentic deposit slip and can be transferred to your DSP savings account.
• A minimum deposit of just Rp. 1.000.000
• No charge to open an account
• Free penalty charge for withdrawals before maturity term
• Automatic Roll Over facility - renewal process made easy
• Can be used as a loan collateral