BAAC launches 'Yoong Thong Deposit' with 1.11% interest

Thansettakij•Economy•17d ago

Reader Briefing

BAAC offers 'Yoong Thong Deposit' with an immediate 1.11% interest rate.

•The Bank for Agriculture and Agricultural Cooperatives (BAAC) has launched a new savings product called 'Yoong Thong Deposit'.
•Depositors will receive an immediate interest rate of 1.11%.
•The deposit account has a tenure of 8 months.
•The initiative began accepting deposits on May 15th and will continue until July 15, 2026, or until capacity is reached.

•The Bank for Agriculture and Agricultural Cooperatives (BAAC) launched the 'Yoong Thong Deposit' product.
•The 'Yoong Thong Deposit' offers immediate interest at 1.11% upon deposit, in order to attract savers.
•The first phase of the 'Yoong Thong Deposit' opened for applications on May 15, 2026.
•The 'Yoong Thong Deposit' will remain open for applications until July 15, 2026, or until the deposit limit is reached, due to overwhelming demand.
•The interest rate for the 'Yoong Thong Deposit' is 1.11% per annum.
•Individuals aged 7 years and above, as well as legal entities, are eligible to open a 'Yoong Thong Deposit' account, affecting a broad range of customers.
•Interest earned from the 'Yoong Thong Deposit' is tax-exempt for individuals, allowing them to receive the full return.
•Deposits for the 'Yoong Thong Deposit' can be made at any BAAC branch nationwide, providing convenience to customers.

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Bank for Agriculture and Agricultural Cooperatives(ธ.ก.ส.)ℹ️

The organization launching the new 'Yoong Thong Deposit' product.

Yoong Thong Deposit(เงินฝากยุ้งทอง)

A new savings product offered by BAAC with an immediate interest rate.