BAAC Introduces Tiered Interest Retirement Deposit for Thais 50+
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BAAC announced the launch of the Rich Retirement Deposit 2569 (four‑year term) to help those preparing for retirement save securely and sustainably. Accounts can be opened with a minimum deposit of 100,000 baht, with no upper limit, and earn monthly interest that increases each year: 1.30 percent in the first year, 1.35 percent in the second, 1.40 percent in the third, and 1.55 percent in the fourth, giving an average annual rate of 1.40 percent. Interest is paid monthly and is exempt from personal income tax. The deposit period is four years, and the product is available for subscription from 1 October 2026 to 31 October 2026, or until BAAC announces that enrollment is closed. The bank says the initiative promotes long‑term saving and financial stability for people approaching retirement. Interested individuals can visit any BAAC branch nationwide, go to www.baac.or.th, or call the Contact Center at 02 555 0555 for more information.
