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Shinhan GIC (Non-Redeemable)

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2018-04-17 10:30
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Shinhan GIC (Non-Redeemable)

Eligibility:                                        Personal, Corporate and Other Organizations

Currency:                                        CAD, USD

Minimum Deposit:                         $1,000

Partial Withdrawal:                        Not eligible

Early Redemption:                          Not eligible

Automatic Renewal:                      Available (the interest rate will be the same as the rate prescribed on the renewal date)

CDIC Deposit Protection:           up to CAD 100,000 (CAD only)

 

A.        Shinhan Short-term GIC (Non-redeemable)

• Guaranteed high interest rates even for short-term deposit • Effective periodic management of spare funds • 100% guaranteed on Principal and Interest

 

Terms:                                  30 days to 1 year (on a daily basis)

Interest Payment:           The interest rate is applied according to the term and investment amount

 

B.        Shinhan Long-term GIC (Non-redeemable)

• Monthly interest-receivables after lump-sum deposit • Guaranteed stable profit through fixed interest rate

Terms:                                  1 year to 5 years (on a monthly basis)

Interest Payment:           Simple interest rate is applied according to the term and investment amount.

Interest paid on monthly basis

 

* For further details, please contact one of our branch nearest by you! Thank you!