FEES & CHARGES
FEE DESCRIPTION
Amount
Term Deposit (Applies to all Retail & Wholesale deposits including Investor
Return and Insurer Term Deposits)
Minimum Opening Balance
$500.00
Break Fee (Premature Withdrawal)
$50 each request
By transfer to HFC
Account - Free
Maturity Withdrawal
Early Termination Rate (Upon Premature Withdrawal)
Through Bank Cheque $10.00 plus stamp duty
on bank cheque
Based on actual term
invested at the prevailing
interest rate at the time of
investment. This will be
a reduced rate applicable
to the actual term of your
investment.
Grow your
wealth with a
HFC Bank
Term Deposit!
This product brochure to be read in conjunction with HFC Bank's
Disclosure of Fees and Charges Brochures for other applicable fees.
Your complete
banking solution!
Product Packaging options also available to customers
Retail Banking Facilities
Commercial Loans
Personal Loan
Motor Vehicle Loans
Asset Finance
Mortgage Protection Insurance
All HomeSure Insurance products with Tower Insurance
Medical/Health Insurance with FijiCare Insurance Limited
Funeral Insurance Policy
Term Deposit
Term Saver
Call or email us today.
Our dedicated banking specialists
are available to help you!
HEAD OFFICE
HFC Centre 371
Victoria Parade, Suva.
PO Box 161 Suva.
Phone: 3316555
Fax: 3304171
Mobile short code: 5500
LAUTOKA
163 Vitogo Parade.
PO Box 3984 Lautoka.
Phone: 6663366
Fax: 6662004
Mobile short code: 5501
SUVA
Ground Floor, HFC Centre
371 Victoria Parade.
PO Box 161 Suva.
Phone: 3316555
Fax: 3316377
Mobile short code: 5500
NADI
Queens Road, Namaka
PO Box 9449 Nadi Airport
Phone: 6721257
Fax: 6721258
Mobile short code: 5502
NAKASI
Shop 11 Tebara Plaza
PO Box 8207, Nakasi
Phone: 3410055
Fax: 3410056
Mobile short code: 5504
LABASA
Main Street
PO Box 3120 Labasa
Phone: 8814188
Fax: 8814377
Mobile short code: 5503
DOWNTOWN BOULEVARD
Shop 1 Downtown Boulevard,
Ellery Street, Suva PO Box 161, Suva
Phone: 3304611
Fax: 3304612
Mobile short code: 5515
Deposit
A Term
savings
product
to suit everyone
Rates effective March, 2014.
Fees, charges and interest rates are subject to change. In such cases,
30 days prior notice would be given for any changes.
Print date: May 2014
email: info@hfc.com.fj
www.hfc.com.fj
To B e F i j i ’s B a nk o f C h oi c e by S e rv i n g o u r P e o p l e
w i t h I nnovat i ve F i na nc i a l S o lu t i o n s a n d B e y o n d
TERM DEPOSIT
WITH RETURN
TERM DEPOSIT
WITH insurance
TERM DEPOSIT
Retail
Investor Return Deposit (IRD) is a Term Deposit package
for those looking at investments that gives guaranteed
"returns" not "interest". This product provides returns
based on an agreed profit sharing ratio as per contractual
agreement.
Insure Term Deposit is targeted at those who are looking
for investments that offer a guaranteed return while at the
same time, providing a value added insurance package to
give extra comfort for immediate need in case of loss.
This Term Deposit package provides a fixed rate of return
for a fixed period.
This discipline of investing gives more comfort similar to term deposit,
looking at those savers who wish to earn more than what is kept in
savings and cheque accounts.
OPENING DEPOSIT
Minimum deposit amount of $500 and upto a maximum of $250,000.
rate of return
Customers receive 89% of profit and HFC gets 11% of the funds
invested.
special features & benefits
1. Attractive deposit rate of return.
2. Guaranteed return.
3. Survivor nomination provision.
4. Funds can be used to secure loans at 25% discount establishment
fee.
Profit Sharing Ratio
(PRS) subject to
Review on 30th June
of each year
Term
12 months CustomerHFC
89%
11%
Proposed
Total Rate
of Return
(based
margin)
subject to
Review on
30th June of
each year
Anticipated
Cost to
HFC same
as Interest
rate of
Term
Deposit
Rate*
3.13%
* Nominal & effective.
** Insurance Policy provided through FijiCare Insurance Ltd.
OPENING DEPOSIT
Minimum deposit amount of $500 and upto a maximum of $250,000.
special features & benefits
1. Attractive Deposit Interest Rate;
2. Insurance payout within 48 hours against the death notification;
3. The return is guaranteed;
4. Complete peace of mind;
5. Survivor nomination provisions;
6. Can be pledged as collateral for borrowing at 25% discounted
establishment fee;
7. Insurance cover for a sum of up to $5,000 as per premium**.
This product is designed to be offered on fixed term of 12, 24, 36, 48
and 60 months from fixed sum insure deposit against a premium of $50,
which will cover $5,000 per person (maximum cover). If in case it is
a joint account with two customers, the options are (1) Multiple Cover
for both customers covered for $5,000 each at premium of $100 or (2)
Proportionate Cover at premium of $50 where in case of untimely demise
of either of the customer 50% i.e. $2,500 is paid to the beneficiary.
TERMCURRENT RATE* HFC PREMIUM PER
PERSON PER ANNUM
OPENING DEPOSIT
Minimum deposit amount of $500 and upto a maximum of $250,000.
Benefits
Interest can be paid on a number of frequencies like monthly,
quarterly, six-monthly, yearly and maturity.
FEES & CHARGES
Requests for redemption of a Term Deposit will incur a non-refundable
break fee of $50.00 and interest is paid at carded rates; which could
result in loss of some or all interest earned since the lodgment of the
deposits.
special features & benefits
1. Attractive higher interest rates.
2. Guaranteed return.
3. Survivor nomination provision.
4. Funds can be used to secure loans at 25% discount establishment
fee.
Retail ($500 to $250,000)
Term
Interest Rates*
12 months 2.75% p.a.
$50
12 months 2.75% p.a.
24 months
3.35% p.a.
$50
24 months
3.35% p.a.
36 months
3.55% p.a.
$50
36 months
3.55% p.a.
Rate*
48 months
3.55% p.a.
$50
48 months
3.55% p.a.
2.80%
60 months
3.55% p.a.
$50
60 months
3.55% p.a.
Rates effective March, 2014. Fees, charges and interest rates are subject to change. In such cases, 30 days prior notice would be given for any changes.
For general terms & conditions please consult a HFC Bank Business/Personal Finance Executive.