Bangkok, BAAC increases savings benefits with "UP LEVEL deposits". Minimum deposit 50,000 baht, receive interest up to 8.88% per year. Mr. Chatchai Sirilai, Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC), revealed that BAAC has launched the product "UP LEVEL Deposit" to increase benefits for those who love to save continuously. Accepting a minimum deposit of 50,000 baht for a period of 10 months, receiving a stepped interest rate of up to 8.88 percent per year, averaging 2.05 percent per year, dividing the interest rate into 3 periods, including period 1 from February 16, 2024 to September 15, 2024 ( Period of 7 months) 1.18 percent per year, period 2 from 16 September 2024 to 15 November 2024 (period of 2 months) 1.68 percent per year, and period 3 from 16 November 2024 to 15 December 2024 (1 month period) 8.88 percent per year. Those interested can open an account and deposit a minimum of 50,000 baht at a time from February 16 - March 15, 2024. Depositors who withdraw some money or close their accounts before the maturity date The bank charges a fee of 1 percent of the principal withdrawn. Minimum 500 baht per time. Ask for more details at all BAAC branches nationwide or Call center 02 555 0555. Source: Thai News Agency