Caution

If you receive any calls (except from BoB Contact Center when you have lodged a concern with them +975 2 349903), SMS and email asking for personal details such as account number or ATM card number, please do not share. Bank of Bhutan will never ask for personal details of clients. It’s all spam.

Notification on ATM Withdrawal Charge

All customers are requested to note that cash withdrawals from other bank’s ATM machines are chargeable @Nu 9/- per withdrawal transaction from the sixth transaction onwards, and is recovered at each month end. This is a common charge across banks and as mandated by the Central Bank.

Enjoy a known rate of return for your choice of term, so you know exactly what your investment will be worth.

ELIGIBILITY

Fixed Deposit Account can be opened by:

  • Any person or institutions/companies having any type of accounts with the Bank can make a Fixed Deposit
  • The Fixed Deposit may also be made for or on behalf of minors under the guardianship of their natural/court appointed guardians
  • By two or more persons in their joint name with operative clause as to “either or survivor” or “anyone or survivor” or “jointly.

INTEREST PAYMENT

The interest payout frequency can be either monthly, quarterly, half-yearly, yearly or on maturity.

REQUIRED DOCUMENTS

EligibilityDocuments Required
1. Individual AccountPhotocopy of a valid
Passport / Citizenship ID Card
Two Passport sized photographs
Legal stamp
2. Non-Bhutanese IndividualWork Permit copy
Passport copy
Legal stamp
Two Passport sized photographs
3. Minor AccountPhotocopy of a valid passport/Citizenship ID Card of parents or guardian
Two Passport sized photographs of the guardian
Minor’s Health Card
4. Institutions/CompaniesCopy of resolution authorizing FD account
Name, Address & Specimen signatures of authorized person operating the account
A written letter of request to issue FD account
Legal stamp, Rubber stamp and Trade License is required to open account for any institution or company

PATIAL WITHDRAWAL OF FIXED DEPOSIT

If a customer wants to premature his fixed deposit, the entire fixed deposit need not be broken and he can premature only the amount he requires.

ACCOUNT CLOSURE

On maturity, the account can be automatically closed or renewed.