FLEXI Time Deposit Is a Flexible Fixed-Term Deposit with Competitive Returns

FLEXI Time Deposit is a fixed-term deposit product from Bank Neo Commerce that offers competitive interest rates and allows early withdrawal without principal penalty. The product is available in the neobank application and is designed for customers who need flexibility in managing their funds.

What Is FLEXI Time Deposit?

FLEXI Time Deposit is a fixed-term deposit with daily interest calculation and flexible early withdrawal options.

This product is suitable for you if you:

• Want to manage funds within a specific time period

• Have a conservative risk profile

Key Characteristics:

• Minimum placement starting from Rp100,000

• Multiples of Rp100,000

• Competitive interest rates

• No maximum placement limit

• Interest paid at maturity

• Rollover option available

FLEXI Time Deposit Options in neobank (Current Period)

Interest rate information as of February 24, 2026.

Visit https://s.id/igdepositoflexi for more details about FLEXI Time Deposit interest rates. Rates for new placements may change according to bank policy.

Can FLEXI Time Deposit Be Withdrawn Before Maturity?

Yes, FLEXI Time Deposit can be withdrawn before the maturity date.

Terms:

• The bank does not charge a principal penalty.

• Interest is paid according to the applicable early withdrawal interest rate on the withdrawal date.

• If withdrawn before maturity, the applicable running interest is 2% per year.

This means customers still earn interest according to product terms even if funds are withdrawn early.

FLEXI Time Deposit Interest Calculation Rules

• Interest starts accruing from the first day of placement

• Interest is calculated daily

• Tenor options: 1, 3, 6, and 12 months

• Interest is paid at maturity

• Principal + interest can be withdrawn or rolled over after maturity

FLEXI Time Deposit Transaction Fees

There are no transaction fees for placing FLEXI Time Deposit.

Customers can open and manage deposits directly through the application without placement administration fees.

FLEXI Time Deposit Withdrawal Simulation

Deposits can be withdrawn according to product terms.

1. Interest Calculation at Maturity

Example:
3-month deposit of Rp10,000,000 with 6.25% annual interest

Gross Interest = Principal × Interest Rate × (Days / 365)

≈ 10,000,000 × 0.0625 × (90 / 365)
≈ 625,000 × 0.246575
≈ Rp154,109

Interest Tax (20%) = Rp30,822

Net Interest = Rp123,287

2. Interest Calculation for Early Withdrawal

Example:
3-month deposit of Rp10,000,000 withdrawn early with 2% annual interest

Gross Interest = 10,000,000 × 0.02 × (90 / 365)

90 / 365 = 0.246575342

0.02 × 0.246575342 = 0.0049315068

10,000,000 × 0.0049315068 = Rp49,315

Interest Tax (20%) ≈ Rp9,863

Net Interest received = Rp49,315 – Rp9,863 = Rp39,452

This simulation is for illustrative purposes only and does not guarantee returns. Interest rates for new placements may change according to bank policy.

Read: Recognize the Wrong Transfer Fraud Mode to Stay Alert 

Is a Time Deposit Suitable for Beginners?

Time deposits are suitable for beginners because the system is simple and the interest rate is fixed at the start.

FLEXI Time Deposit offers additional flexibility for beginners who are not yet comfortable locking funds for too long, while still earning interest if withdrawn before the full tenor period.

What Is the Minimum Deposit Tenor?

For FLEXI Time Deposit, tenors are available from 1 month to 12 months.

Other deposit products in the banking industry may offer tenors starting from 7 days, depending on bank policy.

Important Provisions

• Deposit interest is subject to a 20% tax for deposits above Rp7.5 million, in accordance with applicable tax regulations, and is automatically deducted by the bank. Deposits below Rp7.5 million are not subject to tax.

• Deposits are insured by the Indonesia Deposit Insurance Corporation (LPS) up to Rp2 billion per customer per bank, as long as they meet the insurance requirements.

• Deposits with interest rates above the LPS guaranteed rate are not insured.

FLEXI Time Deposit offers a combination of competitive returns and flexible withdrawal without principal penalty. This product is suitable for customers who want to earn deposit returns while maintaining fund flexibility.

FAQ

1. Can FLEXI Time Deposit be withdrawn anytime?

Yes, it can be withdrawn before maturity without principal penalty. Interest is paid according to the applicable early withdrawal rate.

If withdrawn before maturity, the running interest received is 2% per year.

2. What is the minimum placement for FLEXI Time Deposit?

The minimum placement starts from Rp100,000 in multiples of Rp100,000.

3. Is there any fee to open FLEXI Time Deposit?

There are no transaction fees for deposit placement. Customers can open it directly through the neobank application.

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To explore available products, you can check them through the neobank application on the PlayStore or App Store. For the latest updates, visit https://s.id/igdepositoflexi

Pay attention to the LPS guaranteed interest rate. Deposits with interest rates exceeding the LPS guaranteed rate are not insured. The LPS guaranteed interest rate until May 31, 2026 is 3.50% – https://apps.lps.go.id/BankPesertaLPSRate

PT Bank Neo Commerce Tbk is licensed and supervised by the Financial Services Authority (OJK) and Bank Indonesia (BI), and is a participating bank of the Indonesia Deposit Insurance Corporation (LPS).