Krung Thai Bank offers savings alternative at higher yield, including tax credit under 'KTB Tax Saving Festival' campaign. The Bank has introduced 'KTB Zero Tax' and joined forces with its subsidiaries to reward customers, buying funds and life insurances, with unit trust and a gold necklace.

"Krung Thai Bank held 'KTB Tax Saving Festival' campaign to add deposit and investment choices at year-end. Several financial products giving high returns and tax reduction are provided. One of them is 'KTB Zero Tax' which will help clients allocate their savings on schedule and get the highest benefit." Mr. Prasit Amporn, Executive Vice President, Director, Retail Business and Network Group, Krung Thai Bank PCL. said.

Those who are interested are able to open an account for 'KTB Zero Tax' at any of 930 the Bank's branches nationwide. The same amount of fixed deposit, ranging from 1,000-25,000 baht, must be handed on monthly basis for 24 months, 2.10% interest rate p.a. (24 months fixed deposit interest rate+0.25%), and customers will be exempted from 15% of withholding tax.

Apart from using for annual tax reduction as high as 37%, customers, buying KTAM's RMF and LTF with financial amount of 20,000-1,000,000 baht, will get Krung Thai Sa-Som-Sub (KTSS) Fund worth 200-13,000 baht. Those buying KTB-AXA life insurance which premium worth 20,000-500,000 baht will be rewarded with 50-satangs gold necklaces or baggage.