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Basic Banking Account
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Basic, packed with value
Basic like saving deposit with much more sufficiency.
Deposit, withdrawal, money transfer
Earn interest every day!
Interest credited to your account every June and December.
Bill payments with your savings account.
Apply for Direct Debit.
Account Details
- Interest is calculated daily and credited to the account every June and December
- Deposit, withdrawal, money transfer and bill payment can be made at K PLUS, K-Cyber, K-ATM and any KBank branches
Open an Account
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- No minimum deposit amount is required for account opening
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| Qualifications |
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- Individual of Thai nationality, age 65 years or older as of the deposit date, or the Depositor participating in the government’s welfare scheme
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| Required Documents |
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Individuals- National ID Card (Smart Card)
- Other National ID Card (Not Smart Card), together with a copy of 2 documents; copy of house registration, copy of driving license, copy of government servant / state enterprise employee card or copy of passport)
- Government welfare document(if any), please check Government Welfare member status and print document via https://govwelfare.cgd.go.th/welfare/check
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Deposit product fact sheet
Additional Services
Convenient. Safe. Worryfree.
Frequently Asked Questions
What is Basic Banking Account ?
Basic banking account is provided to support the government’s strategy of financial inclusion and they enable the financially vulnerable to utilize banking facilities. It is basically savings account.
Why Basic Banking Account ?
- No minimum deposit amount is required for account opening
- No account maintenance fee is collected for a basic banking account, except when its status is changed to that of a savings account
Can existing depositors open Basic Banking Account ?
Existing depositors can open Basic Banking Account if they are eligible for the conditions.
Can Basic Banking Account depositors of other banks open Basic Banking Account at KBank ?
Yes. 1 depositor can open Basic Banking Account per account per bank.
Is interest earned on a Basic Banking Account subject to taxes ?
Annual earned interest on savings accounts up to 20,000 Baht is tax-exempt. If annual earned interest exceeds 20,000 Baht, total earned interest is subject to 15% withholding tax.
