Government Savings Bank Launches New Deposit Products

On August 3, 2026, Prachachat Business reported that the Government Savings Bank (GSB) of Thailand has launched two distinct savings options to encourage financial stability among the public. According to GSB Director Vitai Ratanakorn, the bank is now offering a '5-Year Special Savings Lottery' which provides customers with the opportunity to win prizes twice per month.

Additionally, the bank introduced the 'Aom Suk' savings account, a three-year product that pays interest on a monthly basis. The bank states that this account offers an interest rate equivalent to 1.52% per annum for fixed deposits, with the added benefit of being tax-exempt.

For residents and expatriates living in Thailand, these products represent new options for managing local currency savings with government-backed security. While these accounts are designed to provide stable returns, potential depositors should note that specific terms and conditions regarding minimum deposit amounts and withdrawal penalties were not detailed in the initial announcement. Interested individuals should visit a local GSB branch or the official bank website to confirm eligibility requirements and the full scope of the prize structures for the lottery bonds before committing funds. As with all financial products, it is recommended to review the official documentation to ensure the terms align with individual financial goals.