Term Deposit Account
Earn interest on your balance for a fixed term.
A Fixed Deposit allows you to deposit your money for a set period of time thereby earning you a higher rate of interest.
A Term Deposit allows you to deposit your money for a set period of time thereby earning you a higher rate of interest. Deposit of funds can be for a pre-specified period at a fixed interest rate and you can choose from a range of deposit periods from one week to two years.
You also have the option of an automatic rollover facility upon maturity for the same period of deposit. Penalties will be charged for premature withdrawals.
Go about your daily business, with an account that pays interest upon maturity.
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