Term Deposit
What is a term deposit? With a term deposit, you lock away an amount of money for an agreed length of time (the 'term') – that means you can't access the money until the term is up. In return, you'll get a guaranteed rate of interest for the term you select, so you'll know exactly what the return on your money will be.
| Period Slabs | ROI |
|---|---|
| 1 Day To 45 Days | 0.00% |
| 46 Days To 90 Days | 5.00% |
| 91 Days To 180 Days | 6.00% |
| 181 Days To 364 Days | 6.50% |
| 1 Year To 2 years | 8.00% |
| 2 Year 1 Day above | 7.00% |