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Term Deposit
A term deposit is a type of deposit account held at a financial institution where money is locked up for some set period of time. thease are usually short term deposit with maturities ranging from one month to few year. we deals with following type of term deposit.
| Type of TD | Monthly | Quarterly | Yearly |
|---|---|---|---|
| Below 6 Months | 6.50% | 6.75% | 7.00% |
| 6 Months | 7.50% | 7.75% | 8.00% |
| 1 Year | 9.00% | 9.25% | 9.50% |
| 2 Years | 9.25% | 9.50% | 9.75% |
| 3 Years | 9.50% | 9.75% | 10.00% |