Flexibility to choose the TD’s tenor and frequency as follows: (Month, 2 Months, 3 Months, 6 Months, Year )
Interest rate determined based on the amount and tenor as per the bank’s policy
Can be renewed at maturity for the same period of time according to the published interest rate at the time of renewal unless the customer instructed otherwise.
Flexibility to choose the TD’s tenor and frequency as follows: (Month, 2 Months, 3 Months, 6 Months, Year )
Interest rate determined based on the amount and tenor as per the bank’s policy
Overdraft Facility up to 90% from TD amount
Can be renewed at maturity for the same period of time according to the published interest rate at the time of renewal unless the customer instructed otherwise.
TD minimum balance 5000$ and incremental of 1000$
Penalty:
Allowed after one month upon TD issuance
The interest will be calculated based on the Actual Days (before redemption) and will deduct the rest of period without any redemption fees.