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What is a Term Deposit?

learn about interest and term deposit bank accounts

With a Fixed Deposit, you can lock your money in your account for a specified period and earn profit share at the end of the term.

Term Options

  • 1 Day: 1% profit share

  • 3 Days: 5% profit share

  • 7 Days: 10% profit share

Investment Limit

You can invest a maximum of 100,000,000 $ in a Fixed Deposit account.

Your invested amount, along with the profit share calculated based on your chosen term, will be transferred to your account at the end of the term.

Example:
If you invest 100,000,000 $ and choose a 7-day term, you will earn 10,000,000 $ profit with a 10% profit share. At the end of the term, a total of 110,000,000 $ will be returned to your account.

Important: If you cancel your investment before the maturity date, you will not earn any profit share. Your principal will be returned to your account.

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