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Products & Services |
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| Fixed Deposit Account |
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| Overview |
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Fixed Deposit (FD) is a placement of funds, which yields interest at a rate, which is fixed for the tenure or duration of placement. |
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| Eligibility |
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Individuals, sole proprietorships, firms, societies, associations, financial institutions, government institutions, business enterprises. |
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| Minimum Deposit / Placement |
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BND1,000 for FD Tenor of 3,6,9,12 months |
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BND5,000 for FD Tenor of 1 month |
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| Tenure |
1 month to 12 months |
| Minimum Balance in account |
N/A |
| Premature Withdrawal |
Where an FD is uplifted before maturity, the following apply: |
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No interest will be paid |
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