Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.
Term deposit means a deposit received by the bank for a fixed period and which is withdrawable only after the expiry of the said fixed period and shall also include deposits such as Recurring/Cumulative/Annuity/Reinvestment deposits, Cash Certificates, and so on;
Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits
Examples of Term deposit in a sentence
Term deposit receipt deposited as earnest money, demand draft for cost of bid document and other relevant documents provided by the Bank are authentic.
The Bank shall pay interest to the Client in accordance with the Term deposit conditions.
Amount placed on the Term deposit can be withdrawn by the Client either upon term expiration or before the expiration by mutual agreement between both parties.
Term deposit accounts are fixed-term deposit of money held on an account opened with the Bank.
Term deposit interest rates are decided by the Bank within the general guidelines issued by the Reserve Bank of India from time to time.
More Definitions of Term deposit
Term deposit means each deposit you place with us for a Term, including (without limitation)
Term deposit means money deposited for a fixed period of time.
Term deposit has the meaning given in the Funding and Distribution Policy.
Term deposit means a deposit of money with a financial institution for a specified period, or for a specified period and then at call, in relation to which deposit the financial institution, instead of crediting a current account kept by the financial institution, issues a certificate of deposit or similar record of deposit;
Term deposit means a interest bearing deposit received by the bank for a fixed period and shall also include deposits such as Recurring /Cumulative
Term deposit means a deposit which is withdrawable after the expiry of a fixed period and includes deposits such as recurring deposit, cumulative deposit, annuity deposit, reinvestment deposit and cash certificate.