Fixed Deposit Account definition

Fixed Deposit Account means an Account bearing a set rate of interest for a fixed term.

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Fixed Deposit Account means a fixed term investment account opened by Sasfin in your name and on your request, where you will not have access to your funds for the fixed term of the investment;

Fixed Deposit Account means the fixed deposit account of the investor mentioned under section 8(3)(b)(i);

Examples of Fixed Deposit Account in a sentence

• Once your deposit is fixed for a term you cannot make additions to your initial deposit amount but you can open more than once Fixed Deposit Account with different maturities.

• We will tell you the applicable interest rate when your Fixed Deposit Account is opened.

• The annual locker rent of ₹ may please be recovered in advance each year by debit to my/ our Account No. I/ We hereby undertake to maintain a deposit of ₹ (as advanced rent for 3 years) with the Bank in Fixed Deposit Account No. till the continuance of the locker facility.

• All the terms and conditions governing the Conventional Fixed Deposit Account, as set out in Part E above shall apply to the Hong ▇▇▇▇▇ Business Flexi FD Account, except for item 6 of the Part E which is modified accordingly as per item 5 below, and the additional item 6 below.

• We reserve the right to decline your application for a Fixed Deposit or to close an already opened Fixed Deposit Account.

More Definitions of Fixed Deposit Account

Fixed Deposit Account means the OAB bank account that is subsidiary to the Scheme Account which will generate returns in accordance with these Terms and Conditions.

Fixed Deposit Account means banking account registered as a fixed deposit account;

Fixed Deposit Account means a fixed deposit account opened, maintained and operated in the name of the Customer, jointly or severally by the Authorized Signatories of the Customer for the purposes of present and/or future utilization of Banking Services.

Fixed Deposit Account means KBZ Bank Fixed Deposit Account or a type of bank Account where deposits are made by a Customer for a specified period of time (“Fixed Deposit tenor”) and withdraws the funds at given maturity date.

Fixed Deposit Account has the meaning given to it under the Account Agreement.

Fixed Deposit Account means an interest-bearing account with the Custodian which is segregated in the books of the Custodian, provided that the Custodian has a short-term unsecured debt rating of at least A-1+ by S&P and P-1 by Moody’s, in the name of the Issuer on terms that funds standing to the credit of such account shall earn such rates as may be agreed from time to time by the Issuer, the Counterparty and the Custodian. For the avoidance of doubt, each Fixed Deposits Account (as defined herein) must meet the criteria in relation to USD cash deposits set out in the definition of Eligible Fixed Deposits.

Fixed Deposit Account means & fixed Deposit Account in any branch of the state Bank of India, State Bank of Patiala, or any other Bank in India functioning as a subsidiary to the State Bank of India or functioning under the supervision or control of Reserve Bank of India.