Fixed Deposit Account definition

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

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.

  • Bank deposit with finite maturity period is Fixed Deposit Account.

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

  • Hence, Janata Bank Ltd offers a high interest rate in Fixed Deposit Account.

  • In the case of Fixed Deposit Account, the bank needs not hold a cash reserve to repay money to the customers.


More Definitions of Fixed Deposit Account

Fixed Deposit Account means banking account registered as a fixed deposit account;
Fixed Deposit Account means the fixed deposit account of the investor mentioned under section 8(3)(b)(i);
Fixed Deposit Account has the meaning given to it under the Account Agreement.
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.
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 means a Finance Account designated by SIF as a "Fixed Deposit Account" (or as may be renamed by SIF from time to time);
Fixed Deposit Account means a Fixed Deposit Account in any branch of State Bank of India, State Bank of Patiala or any other Bank in India functioning as