Term Deposits definition

Term Deposits means investment of the customer’s deposit by the Bank in respect of and against term/fixed deposits by the Customers.
Term Deposits means funds placed with the Bank for fixed periods at fixed rates or linked to an underlying reference rate or index.;
Term Deposits means (i) in respect of a Term Deposit that is an Interest-Bearing Deposit, funds deposited with the Bank for fixed periods at fixed interest rates or linked to an underlying reference rate or index and (ii) in respect of a Term Deposit that is a Xxxxx’ah Deposit, funds deposited with the Bank for fixed periods in respect of which profit is earned, such profit calculated using a weightage model based upon tenor and average daily balances subject to each such deposit;

Examples of Term Deposits in a sentence

  • To avoid any doubts, in case the Customer settles the payment after the Date of maturity, it shall be similar to the case of withdrawing the deposit before the maturity date according to the provisions of the Deposit Agreement and General Transaction Conditions on Term Deposits.

  • Các Bên cam kết thực hiện đúng các điều khoản quy định tại Thỏa Thuận Tiền Gửi này và Điều Kiện Giao Dịch Chung Về Tiền Gửi Có Kỳ Hạn The Parties commit to strictly comply with the terms specified in this Deposit Agreement and the General Transaction Conditions on Term Deposits.


More Definitions of Term Deposits

Term Deposits means all cash on deposit in banks which cannot be withdrawn on demand.
Term Deposits means fixed term deposits which are available for investment via a fully transactional term deposit platform open to advisers, financial planners and individuals which facilitates the process of investing in fixed term deposits as more particularly described in the service guide for this service and facilitated by Australian Money Market as varied from time to time.
Term Deposits means a deposit received by the Bank for a fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.
Term Deposits means a deposit received by the Bank for a fixed period under certain contract of period & rate of interest with the depositor which are withdrawable only after the expiry of the fixed period which include deposits such as Recurring / Double Benefit Deposits / Short Term Deposits / Fixed Deposits /Monthly Income Certificate /Quarterly Income Certificate etc. Opening of Account and Operation of Deposit Accounts
Term Deposits 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 Quarterly interest Reinvestment Plan (QIRP ), Monthly Income Payout Plan (MIP), Short Term Deposits (SDR), Fixed Deposit Plan (FDR), Recurring Deposits (RD) etc. Presently, the Bank is offering the following types of Time Deposits: -  Short Term Deposit (SDR)  Quarterly Interest Reinvestment Plan (QIRP)  Fixed Deposit (FDR)  Monthly Income Plan (MIP)  Recurring Deposit (RD)  Annapurna Tax Benefit Deposit Scheme (ATBS)  Flexi Quarterly Interest Re -investment Plan  NRE Deposit Account
Term Deposits 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 Deposits/ Flexi Deposits, Term Deposits (TDR)/ Special Term Deposits (STDR) etc.
Term Deposits 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 Deposits/Term Deposits / Special Term Deposits etc. WITHDRAWALS Withdrawals in account can be by way of Cheques, Withdrawal forms, through the use of ATM‟s, by means of electronic transfer through Internet, by use of biometric cards, by giving Standing Instructions to the Bank or through any other means which may come into usage after giving due notice on the Bank‟s web-site. DEPOSITS Deposits in account can be made by way of cash, cheques, electronic transfers, as through any other means which may come into usage after giving due notice on the Bank‟s web-site Account Opening and Operation of Deposit Accounts :