- Tenor: 6 & 12 months.
- Minimum Opening Balance : 5000$ and incremental of 1000$.
- Customer Eligibility: Individuals and Corporates.
- Interest posting: In the same day of issuing the time deposit.
- Currency: USD only.
- The Drawdown: Must be the current account of the customer with same currency.
- Opening Fees: as per tariff.
- Administration Fees: as per tariff.
- Redemption: Eligible after one month.
- Partial Redemption: is not permitted.
- Secured facilities: is not permitted.
Redemption: Interest will be calculated based on the actual days (before redemption) on the declared rate for time deposit and will deduct the remaining period.