Dollar Plus Time Deposit
Customer Eligibility: Individuals and corporates
Currency: USD only
Minimum issuance balance: USD 1000 and incremental of USD 1000
Interest rate: 4.25% Monthly
Tenor: 1 years
Facilities: Eligible up to 80% against the TDs with 2% over the applied rates.
|
Redemption |
Eligible
after 1 month |
|
Redemption rate |
Interest
will be calculated based on the actual month (before redemption) on the rack
rate for time deposit |