TIO is owned by the Northern Territory Government and is the Territory’s own provider of insurance and banking products and services. Residents have access to a full range of everyday savings accounts, loans, financial planning, fixed investments, business and personal finance as well as business insurance.
Product Details
- Company
-
- Nominal Rate
- 5.2%
- Effective Rate
- 5.3%
- Payment Frequency
- At Maturity
- Maturity Alert
-
- Partial Withdrawal Penalty
- No
- Compounding Interest
- No
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal n
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
RateCity