- Home
- Term Deposits
- IMB Bank
- Term Deposit
Term Deposit
- 6 months
- Automatic maturity rollover
- Joint application available
Interest rate
1.00%
Maximum rate
2.00%
for 7 months
Term Deposit
- 6 months
- Automatic maturity rollover
- Joint application available
Interest rate
1.00%
Maximum rate
2.00%
for 7 months
RateCity says
"Grow your nest egg with a term deposit from IMB with tiered interest rates based on your balance and automatic maturity rollover."
Pros and Cons
For Term Deposit
Benefits
- Automatic maturity rollover
Drawbacks
- Interest cannot be paid to other institution
IMB Bank Rate Term Deposit overview
For Term Deposit
Features
Min deposit
$1,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
Notice period to withdraw
Is covered by government guarantee
Target Market Determination
Visit IMB Limited to view Target Market Determination.
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Monthly, At Maturity
Interest payment via other institution
Interest payment method
Cheque, Direct Credit, Rollover on maturity
Fees
Account keeping fee
$0