Term Deposit Accounts
If you are looking to invest your money over a fixed period of time and earn interest rewards, Demerara Bank’s Term Deposit Account is ideal for you.
Terms & Rates:
- 3 months - 1%
- 6 months - 1.1%
- 12 months - 1.25%
What you need to know:
- The minimum amount required to establish a Term Deposit is $100,000.
- Interest is paid at the end of the term (3, 6 or 12 months).
- Amount can be increased upon maturity.
For more information kindly contact any of our branches convenient to you.