A Certificate of Deposit Account is a Secured Investment option denominated in US Dollars, earning a fixed rate of interest for entire period of deposit.
This is a non- interest bearing account with no restrictions on the number of transactions.
| PERIOD | INTEREST RATE | ANNUAL PERCENTAGE YIELD |
|---|---|---|
| 1 Month and above to less than 3 Months | 0.10 | 0.10 |
| 3 Months and above to less than 6 Months | 0.15 | 0.15 |
| 6 Months and above to less than 1 Year | 0.20 | 0.20 |
| 1 Year and above to less than 2 Years | 0.25 | 0.25 |
| 2 Years and above to less than 3 Years | 0.35 | 0.35 |
| 3 Years and above to less than 5 Years | 0.50 | 0.50 |
| 5 Years and above to less than 10 Years | 0.60 | 0.60 |
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