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          -           1.25%
  • 12 months       -           1.4%

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.