How to choose the right time deposit term length.
Start with your target date: when you want the funds back. Pick a tenor that matures near that date.
If you are unsure, consider splitting funds into multiple placements (a ladder) across 35/91/182/364-day terms.
Laddering can reduce reinvestment timing risk and gives you more frequent maturity points.
If you plan to keep saving regularly, auto-renew on shorter tenors may help, but review it periodically.
Quick checklist: confirm the deposit amount, tenor, displayed rate, maturity date, and settlement account before you finalize the placement.
If you are planning multiple goals, consider a ladder across different maturities so you get periodic access to funds without early termination.
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There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form.
