How maturity works: interest, payout timing, and settlement accounts.
Time deposit interest is commonly earned and credited at maturity, based on the agreed rate, amount, and tenor.
At placement, you typically choose a settlement account where principal and interest will be credited at maturity.
Keep track of the maturity date and instructions: pay-out, roll-over, or manual re-placement.
If your time deposit is set to Auto Renew, confirm the renewal behavior so it matches your plan.
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.
There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form.
There are many variations of passages of Lorem Ipsum available, but the majority have suffered alteration in some form.
