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In all countries, the maturity date depends on what the customer wants. Deposits that are as short as a few days and as long as many years are available with banks. So you can chose say 2 weeks for a deposit or 5 years. It is all up to the customer who is depositing the money. Based on our needs the bank can give us any maturity date we want. However, the shorter the duration, the lesser the interest we earn.
For ex: in India, you can have a deposit for as short as 7 days
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What is the minimum maturity on Certificates of Deposit in India?
7 days
What is the plural of certificate of deposit?
Certificates of deposit.
What is the maturity of certificates of deposit in the US?
In all countries, the maturity date depends on what the customer wants. Deposits that are as short as a few days and as long as many years are available with banks. So you can chose say 2 weeks for a deposit or 5 years. It is all up to the customer who is depositing the money. Based on our needs the bank can give us any maturity date we want. However, the shorter the duration, the lesser the interest we earn.
I want to withdraw the recurring deposit money before maturity?
It is difficult to withdraw a recurring deposit before its maturity. Banks will typically make a person wait one year before withdrawal.
When a CD is cashed before its maturity date the deposit must pay a?
Penalty.
What is the minimum maturity on Certificates of Deposit in India?
7 days
Difference between deposit account and call account?
Fixed Deposit Call Account -There is a fix Maturity -There is no Fix Maturity -Terms of Deposit are generally fixed -Terms Generally Varies -Deposit and withdrals can not be made at - Deposit and Withdrals can be made Any Time at any time
Will you get benefits if you withdraw before the flexi deposit scheme maturity period?
Yes, under flexi deposit option you can withdraw before the maturity period and yet get a portion of profits.
What is the plural of certificate of deposit?
Certificates of deposit.
What are the ratings and certificates for The Deposit - 2010?
The Deposit - 2010 is rated/received certificates of: Australia:M
What is the maturity of certificates of deposit in the US?
In all countries, the maturity date depends on what the customer wants. Deposits that are as short as a few days and as long as many years are available with banks. So you can chose say 2 weeks for a deposit or 5 years. It is all up to the customer who is depositing the money. Based on our needs the bank can give us any maturity date we want. However, the shorter the duration, the lesser the interest we earn.
I want to withdraw the recurring deposit money before maturity?
It is difficult to withdraw a recurring deposit before its maturity. Banks will typically make a person wait one year before withdrawal.
Post office saving scheme recurring deposit maturity chart?
25000
When a CD is cashed before its maturity date the deposit must pay a?
Penalty.
Can a bank choose to close a CD prior to maturity due to risk associated with the deposit?
No. Actually speaking, there are no risks associated with a deposit from the bank side. They already have the money. The only person who should worry about the risk associated with the deposit is the customer who has placed the deposit and he/she can choose to close a CD anytime they want even before the maturity date. Only the customer who opened the CD (not even the bank) can close a CD prior to the maturity date.
Is CD investment risky?
No. CD stands for Certificate of Deposit which is a certificate issued by a bank after they accept the deposit from you. No matter what happens, this money will be returned to you on the date of maturity/completion of this deposit.
A certificate of deposit is best for?
A certificate of deposit is best for savings as they have a fixed interest rate. The drawback is that you should not cash it in until it reaches maturity.
