Term Investments

Term Investments

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Taimi Nounou Term Deposit are deposits lodged for a fixed-term, earning a fixed rate of interest for the agreed term. Any interests earned are liable for income tax. Accordingly, withholding tax, at the appropriate rate, must be deducted by the Bank from the gross amount of interest payable and forwarded to the Inland Revenue Department at the end of each month.

Features at glimpse:

  • The depositor is to nominate the chosen maturity date;
  • Investments will be accepted for less than 12 months;
  • The frequency of interest payment is upon maturity;
  • The Minimum deposit amount is $1,000.

Please ensure that you have read and understood the Terms & Conditions prior to applying for any Deposits.

Open accounts now, do print and bring the following:

  • Print and fill in the Taimi Nounou Term Deposit Application Form
  • Visit your nearest TDB Branch (Forms also available at all Branches)
  • Cash or Bank Cheque payable to TDB
  • Valid Id’s (Passport or combination of any two ID’s, either Driver’s License, National Identification Card, Birth Certificates, other identification card may be accepted)

To find more details:

Do download our Taimi Nounou Term Deposit Brochure to view the rates that best suit you.(Click Here to Download)or simply phone our Treasury Department during business hours on 23 333 from Monday to Friday, 8.30am – 4.30pm. (Closed in Gazetted Public Holidays)


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