Fixed Deposit

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  1. Fixed Deposit Calculator
  2. Fixed Deposit Rates
  3. Fixed Deposits
  4. Fixed Deposit Is Taxable
FixedFixed deposit accounts

Fixed Deposit Calculator

Fixed deposit account

Five Year Tax Saving Fixed Deposit Get a combination of two benefits – saving tax while earning interest Save tax under section 80c of the Income Tax Act Invest. Fixed Deposit Calculator Online. A fixed deposit (FD) is a type of term investment offered by several banks and NBFCs. These deposits typically offer a higher rate of interest, subject to certain terms and conditions. The amount you deposit in an FD is locked for a predetermined period which can vary between 7 days and 10 years. Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws. Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.

Fixed Deposit Rates

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Barbados
St. Lucia
St. Vincent and the Grenadines
Trinidad & Tobago

Fixed Deposits

Territories

Fixed Deposit Is Taxable

Enjoy competitive interest rates for your money invested for fixed periods!

With a First Citizens Fixed Deposit Account you can be assured that your money grows safely and soundly.

It means security for you and your family through medium to long- term savings. Invest wisely today by opening a First Citizens Fixed Deposit Account.

TTD Fixed Deposits

  • Terms of 3, 6, 12, 18, 24 and 36 months
  • Minimum opening deposit $1,000
  • Interest Rate Structure Interest rate is paid based on the band of savings as well as the term of the deposit. The deposit bands are as follows:
  • $1,000 - $19,999
  • $20,000 - $99,999
  • $100,000 - $249,999
  • $250,000 - $499,999
  • $500,000 - $999,999
  • Over $1,000,000

USD Fixed Deposits

  • Terms of 30 days, 3, 6 & 12 months
  • Minimum opening deposit of $1,000.00
  • Interest Rate Structure Interest rate is paid based on the band of savings as well as the term of the deposit. The deposit bands are as follows:
    • $1,000 - $74,999
    • $75,000 - $149,999
    • $150,000 - $999,999
    • Over $1,000,000

Additional Benefits

  • Your funds can act as excellent security for a loan you may need
  • You have the ease of automatic renewal of your contract at the end of the period
  • Our free Telebanking Service allows you to perform banking transactions from a touch tone telephone. It saves you valuable time
  • You can also sign up for our free Internet Banking Service to conduct banking transactions from anywhere and at anytime.
  • Our free Mobile Banking Service allows you to access your accounts from a mobile device. You can access account balances, account history, Transfer funds and account alerts all from your mobile phone.

Please note:

The Policy of the Bank concerning the payment of interest on Fixed Deposits broken before maturity is as follows:

  • Less than 3 months - $20 plus no interest
  • More than 3 months - Savings rate, number of days
  • Interest rates and terms of default are subject to change and customers will be advised accordingly


Insured by the DIC Corporation of Trinidad and Tobago. (Up to $125,000)