What is the time period for your deposit certificate of deposit?
Durations include 3, 6, 9, 12, 15, 18, 24, 36, 48, and 60-month periods. Once you reach the maturity date at the end of the term, you can access your funds penalty-free. Principal: This is the amount you agree to deposit with your financial institution to open a CD.
CD terms typically range from three months to five years. The trick is to find a CD with the right maturity date for you. If your term's too short, you might miss out on a higher rate available for another term. If your term's too long, you may need the money prematurely and pay an early withdrawal penalty to get it.
Maturity Period: A Certificate of Deposit issued by the commercial banks can have maturity period ranging from 7 days to 1 year. For financial institutions, it ranges is from 1 year to 3 years. Minimum amount to be deposited is Rs. 1 Lakh.
A time deposit is an interest-bearing bank account that has a date of maturity, such as a certificate of deposit (CD). The money in a time deposit must be held for the fixed term to receive the interest in full. Typically, the longer the term, the higher the interest rate that the depositor receives.
This is the time deposit, commonly known as a certificate of deposit (CD). A time deposit is a bank account that takes in an amount of cash that will bear interest with a pre-set maturity date. It pays a higher interest rate compared to a regular savings account.
Whether a short-term or long-term CD makes more money depends on the interest rate and annual percentage yield (APY). Generally, CDs with longer terms tend to offer savers higher interest rates and APYs, though banks may offer special promotional CDs with higher rates and shorter terms.
CDs come in varying terms and may require different minimum balances. The most common terms are three months to five years, though they can be as short as a month or as long as 10 years.
Group | 12 | Melting point |
---|---|---|
Period | 5 | Boiling point |
Block | d | Density (g cm−3) |
Atomic number | 48 | Relative atomic mass |
State at 20°C | Solid | Key isotopes |
BD = Big Deed/Baby Dance — AKA sex. BFN = Big Fat Negative – A negative result on a pregnancy test. BFP = Big Fat Positive – A positive result on a pregnancy test. CD = Cycle Day – The first day of your period. CF = Cervical Fluid or CM for Cervical Mucus – Women can check their discharge to indicate ovulation periods.
A prescription for a Controlled Drug in Schedules 2, 3, or 4 is valid for 28 days after the date stated thereon (the prescriber may forward-date the prescription; the start date may also be specified in the body of the prescription).
What is the minimum term for a CD?
You can select from standard fixed rate terms of 3, 6, or 12 months, or select from available Special Fixed Rate CD term(s) online. To select other standard fixed rate terms, up to 120 months, please visit a branch.
To invest in a certificate of deposit account, the minimum investment required is ₹100,000. However, some financial institutions may charge higher or lower amounts as a minimum investment as per their policy.

Choose from multiple options: 7 month to 37 month. Choose any term: 28 days to 10 years.
What is a time deposit account? A time deposit account rewards you with a higher interest rate for keeping your money locked in with the bank for a fixed term. Banks offer various time deposit terms, ranging from overnight to 364 days for short-term time deposits, and over one year for long-term time deposits.
A $1,000 CD deposit makes $50 of interest in a year if the account pays 5% APY. The CD's total balance would be $1,050 at maturity.
A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on money held for an agreed-upon period of time. The best CD rates are usually higher than savings accounts, but you lose withdrawal flexibility. If you withdraw your CD funds early, you'll be charged a penalty.
When inflation is high, the government raises rates to deter borrowers from taking loans in an effort to reduce spending. The current price of goods might skyrocket by the time the borrower pays it back. This will reduce the lender's purchasing power. When the demand for credit is high, so are interest rates.
If you put $500 in a CD for five years, how much would you make? This depends on the CD rate. A five-year CD at a competitive online bank could have a rate of 4.00% APY, which would earn around $108 in interest in five years. A five-year CD with a 1% rate would earn about $26.
For audio CDs, the maximum length for audio is 79 minutes and 59 seconds.
If you want a return on your cash but don't want to lock up your money for more than one month, there's technically nothing wrong with a one-month CD. You'll earn interest and your funds are insured. But there are better options. High-yield savings accounts are paying near (or over) 5% APY.
What's the longest CD term?
Vio Bank is an online-only bank that offers CDs and a high-yield savings account with competitive rates. CD terms range from six months to 10 years.
Definition of CD Maturity
Typically, CD terms range from three months to five years (although some banks offer shorter or longer terms). Generally speaking, the longer the CD term, the higher the interest rate the account earns. Not all CDs penalize early withdrawals.
One major drawback of a CD is that account holders can't easily access their money if an unanticipated need arises. They typically have to pay a penalty for early withdrawals, which can eat up interest and can even result in the loss of principal.
How much interest would you make on a $5,000 CD? We estimate that a $5,000 CD deposit can make roughly $25 to $275 in interest after one year. In comparison, a $10,000 CD deposit makes around $50 to $550 in interest after a year, depending on the bank.
Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactive chemical elements, being the second-lowest in the reactivity series.