Interest payments on short term deposits will be payable on maturity only. Interest payment on deposits for a term exceeding one year will be either credited or payable quarterly, half yearly or on maturity.
Maturity Options :
At the end of your term, unless we are notified in writing, your deposit will be automatically renewed for the same term but at the interest rate prevailing at the time.
Early withdrawal :
Early redemption of deposits will not be permitted, however, if such request is agreed to by TCFL, a penalty interest will be advised at the time of the transaction.