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Vibor Term Deposit

The Vibor Term Deposit is a fixed term account ideal for individuals and organizations who would like to apportion some of their savings for a fixed term and secure a definite return.

Who can open? All individuals and institutions

Interest rate - Click here for interest rate

Other features - Can have a demand loan or O/D Limit for a sum equivalent to the Present Value of the Cash Flow under the deposit discounted at deposit rate +2% or 9% whichever is higher (Normally it is upto 90% of the deposit)


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