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1.        What is the 90/10 Fixed Deposit?
It is a deposit structure where 90% of your funds earn fixed interest, while the remaining 10% is blocked for one year without earning interest.
Typically, the interest rate offered on the one-year Fixed Deposit portion is higher than standard short-term deposit rates, making the overall structure more attractive.

2.       Do I earn interest on the full amount?
No. Interest is earned only on 90% of the deposit.
The remaining 10% does not earn interest. However, due to the structure, the overall blended return is typically higher than standard short-term deposit rates.

3.       Is this an investment product?
No. This is a fixed deposit product with no market or investment risk.

4.      Can I access the blocked 10% amount?
The blocked portion cannot be accessed during the 12-month period.
It may only be released by the Bank if the Fixed Deposit is broken, in line with the applicable terms and conditions.

5.       What happens at maturity?
The Fixed Deposit is handled according to standard deposit terms, and the blocked amount is released after the completion of the blocking period.

6.       Can I break the deposit early?
Yes, but early withdrawal is subject to the Bank's applicable terms, conditions, and penalties.

7.       How is the interest paid on the Fixed Deposit?
Interest is paid on the 90% Fixed Deposit portion in accordance with standard Fixed Deposit terms, either at maturity or as per agreed payout frequency.

8.      Will the interest rate change during the deposit tenor?
No. Once placed, the interest rate on the Fixed Deposit portion remains fixed for the agreed tenor.

9.       Is the blended return guaranteed?
The interest rate on the Fixed Deposit portion is guaranteed for its tenor; however, the blended return reflects the product structure and does not apply to the blocked 10%.

10.    Why is 10% of the deposit blocked?
The blocked portion is a product requirement designed to enable a higher fixed interest rate on the remaining 90%, in line with the Bank's internal policies.

11.     What happens to the blocked Fixed deposit amount after 12 months?
After the 12-month blocking period, the blocked amount is automatically renewed at the Bank's prevailing applicable deposit rate, unless the customer has provided prior instructions on how the funds should be handled.

12.    What happens to the blocked 10%  amount after 12 months?
After completion of the 12-month blocking period, the blocked amount is released and becomes fully available to the customer.

13.    What happens if I need funds urgently before maturity?
Early termination is subject to the Bank's terms and conditions, including revised interest rates or penalties. Release of the blocked portion requires Bank approval.

14.    Are there any exceptions for early release of the blocked amount?
Any early or exceptional release is at the Bank's sole discretion and subject to internal approvals.

15.    Can I take a loan or overdraft against this deposit?
The blocked portion cannot be used as collateral. The Fixed Deposit portion may be considered for facilities, subject to the Bank's credit policies.

16.    Can I give standing instructions for maturity?
Yes. Customers may provide standing instructions for renewal, rollover, or payout at maturity.

17.    Is this product covered by deposit protection or guarantees?
The deposit is treated as a standard bank deposit and is subject to applicable regulatory protections.

18.    How is this different from a normal Fixed Deposit?
Unlike a standard Fixed Deposit where 100% earns interest, this structure allows customers to earn a higher rate on 90% of their funds by blocking 10% for a defined period.​

19. Who is this product most suitable for?
It is ideal for customers seeking predictable returns, short-term placement of surplus funds, and no exposure to market or investment risk.