With the security of a competitive fixed interest rate and a choice of terms, a Rural Bank Term Deposit will see your money grow.
Important information
Rural Bank products will be transitioned to equivalent Bendigo Bank products on 14 March 2025. While many things are staying the same (e.g. account numbers), there will be some changes. A description of the changes is available in the product variation notices.
Please note: Rural Bank products are no longer available for sale ahead of the transition to Bendigo Bank products.
Features of our Term Deposit Account
Competitive fixed interest rates.
Different fixed terms to suit your needs starting from one month.
Protected by the Financial Claims Scheme guarantee on deposits provision.
No set up or ongoing fees.
Invest any amount from $500.
Interest rates calculated daily and paid monthly, quarterly, annually or on maturity.
Flexible interest payment options including reinvesting to your term deposit.
Available for personal and business customers.
A choice of a self managed Rural Bank ONE (online) or a Staff Assisted (in branch/phone) Term Deposit.
Interest rates (in branch/phone)
Short term deposit - 1 to 9 months
| Period | $500 - $4,999 |
$5,000 - $24,999 |
$25,000 - $49,999 |
$50,000 - $149,999 |
$150,000 - $500,000 |
$500,000+ |
|---|---|---|---|---|---|---|
| 1 month | 0.05% p.a. | 1.25% p.a. | 1.25% p.a. | 1.25% p.a. | 1.25% p.a. | Please call 1800 644 824 |
| 2 months | 0.05% p.a. | 1.50% p.a. | 1.50% p.a. | 1.50% p.a. | 1.50% p.a. | |
| 3 months | 0.05% p.a. | 3.50% p.a. | 3.50% p.a. | 3.50% p.a. | 3.50% p.a. | |
| 4 months | 0.05% p.a. | 4.00% p.a. | 4.00% p.a. | 4.00% p.a. | 4.00% p.a. | |
| 5 months | 0.05% p.a. | 4.00% p.a. | 4.00% p.a. | 4.00% p.a. | 4.00% p.a. | |
| 6 months | 0.10% p.a. | 4.30% p.a. | 4.30% p.a. | 4.30% p.a. | 4.30% p.a. | |
| 9 months | 0.10% p.a. | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. |
Interest rates quoted on a per annum basis and are subject to change without notice. Interest is calculated daily and paid or credited as specified. Exact term in months or maturity date must be specified when applying for Term Deposits.
Long term deposit (1 to 5 years) - Interest paid yearly
| Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |
|---|---|---|---|---|---|---|
| 1 year | 0.15% p.a. | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. | 4.20% p.a. | Please call 1800 644 824 |
| 2 years | 0.15% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | |
| 3 years | 0.15% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | |
| 4 years | 0.15% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | |
| 5 years | 0.15% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. | 3.30% p.a. |
Interest rates quoted on a per annum basis and are subject to change without notice. Interest is calculated daily and paid or credited as specified. Exact term in months or maturity date must be specified when applying for Term Deposits.
Long term deposit (1 to 5 years) - Interest paid quarterly
| Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |
|---|---|---|---|---|---|---|
| 1 year | 0.15% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. | Please call 1800 644 824 |
| 2 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 3 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 4 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 5 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. |
Interest rates quoted on a per annum basis and are subject to change without notice. Interest is calculated daily and paid or credited as specified. Exact term in months or maturity date must be specified when applying for Term Deposits.
Long term deposit (1 to 5 years) - Interest paid monthly
| Period | $500 - $4,999 | $5,000 - $24,999 | $25,000 - $49,999 | $50,000 - $149,999 | $150,000 - $500,000 | $500,000+ |
|---|---|---|---|---|---|---|
| 1 year | 0.15% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. | 4.15% p.a. | Please call 1800 644 824 |
| 2 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 3 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 4 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | |
| 5 years | 0.15% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. | 3.25% p.a. |
Interest rates quoted on a per annum basis and are subject to change without notice. Interest is calculated daily and paid or credited as specified. Exact term in months or maturity date must be specified when applying for Term Deposits.
Important information
Things you should know
Interest rates quoted are subject to change without notice. Information is subject to change. Terms, conditions, fees and charges apply and are available by phoning our Customer Service Team on 1300 660 115, or by contacting your local branch.
