deem
High Yield Deposit

• Choose a tenor of your choice and ear more with rates as high as 7%* per annum.
• Range of flexible deposit period 1 to 12 months.
• Avail loan against the deposit on short notice period.
• Dedicated relationship manager to stay up to date on all fronts when it comes to your deposits.

*Terms & Conditions apply

Trade license, KYC of all shareholders, application form filled, MOA and amendments if any, board resolution/POA (power of attorney) if any, and CRS (common reporting standards) forms.

Deem’s High Yield Deposit, refer to fixed-term deposits made by corporations or businesses. These deposits are specifically designed for corporate entities.

Here are some key points about Deem’s High Yield Deposit:

Purpose: High Yield Deposits are typically made by businesses to earn interest on their surplus funds. These deposits provide an avenue for companies to park their excess cash for a fixed period, usually ranging from a few months to a few years, in order to generate returns.

Interest Rates: Now corporates can invest smartly with Deem's secure & flexible deposit options. With rates as high as 7%* p.a. and maximize the returns on their business savings. The interest rates may vary based on factors such as the deposit amount, tenure and prevailing market conditions. 

Tenure: Deem's High Yield Deposits have fixed tenures, meaning the funds are locked in for a specific duration. The tenure is agreed upon at the time of deposit placement. Deem currently offers flexible deposit period from 1 to 12 months.

Minimum Deposit Amount: Financial institutions usually set a minimum deposit amount requirement for corporate deposits. However, corporates can also avail loan against the deposit on a short notice period.

It's important for corporate entities to thoroughly evaluate the terms and conditions, interest rates, reputation, and safety of the financial institution before placing corporate deposits. Consulting with financial advisors or treasury professionals can help businesses make informed decisions based on their specific financial goals and risk tolerance.

 *Terms & Conditions apply.