Interest conditions

With interest conditions, you define the interest rate applied for deposits with different periods and amounts. To add more interest conditions, click Add new.

Field name
Type
Descriprion

Min deposit amount*

Number

Enter the minimum deposit amount.

This value must be less than the Max deposit amount.

Max deposit amount (last value excl.)*

Number

Enter the maximum deposit amount.

This value must be greater than the Min deposit amount. The last value is excluded from the range.

Deposit period type*

List

Select the period for the deposit product.

The possible values are:

  • Month

  • Year

Period*

Number

Enter the period for which the deposit is active. For example, 6 months or 3 years, depending on the value selected for the Deposit period type field.

Note: This field is displayed only if the Period selector field is selected as Fixed Period.

Min period*

Number

Enter the minimum period value. This must be less than the Max period.

Max period (last value excl.)*

Number

Enter the maximum period value. This must be greater than the Min period. The last value is excluded from the range.

Default interest rate*

Number

Enter the value of the interest rate applicable for the deposit product.

Min interest rate

Number

Enter the value of the minimum interest rate.

Max interest rate

Number

Enter the value of the maximum interest rate.

Interest payment frequency*

List

Select the interest payment frequency. The possible values:

  • At the end of the period,

  • At the end of the month.

Start date*

Date

Select the start date from the calendar. This cannot be a past date.

End date (last value excl.)

Date

Select the end date from the calendar. This cannot be a past date.

Below you will see the screenshot of the interest conditions section:

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