With interest conditions, you define the interest rate applied for deposits with different periods and amounts. To add more interest conditions, click Add new.
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:
When the product is created, the draft page of the deposit product opens. On this page, you can view your configuration and make any changes. Click Update to save the changes. You have the option to clone, delete, or activate the product. The deposit product can only be used with customers after it is activated.
