FMD 24 Mth Int Monthly
Term DepositsData Sharing Status
Farm Management Deposit Accounts (FMDA's) are available for terms from 3-24 months. This product allows members to lock funds away for the agreed period, at the agreed rate with options for earned interest to be paid monthly, annually or at maturity.
- Fixed rate
- 4%
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Fixed | 4% | — | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early Redemption Fee Calculated as follows: Principal x (Early Redemption Rate of 2%) x (days invested/365) | Withdrawal | 2% of interest accrued |
Eligibility
- Business customersFor further information on FMDA eligibility criteria and conditions refer to the Australian Government Department of Agriculture and Water Resources and also the Australian Taxation Office
Constraints
- Minimum balance — $1,000.00
More Information
Published by Queensland Country Bank under the Consumer Data Right · Last updated 16 July 2026 · Product ID 73 · View on CDR.gov.au