Up to 1.25% p.a. at call
2.40% p.a. fixed for 3 months
2.50% p.a. fixed for 6 months
2.60% p.a. fixed for 12 months
2.70% p.a. fixed for 24 months
...view all FMD interest rates
A Rural Bank ONE Farm Management Deposit (FMD) is an effective risk management tool that allows primary producers to set aside and earn interest on pre-tax income from profitable years and use it when needed most. This is especially important for rural producers with uneven income streams.
You have a choice of a variable or fixed rate FMD account, or a combination of both, depending on your investment requirements.
FMDs at a glance
|Variable Rate||Fixed Rate|
|Term||At call Deposits must be held for a minimum of 12 months to receive taxation benefits||3, 6, 12 or 24 months|
|Competitive interest rates|
|No account-keeping fees|
|Deposits and withdrawals permitted during term|
|Minimum and maximum balance||
Calculated on closing balance and payable:
The Farm Management Deposit scheme:
Need more information? View our Farm Management Deposit Frequently Asked Questions.
*Completely paperless - For applicants who satisfy the requirements for online identity verification.
Disclaimer - Interest rates quoted are subject to change without notice. Individual circumstances may vary and specialist legislative requirements must be adhered to. You should consult your taxation advisor. Interest rates quoted are subjected to change without notice. This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. Terms, conditions, fees and charges may apply. Full details are available on application or by phoning our Customer Service Centre on 1300 660 115, online at www.ruralbank.com.au, or by visiting your local branch. All information is subject to change. Products are issued by Rural Bank Limited ABN 74 083 938 416 AFSL 238042. Registered office: Level 6, 80 Grenfell Street, Adelaide SA 5000.