See how much interest you can earn. Try out our term deposit and saver interest rate calculator.


Term Deposit

Our Term Deposits give you peace of mind with the security of a high fixed interest rate and the flexibility to choose from 3, 6 or 12 month terms.

Lock away your hard earned money for a set period while waiting for that special purchase or saving for an important future event. Term Deposits are also available for Business and DIY Super applicants.

Applying is fast and easy, with our online and completely paperless application*.

With no monthly account keeping fees, you don’t have to worry about your original investment losing any value. Interest is calculated daily on the closing balance and paid upon deposit maturity.

Deposits with Rural Bank are covered by the Financial Claims Scheme.
(formerly referred to as the Government Deposit Guarantee)

Start right now with a small minimum investment of $500 and get your money working for you right away. Opening deposits can be made by direct debit, transferring funds electronically to your new account once established (we will email your account details) or by posting a cheque.

Need more information? View our Term Deposit Frequently Asked Questions.

How to apply: Our online application only takes minutes and is completely paperless* (i.e. there are no forms to sign or submit). Learn more or APPLY now.

Learn more about regular payments.

*Completely paperless - For applicants who satisfy the requirements for online identity verification.

**Combined value of Rural Bank ONE Term Deposit and/or Rural Bank ONE Saver accounts (whether individual or joint) cannot exceed $2,000,000 unless agreed to by Rural Bank.

Disclaimer - Interest rates quoted are subject to change without notice. This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. Terms, conditions, fees, charges may apply. Full details are available on application or by phoning our Customer Service Centre on 1300 660 115, online at, or by visiting your local branch. All information is subject to change. Products are issued by Rural Bank - A Division of Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL/Australian Credit Licence 237879, PO Box 3660 Rundle Mall, SA 5000.

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© Rural Bank - A Division of Bendigo and Adelaide Bank Limited
ABN 11 068 049 178 | AFSL/Australian Credit Licence 237879