Terms to suit you
With flexible term lengths and attractive rates, you choose how hard you want your money to work.
Fixed term deposits start at $500 and you can choose how you want your interest paid.
Rates
Rates are for deposits from $500 to $2,000,000. For investments over $2,000,000 please contact us. View current term deposit rates
Please note: advertised interest rates may change without notice.
Term deposits are subject to terms and conditions including for early withdrawal. Refer to the Elders Financial Deposit Product Terms and Conditions.
Features and benefits
Your funds are secure
The Financial Claims Scheme is an Australian Government-backed safety net that provides protection to deposit-holders with certain financial institutions. As an Elders Finance customer, you may be protected by this scheme for deposits of up to $250,000 per account holder, per authorised deposit-taking institution (ADI)*.
Start growing your money now
Opening an Elders Finance Term Deposit is easy.
Simply visit your local Elders branch with your ID documents to establish an account, then transfer your funds and watch them grow!
Alternatively, complete the form below and one of Financial Services Managers will contact you.
Important information
Upon maturity, unless you provide us with new instructions, your Term Deposit will automatically roll over for an identical term at the current interest rate applicable to that term. If your funds are renewed for the same fixed term as before, the applicable interest rate may be higher or lower than the interest rate that you received in the previous term. This is because the rates we offer change from time to time. Withdrawal of any funds before the maturity date may be permitted by you giving us at least 31 days notice. If you are experiencing hardship and need to withdraw your funds on less than 31 days notice, please contact us immediately. Alternatively at the end of your term, should you wish to modify your Term Deposit, there is a grace period from 2 calendar days before the maturity date to 7 calendar days after the maturity date. During this grace period, you can withdraw, transfer or modify (such as the amount invested or the length of the term) your term deposit without incurring a fee or any reduction in the return generated.
*The Financial Claims Scheme (FCS) limit of $250,000 applies to the sum of an account holder’s deposits under each Authorised Deposit-taking Institution (ADI) and so includes accounts with any other banking businesses that the ADI may operate under a different name. Auswide Bank is an ADI and is prudentially supervised by the Australian Prudential Regulation Authority (APRA). Auswide Bank is a single banking institution, but may have branding arrangements with other entities (such as Elders). If you have an Elders product as well as a product branded as Auswide Bank Ltd, the combined total of these accounts will be counted towards your $250,000 limit.
Disclaimer: Elders Rural Services Australia Limited ABN 72 004 045 121 Australian Financial Services Licence 237757 (Elders) has entered an arrangement to distribute banking products issued by Auswide Bank Ltd ABN 40 087 652 060 Australian Financial Services Licence 239686 (Auswide Bank). Auswide Bank is a wholly owned subsidiary of MyState Bank Limited ABN 89 067 729 195, part of MyState Limited ABN 26 133 623 962. This information is general in nature and does not consider your personal objectives, financial situation or needs. Before deciding whether to apply for a financial product, you should seek professional advice and consider the relevant Terms and Conditions and Target Market Determination on the Elders website. Elders may receive a commission from Auswide Bank if you successfully apply for a financial product through Elders. For more information on Elders’ relationship with Auswide Bank, please read the Elders Financial Services Guide.
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