Term deposit

 

Meaning of the word: Term deposit

Term deposit is a type of bank account that guarantees the interest rate of the deposit the client. It is concluded for a specified period and at the same time to a specific interest, which may be fixed in nominal terms or according to the current bank interest rates. For the duration of the loan period, the term deposit is closed to any deposit transactions.

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Call centre

The Call Centre is a centralized office where the telephone operators handle phone queries or requirement. Call Center can be part of a company that…

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