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Term Deposit

  • Whether you’re in the Defence Force or part of the general community, you can secure your finances today with competitive rates on our Fixed Term Deposits.

    Investments start from as little as $1,000 and you can choose terms of between 30 days and 24 months, depending on your individual circumstances and when you’d like to access your funds.

    Our Term Deposits feature:

    • Get started with as little as $1,000
    • A choice of flexible terms, up to 24 months
    • View your Term Deposit with Online Banking
    • Open as many Term Deposits as you like
    • A number of options available at maturity


    Our Term Deposits are also part of the Government Deposit Guarantee (Financial Claims Scheme). For more information click here.

    Please note these rate offers are only available for individuals on deposits up to $1million.

  • Forms for Defence Bank Term Deposits can be found below.

    Once you've printed and completed any forms, you may return them to us in one of three ways:

    •     By email to: [email protected]
    •     By fax to: (03) 8624 4718
    •     By post to:

    Defence Bank, Business Services
    PO Box 14537
    Melbourne VIC 8001

    Term Deposit Action Form

Call 1800 033 139
BSB 833-205