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  Forum » Doubts and questions » Deposit Date
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pls when is the interest on deposit paid into account.because i noticed that anytime i removed money frm my deposit in bank the interest isnt paid and its being deducted from bank account 26/01/2013 10:18
  - Div/Gr
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its counted once a week, i.e. end of week when you pay weeklies.... you'll get interest on your deposit only once a week,its calculated by each day and interest will be deducted from weekly charges.. 26/01/2013 10:36
  - Div/Gr
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i know it counted weekly thats not my question,for assumptiom if i have 20m in bank and i withdrawn 10m wich have yielded 100 thousand interest that interest isnt paid when i remove it bt it is deducted frm bank acct 26/01/2013 13:17
  - Div/Gr
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Each week, the interest on all your deposits are calculated and paid to your account. You will see it from the Weekly view on your Finance page. You do not get any additional cash when you withdraw the money you deposited. How did you know money is being deducted from your account? 26/01/2013 13:35
  FC Ubuntu™ - Div1/Gr1
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Not from my account i mean the interest on the money i remove from bank is being deducted from bank and nt paid to my acct 26/01/2013 13:48
  - Div/Gr
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I still don't get what you mean. There is no interest paid at the time of withdrawal. 26/01/2013 14:01
  FC Ubuntu™ - Div1/Gr1
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The interest will be paid weekly....on monday,when the weekly expense is been deducted...check your finances

It will be better,if we can get a message from the financial manager about the interest on deposit...at least he urges us to put deposit money,when we have enough
26/01/2013 14:05
  - Div/Gr
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thanks oye for clearing my doubt it will be better if he can notify us 26/01/2013 17:37
  - Div/Gr
     
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