Bendigo Bank
Fixed Rate Farm Management Deposit
Bendigo Bank · term deposits
Provider last updated this product 2026-09-03.
A Farm Management Deposit (FMD) is an important cash flow management tool that enables individuals carrying on a primary production business in Australia (primary producers) to set aside pre-tax income from their profitable years and earn interest on it – so the money’s available when they most need it.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 0.00% | 1 months | daily | $0 - $4,999.99 | - | calculated daily |
| FIXED | 2.00% | 1 months | daily | $5,000 - $800,000 | - | calculated daily |
| FIXED | 0.00% | 2 months | daily | $0 - $4,999.99 | - | calculated daily |
| FIXED | 2.00% | 2 months | daily | $5,000 - $800,000 | - | calculated daily |
| FIXED | 0.00% | 3 months | daily | $0 - $4,999.99 | - | calculated daily |
| FIXED | 3.70% | 3 months | daily | $5,000 - $800,000 | - | calculated daily |
| FIXED | 0.00% | 6 months | daily | $0 - $4,999.99 | - | calculated daily |
| FIXED | 4.50% | 6 months | daily | $5,000 - $800,000 | - | calculated daily |
| FIXED | 0.00% | 12 months | daily | $0 - $4,999.99 | - | calculated daily |
| FIXED | 5.20% | 12 months | daily | $5,000 - $800,000 | - | calculated daily |
| FIXED | 0.00% | 12 months | daily | $0 - $4,999.99 | - | calculated daily, paid quarterly |
| FIXED | 5.15% | 12 months | daily | $5,000 - $800,000 | - | calculated daily, paid quarterly |
| FIXED | 0.00% | 12 months | daily | $0 - $4,999.99 | - | calculated daily, paid monthly |
| FIXED | 5.15% | 12 months | daily | $5,000 - $800,000 | - | calculated daily, paid monthly |
| FIXED | 0.00% | 24 months | daily | $0 - $4,999.99 | - | calculated daily, paid annually |
| FIXED | 4.70% | 24 months | daily | $5,000 - $800,000 | - | calculated daily, paid annually |
| FIXED | 0.00% | 24 months | daily | $0 - $4,999.99 | - | calculated daily, paid quarterly |
| FIXED | 4.65% | 24 months | daily | $5,000 - $800,000 | - | calculated daily, paid quarterly |
| FIXED | 0.00% | 24 months | daily | $0 - $4,999.99 | - | calculated daily, paid monthly |
| FIXED | 4.65% | 24 months | daily | $5,000 - $800,000 | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Bank Cheque Fee | TRANSACTION | $10 | Applies per bank cheque you request. This fee will not be debited to your FMD. |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-10-26 (current) | 5.20% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Fixed 1, 2, 3, 6, 12 or 24 month terms available.
- Designed for primary producers who’ve earned a taxable non-farm income of $100,000 or less over a financial year.
- You can have more than one Farm Management Deposit, up to a combined value of $800,000 per farmer.
- Earn competitive interest rates on a choice of fixed terms.
- No monthly account service fees or transaction fees apply to Bendigo Bank Farm Management Deposit accounts.
- 31 day withdrawal notice if need to access funds before its maturity date.
Who can apply
- otherCustomer must be a primary producer with an off-farm taxable income of less than $100,000 per annum.
- residency status - Australian ResidencyOnly available to Australian primary producers.
- otherCan only be opened in the name of an individual.
- otherSubject to farm management deposit scheme eligibility guidelines.
Limits
- opening balance - 5000.00
- max balance - 800000.00The total of all FMD’s held in a client’s name must not exceed $800,000.00
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-09-03T01:37:15.152Z · Product ID: d85e9c1b-fa75-4493-ae9c-05038cda8b70