Fixed Rate Farm Management Deposit

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.

Term depositsBank updated 3 Sept 2026

Product page ↗Fees and pricing ↗Terms ↗

At a glance

Best rate: 5.20% for 12m
12 months: 5.20%
Min deposit: $5,000

How it compares

This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

Typical 4.60%

1%1.5%2%2.5%3%3.5%4%4.5%5%

This term deposit: 3.70%Every other institution's highest, 54 in all

Best rate for 3 months. One dot per institution, at its highest 3-month term deposit rate anyone can apply for; hover or tap a dot for its name.

Rate	This term deposit	Best anywhere	Typical institution	Where it sits
3-month term depositBest rate for 3 months	3.70%	5.30%Heartland Bank's Broker Term Deposit	4.60%of 55 institutions	45th highest of 55
6-month term depositBest rate for 6 months	4.50%	5.47%Heartland Bank's Broker Term Deposit	5.10%of 63 institutions	50th highest of 63
12-month term depositBest rate for 12 months	5.20%	5.75%Suncorp Bank's Term Deposit	5.30%of 65 institutions	47th highest of 65, level with 5 others
2-year term depositBest rate for 2 years	4.70%	5.60%Judo Bank's Personal Term Deposits	4.90%of 55 institutions	32nd highest of 55, level with 2 others

Rates

Every rate Bendigo Bank publishes for this term deposit, 20 in all.

Its best rate at each term

1 mo2.00%
2 mo2.00%
3 motypical 4.60%3.70%
6 motypical 5.10%4.50%
1 yrtypical 5.30%5.20%
2 yrstypical 4.90%4.70%

This term depositTypical institution's best for the term

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Fixed	-	1 mo	up to $5,000	0.00%	-	paid at maturity
Fixed	-	1 mo	$5,000–$800,000	2.00%	-	paid at maturity
Fixed	-	1 yr	up to $5,000	0.00%	-	paid at maturity
Fixed	-	1 yr	up to $5,000	0.00%	-	paid every 1 mo
Fixed	-	1 yr	up to $5,000	0.00%	-	paid every 3 mo
Fixed	-	1 yr	$5,000–$800,000	5.20%	-	paid at maturity
Fixed	-	1 yr	$5,000–$800,000	5.15%	-	paid every 1 mo
Fixed	-	1 yr	$5,000–$800,000	5.15%	-	paid every 3 mo
Fixed	-	2 mo	up to $5,000	0.00%	-	paid at maturity
Fixed	-	2 mo	$5,000–$800,000	2.00%	-	paid at maturity
Fixed	-	2 yrs	up to $5,000	0.00%	-	paid every 1 mo
Fixed	-	2 yrs	up to $5,000	0.00%	-	paid every 1 yr
Fixed	-	2 yrs	up to $5,000	0.00%	-	paid every 3 mo
Fixed	-	2 yrs	$5,000–$800,000	4.65%	-	paid every 1 mo
Fixed	-	2 yrs	$5,000–$800,000	4.70%	-	paid every 1 yr
Fixed	-	2 yrs	$5,000–$800,000	4.65%	-	paid every 3 mo
Fixed	-	3 mo	up to $5,000	0.00%	-	paid at maturity
Fixed	-	3 mo	$5,000–$800,000	3.70%	-	paid at maturity
Fixed	-	6 mo	up to $5,000	0.00%	-	paid at maturity
Fixed	-	6 mo	$5,000–$800,000	4.50%	-	paid at maturity

Fees

One fee published, grouped by when they're charged.

When you make a transaction1

Bank Cheque Fee
Applies per bank cheque you request. This fee will not be debited to your FMD.
$10

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.

Eligibility and limits

Residency: Australian Residency
Opening balance $5,000
Customer must be a primary producer with an off-farm taxable income of less than $100,000 per annum.
Can only be opened in the name of an individual.
Subject to farm management deposit scheme eligibility guidelines.

Compare it with others

All term deposits Other Bendigo Bank term deposits Everything Bendigo Bank publishes

Put this product through a calculator

Published by Bendigo Bank under the Consumer Data Right, last changed by them on 3 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.