Bendigo Bank
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
At a glance
- Best rate
- 5.20% for 12m
- 12 months
- 5.20%
- Min deposit
- $5,000
§ 01 — Rates · 20
| 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 |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Bank Cheque Fee | Transaction | $10 | — | Applies per bank cheque you request. This fee will not be debited to your FMD. |
§ 03 — 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.
§ 04 — Eligibility & 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.
§ 06 — Run the numbers
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.