There is a certain closed period, and the expected rate of return is higher than that of ordinary deposits. If the user is in urgent need of money and then cancels the contract in advance, it will also lead to the loss of his own interests.

Generally speaking, if the time deposit is withdrawn in advance, the interest will be calculated according to the current listing rate of the bank on that day.

For example, if a user deposits 1 # 65438+ 10,000 time deposit in Zhongyuan Bank and withdraws it in advance, the interest will be calculated according to the deposit interest rate of 0.3%, and the user can only get the interest = 100000× 0.3 %× 2 = 600 yuan.