Term Deposit

Term Deposit

At Consolidated Finance we accept deposits for periods exceeding one (1) year with Interest Rates that are HIGHER than those offered by commercial banks. We are the best place to safeguard and grow your nest egg.


Throughout our long-standing relationship with the Barbados Association of Retired Persons (SARP), we offer a special premium to BARP members of ¼ percent. This premium is added to your Term Deposit rate.

How does it work?

  • An agreed amount is placed in our care for a fixed amount of time.
  • As a BARP member you receive your premium on presentation of your valid membership card.
  • We offer the option to all depositors to pay interest monthly, quarterly, semi-annually or at maturity.

Consolidated Finance is a member of the Barbados Deposit Insurance Corporation.

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