deposit 1000A fixed deposit is a type of term investment offered by several banks and NBFCs. These deposits typically offer a hher rate of interest, subject to certain terms and conditions. The amountInitial deposit: S$1,000 for tenures from 2 to 24 months; S$10,000 for 1-month tenure and Choice Date with flexible tenure; S$1,000,000 for a 1-week tenure, applicable only to corporate accounts . Documents Requirement for Singapore