# How to Activate a Term Deposit Account

Once a term deposit account has been approved, it is ready to be activated (the term deposit account status is approved and the term deposit account color is blue).&#x20;

Term deposit accounts can be activated by Mifos x users with term deposit account activation permissions.

Activating a term deposit account changes the status of the term deposit account from Approved to Active.

Term deposit account activation can not be undone.

### **To activate a term deposit account**&#x20;

To activate a term deposit account, select the client (*needs link to how to find a client)*. Click the **General** tab. The client's term deposit accounts are listed in the **Saving Account Overview** section.

1. Ensure that term deposit accounts that are not closed are displayed by clicking **View Active Savings** on the saving action bar. \
   Pending activation term deposits will be indicated with a blue color swatch and **Activated** in the **Status** column.&#x20;
2. Click the term deposit account to be activated.\
   The term deposit account form will open.&#x20;
3. Click **Activate** on the action bar.\
   The Activate term deposit Account page will open.&#x20;
4. Accept the default date (today), or pick a date in the past from the pop-up calendar for **Activated on**.
5. Click **Submit**.

The term deposit account will be modified and its status changed to Active. The term deposit account is now ready to be used.

### Related articles

* Page:[Share Accounts](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/share-accounts)
* Page:[How to Prepay a Loan Account](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-prepay-a-loan-account)
* Page:[Using collection sheet or other payment types for making payments](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/using-collection-sheet-or-other-payment-types-for-making-payments)
* Page:[How to Assign a Loan Officer](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/loan-accounts/how-to-assign-a-loan-officer)
* Page:[How to Add a Charge to a Loan Account](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/deposit-accounts/mifos-x-saving-accounts/how-to-add-a-charge-to-a-saving-account)
