# How to Add a Charge to a Term Deposit Account

Charges (fees and penalties) can be charged to term deposit accounts in the following ways: 

* Charges are inherited from the product definition. A Mifos x user may have the ability to remove one or more of these charges for a term deposit account. When a charge is removed from a term deposit account, other term deposit accounts are not affected.
* Charges (not yet associated with the term deposit account) can be selected and attached to the term deposit account.
* One time charges can be added to an active term deposit account.

Charges may be added at the time of term deposit account application, when a term deposit account is Pending Approval, is Approved and is Active. Adding a charge to a term deposit account does not affect the term deposit account's status.

### **To inherit charges from the product definition**

While completing a term deposit account application for a client, keep the charges that appear in the saving account. Complete any fields that do not default such as a date that may be required. Additional charges may also be added. See [Term Deposit Account Fields Charges](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/deposit-accounts/term-deposit-accounts-fixed-deposit-recurring-deposit/how-to-create-a-term-deposit-account-application/term-deposit-account-fields).

### To add charges to a term deposit account

When editing a term deposit account, navigate to the Charges section. [See Term Deposit Account Fields Charges](https://docs.mifos.org/mifosx/user-manual/for-operational-users-mifos-x-web-app/accounts-and-transactions/deposit-accounts/term-deposit-accounts-fixed-deposit-recurring-deposit/how-to-create-a-term-deposit-account-application/term-deposit-account-fields).

### To add miscellaneous (one-time) charges to a term deposit account

When viewing a term deposit account, click **More** and **+Add Charge** on the action bar.

1. Select **Charge** type from the list.
2. Complete the fields required for the charge.
3. Click **Submit**.

### 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)