diff --git a/mifosng-db/0001a-mifos-platform-base-ddl-schema.sql b/mifosng-db/0001a-mifos-platform-base-ddl-schema.sql
index e84847c85..ec8feafe3 100644
--- a/mifosng-db/0001a-mifos-platform-base-ddl-schema.sql
+++ b/mifosng-db/0001a-mifos-platform-base-ddl-schema.sql
@@ -287,9 +287,19 @@ CREATE TABLE `portfolio_product_savings` (
   `id` bigint(20) NOT NULL AUTO_INCREMENT,
   `name` varchar(100) NOT NULL,
   `description` varchar(500) DEFAULT NULL,
-  `currency_code` varchar(3) NOT NULL,
-  `currency_digits` smallint(5) NOT NULL,
-  `interest_rate` decimal(19,6) NOT NULL,
+  `savings_type_enum` smallint(5) NOT NULL,
+  `currency_code` varchar(3) DEFAULT NULL,
+  `currency_digits` smallint(5) DEFAULT NULL,
+  `interest_rate` decimal(19,6) DEFAULT NULL,
+  `minimum_balance` decimal(19,6) DEFAULT NULL,
+  `maximum_balance` decimal(19,6) DEFAULT NULL,
+  `ft_tenure_months` int(11) DEFAULT NULL,
+  `ft_maturity_default_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_maturity_min_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_maturity_max_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_can_renew` tinyint(1) DEFAULT NULL,
+  `ft_can_pre_close` tinyint(1) DEFAULT NULL,
+  `ft_pre_closure_interest_rate` decimal(19,6) DEFAULT NULL,
   `is_deleted` tinyint(1) NOT NULL DEFAULT '0',
   `createdby_id` bigint(20) DEFAULT NULL,
   `created_date` datetime DEFAULT NULL,
@@ -300,7 +310,7 @@ CREATE TABLE `portfolio_product_savings` (
   KEY `FKJPW0000000000004` (`lastmodifiedby_id`),
   CONSTRAINT `FKJPW0000000000003` FOREIGN KEY (`createdby_id`) REFERENCES `admin_appuser` (`id`),
   CONSTRAINT `FKJPW0000000000004` FOREIGN KEY (`lastmodifiedby_id`) REFERENCES `admin_appuser` (`id`)
-) ENGINE=InnoDB  DEFAULT CHARSET=utf8;
+) ENGINE=InnoDB DEFAULT CHARSET=utf8;
 
 CREATE TABLE `portfolio_loan` (
   `id` bigint(20) NOT NULL AUTO_INCREMENT,
diff --git a/mifosng-db/patches/patch-0005_Add_Fixed_Term_Fields_to_SavingsProduct.sql b/mifosng-db/patches/patch-0005_Add_Fixed_Term_Fields_to_SavingsProduct.sql
new file mode 100644
index 000000000..40cafc940
--- /dev/null
+++ b/mifosng-db/patches/patch-0005_Add_Fixed_Term_Fields_to_SavingsProduct.sql
@@ -0,0 +1,30 @@
+DROP TABLE IF EXISTS `portfolio_product_savings`;
+CREATE TABLE `portfolio_product_savings` (
+  `id` bigint(20) NOT NULL AUTO_INCREMENT,
+  `name` varchar(100) NOT NULL,
+  `description` varchar(500) DEFAULT NULL,
+  `savings_type_enum` smallint(5) NOT NULL,
+  `currency_code` varchar(3) DEFAULT NULL,
+  `currency_digits` smallint(5) DEFAULT NULL,
+  `interest_rate` decimal(19,6) DEFAULT NULL,
+  `minimum_balance` decimal(19,6) DEFAULT NULL,
+  `maximum_balance` decimal(19,6) DEFAULT NULL,
+  `ft_tenure_months` int(11) DEFAULT NULL,
+  `ft_maturity_default_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_maturity_min_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_maturity_max_interest_rate` decimal(19,6) DEFAULT NULL,
+  `ft_can_renew` tinyint(1) DEFAULT NULL,
+  `ft_can_pre_close` tinyint(1) DEFAULT NULL,
+  `ft_pre_closure_interest_rate` decimal(19,6) DEFAULT NULL,
+  `is_deleted` tinyint(1) NOT NULL DEFAULT '0',
+  `createdby_id` bigint(20) DEFAULT NULL,
+  `created_date` datetime DEFAULT NULL,
+  `lastmodified_date` datetime DEFAULT NULL,
+  `lastmodifiedby_id` bigint(20) DEFAULT NULL,
+  PRIMARY KEY (`id`),
+  KEY `FKJPW0000000000003` (`createdby_id`),
+  KEY `FKJPW0000000000004` (`lastmodifiedby_id`),
+  CONSTRAINT `FKJPW0000000000003` FOREIGN KEY (`createdby_id`) REFERENCES `admin_appuser` (`id`),
+  CONSTRAINT `FKJPW0000000000004` FOREIGN KEY (`lastmodifiedby_id`) REFERENCES `admin_appuser` (`id`)
+) ENGINE=InnoDB DEFAULT CHARSET=utf8;
+