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The phrase "a deposit of" is correct and usable in written English.
It can be used when referring to a sum of money that is placed in a bank account or as a security for a service or rental agreement.
Example: "To secure the apartment, you will need to provide a deposit of one month's rent."
Alternatives: "a sum of" or "an amount of".
Exact(60)
A deposit of $320 is required.
She left a deposit of one-month's rent, $1,400.
For those two, you'll need a deposit of 20%.
Under the scheme, buyers will only need a deposit of as little as 5 per cent.
That buyer was forced to walk away from a deposit of more than $600,000.
Every London district has a deposit of historical associations many centuries thick.
It was a deposit of sorts, a down payment on rebirth.
Most auctions require a deposit of some kind, for example 10 percent of the purchase price.
Later he asked for a "deposit" of £150,000 "for me to pay my six boys".
Longer stays cost less, but a deposit of 20percentt of a month's stay is required.
Italiaidea requires a deposit of $80, at least a week in advance.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com