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Accounts

Fixed deposit
Fixed Deposit (FD) also known as ‘Term Deposit’ gets you higher competitive interest rates compared to the interest you can earn on any other operative accounts.
  • Eligibility - UAE / GCC Nationals, UAE Residents and Non-Residents

  • Currencies - AED/KWD/USD/ GBP/EURO and more

  • Minimum Balance - AED 50,000 / USD 25,000

  • Mandatory - Current/savings account

  • Interest Payout - Paid on Maturity

  • Premature Withdrawal/Early Redemption - Permitted . However, the deposit shall then be subject to reduced interest as outlined in the Bank fee schedule and charges and applicable law

  • Digital Access - Online Banking Fixed Deposit placement is available

  • Key Facts Statements - Click here to view