
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.
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Eligibility - UAE / GCC Nationals, UAE Residents and Non-Residents
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Currencies - AED/KWD/USD/ GBP/EURO and more
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Minimum Balance - AED 50,000 / USD 25,000
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Mandatory - Current/savings account
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Interest Payout - Paid on Maturity
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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
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Digital Access - Online Banking Fixed Deposit placement is available
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Key Facts Statements - Click here to view