CBD Step Up Time Deposit CBD Min. Deposit 10,000 Interest Rate 1.40% Choice of Terms 0 to 720 days Features Conventional Banking Internet Banking Mobile Banking No Salary Transfer Premature withdrawals The CBD Step Up Time deposit is a savings deposit where you earn more returns when invested for a longer fixed term. Apply Now Benefits Earn more for investing money for a fixed tenor Interest rate is added daily and credited to account on liquidation or maturity CBD customers can open this instantly through online banking This account is available in AED only Fees & Charges NIL Interest Rates 0 – 180 days = 0.70% 181 – 270 days = 0.80% 271 – 360 days = 1.00% 361 – 450 days = 1.1% 451 – 540 days = 1.20% 541 – 630 days = 1.30% 631 – 720 days = 1.40% Documents Required Valid Passport National ID Residence Visa Emirates ID Completed account opening form Eligibility Should be a UAE National or UAE resident Should be at least 18 years or above Addition Information You are eligible for interest in case of pre matured withdrawal, however you will earn pre matured withdrawal penal rates Apply Now
