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