Benefits
- Interest paid monthly, bi-annually or at maturity
- Tenures available for 2, 3, 4, 5, 7 and 10 years
- Available in AED, USD, GBP and EUR
- Minimum deposit, AED 30,000 or USD 10,000 (or an equivalent amount in any other currency)
- Minors are eligible
- Premature Closure Charges applicable
Fees & Charges
- Premature Closure Charges= AED 100 fee for premature withdrawal of fixed deposit
Interest Rates
- Avail attractive interest rates on long-term deposits for First Abu Dhabi Bank Smart Deposits
Documents Required
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
- Duly filled Fixed Deposit application form
- Additional documents may be required on a case-by-case basis
Eligibility
- Applicable for UAE residents and non-residents
- Account available for salaried and non-salaried individuals
- Minors are eligible to open account
Addition Information
- Interest will be paid only if the deposit is retained for a minimum period of 6 months
- Customer should have an existing account for funding the Smart Deposit
- Partial withdrawal is not allowed, bank however at its sole discretion may allow a premature withdrawal