Flexible tenures from one week to 12 months
Minimum deposit of AED 5,000 or USD 1,500 (or an equivalent amount in any other currency)
Available in all major currencies
Joint ownership allowed
AED 100 fee for premature withdrawal of fixed deposit
Partial withdrawal is not allowed
Minors are eligible

Premature Closure Charges= AED 100 fee for premature withdrawal of fixed deposit

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

Applicant must hold a current, saving or call account with FAB
Minors are eligible, but deposit account must be opened on the instruction of the minor’s father or appointed guardian

FAB Fixed Deposits