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ADCB Islamic Term Investment Deposit

"ADCB Islamic Bank"

ADCB Islamic

Min. Deposit

5,000 AED

Interest Rate

0.10%

Choice of Terms

1 to 12 months

Features

Internet Banking
Islamic Banking
Mobile Banking
Multiple Currencies
Premature withdrawals
Sharia Compliant

ADCB Islamic Term Investment Deposit is a Sharia Compliant term deposit. Account available in multiple currencies, high competitive returns. Flexible deposit tenures, TouchPoints earned payable at maturity.

Apply Now

Benefits

  • This is a Sharia Compliant term deposit account
  • Earn TouchPoints, if your deposit amount is AED 10,000 or more
  • TouchPoints payable at maturity
  • Multiple currencies available include AED, USD, Euro and GBP
  • Flexible tenure of 1, 2, 3, 6 and 12 months

Fees & Charges

NIL

Interest Rates

  • For AED
  • 1 Month = 0.01%
  • 2 Months = 0.02%
  • 3 Months = 0.02%
  • 6 Months = 0.05%
  • 12 Months = 0.10%

Documents Required

For UAE Nationals:

  • A copy of the passport
  • Emirates identity card
  • Resident visa
  • Salary certificate of the applicant

For Residents of UAE:

  • Copy of visa
  • Emirates identity card
  • Copy of the passport
  • Salary certificate issued by the employer

For Non-residents of UAE:

  • Copy of passport
  • Copy of valid visit visa
  • Applicant’s three-month bank statement with the existing bank
  • Introduction letter from an existing ADCB Islamic customer
  • Utility Bill (Not more than 3 months old)

Eligibility

  • Available to UAE nationals, residents and non-residents
  • This product is only available to customers with an active current or savings account
  • Minimum deposit of AED 5,000 is required

Addition Information

  • Earn up to max. of 300 TouchPoints vary on the tenure of the deposit
  • Redeem your TouchPoints instantly at Bank’s Merchant Partner Outlets
  • Apply through SMS or visit the closest branch to open term investment deposit
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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