CBD Step Up Time Deposit CBD Min. Deposit 10,000 Interest Rate 1.40% Choice of Terms 0 to 720 daysFeatures Conventional Banking Internet Banking Mobile Banking No Salary Transfer Premature withdrawalsThe CBD Step Up Time deposit is a savings deposit where you earn more returns when invested for a longer fixed term. Apply NowBenefitsEarn more for investing money for a fixed tenorInterest rate is added daily and credited to account on liquidation or maturityCBD customers can open this instantly through online bankingThis account is available in AED onlyFees & ChargesNILInterest Rates0 – 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 RequiredValid PassportNational IDResidence VisaEmirates IDCompleted account opening formEligibilityShould be a UAE National or UAE residentShould be at least 18 years or aboveAddition InformationYou are eligible for interest in case of pre matured withdrawal, however you will earn pre matured withdrawal penal rates Apply Now
