Benefits
- Available in all major currencies
- Tenures starting from 7 days up to 3 years
- Interest will be payable on the Principal amount upon maturity
- Minimum deposit of AED 10,000
- Premature encashment is allowed
- Auto-renewal facility available
Fees & Charges
NIL
Interest Rates
- As per Banks norms
Documents Required
- Completed deposit opening form
- Valid passport, Residence Visa, Emirates ID, or National ID
Eligibility
- UAE National, UAE Resident, or non-resident who is above 18 years of age
- Applicants, less than 18 years should have a guardian as co-applicant
Addition Information
- Either no interest will be paid or a penalty will be charged if the Time deposit is broken partly or wholly before maturity date, at the discretion of the Bank.