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CBD Unit Time Deposit

CBD_Account

CBD

Min. Deposit

100,000 AED

Interest Rate

2.00%

Choice of Terms

6 months, 1 year

Features

Conventional Banking
Internet Banking
Joint Account Possible
Mobile Banking
No Salary Transfer
Premature withdrawals

The CBD Unit Time Deposit is a deposit account where the deposit is divided into units for higher returns and greater flexibility.

Apply Now

Benefits

  • Available in 6 months and 1-year tenure
  • Starts with a minimum deposit of AED 100,000
  • Flexibility to withdraw in units as and when needed
  • Continue to get interest rate after withdrawal
  • Withdrawal amounts must be AED 10,000 and its multiple thereof

Fees & Charges

NIL

Interest Rates

  • 1% on 6 months tenure
  • 2% on 1 year

Documents Required

  • Emirates ID
  • Valid Passport or National ID
  • Residence Visa

Eligibility

  • UAE National, UAE Resident or non-UAE Resident who is at least 18 years of age
  • Applicants who are younger must have a guardian as a co-applicant

Addition Information

  • Interest rate may change as decided by bank
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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