Benefits
- A savings plan with up to 5 goal-based saving options such as general savings, retirement, education, marriage and travel.
- Define goal tenor and monthly contribution amount for each goal separately
- Flexible tenors starting from 6 months to 5 years
- Available in AED and USD
- Minimum monthly contribution of AED 500 or USD 200
- Available to individuals only
- No partial or premature withdrawals or closures
- Interest rate varying from 0 to 0.25%
Fees & Charges
- Not Applicable
Interest Rates
- 6 months to 47 months = 0%
- 48 months to 59 months = 0.10%
- 60 months = 0.25%
Documents Required
- A current or savings account is mandatory
- Application Form
Eligibility
- A current or savings account is mandatory to open a Goal Recurring Deposit
- Available to individuals only
Addition Information
- You will receive a Deposit advice, on both booking and renewal.
- Partial and premature withdrawals are not allowed on this account.