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FAB Emirati Al Awwal Savings Certificate

FAB Bank

FAB

Min. Deposit

1,000

Interest Rate

0.5%

Choice of Terms

30 & 90 Days

Features

Conventional Banking
Internet Banking
Mobile Banking
No Salary Transfer
Sharia Compliant

First Abu Dhabi Bank Emirati Al Awwal Savings Certificate is a Sharia Compliant Saving Certificate. Certificates available in AED only, chances to win up to AED 3 million in prizes.

Apply Now

Benefits

  • Exclusively available for UAE nationals
  • This is a Sharia Compliant
  • Value of each Emirati Al Awwal certificate is AED 1,000
  • Certificates are available in AED only
  • Chances to win up to AED 3 million in prizes through regular draws
  • Profits earned are credited annually to the linked account
  • The minimum holding period for monthly draws is 30 days and 90 days for quarterly and annual draws
  • Certificates can be purchased on behalf of a minor

Fees & Charges

NIL

Interest Rates

  • Profit rate of 0.50% p.a.

Documents Required

  • Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
  • Duly filled Fixed Deposit application form
  • Additional documents may be required on a case-by-case basis

Eligibility

  • For UAE Nationals
  • Account for individuals & Minors

Addition Information

  • Mega prize of AED 1 million for one winner, per year
  • Quarterly prize of AED 200,000 for one winner
  • Monthly prizes of AED 5,000 for 20 winners
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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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