Premature Closure Charges= Booking rate for the tenure the deposit is held, minus 1%

For HSBC Term Deposit Account, interest rate applicable is up to 0.20% per annum

original passport (for all customers)
valid residence visa (for non-GCC national customers only)
original Emirates identification card (for all customers)
proof of UAE residence in the form of a utility bill/ rental/ lease agreement/ employment letter (for all customers)
original labour card/work ID (for female applicants on father’s/husband’s sponsorship)
original trade licence (for all self-employed customers)

Available for UAE nationals, residents and non-residents
Minimum deposit of AED 10,000 is required
You must have an HSBC current or savings account for the duration of Term Deposit

HSBC Term Deposit Account