Benefits
- Account available in AED and USD currencies
- Flexible deposit tenor of 1 month to 3 years
- Minimum deposit amount of AED 25,000
- Interest is calculated daily, and paid upon maturity
- Life Insurance cover
Fees & Charges
- Premature Closure Charges= Penalty Interest will be applicable on premature withdrawal
Interest Rates
- For tenure of 3 years:
- For amount AED 25K to 99.99K, 0.30% interest rate
- For AED 100K to 499.99K, 0.40%
- For AED 500K to 999.99K, 0.50%
- For AED 1M to 4.99M, 0.60%
- For AED 5M to 10M, 0.70%
No interest rate applicable for amounts below AED 25K and tenor below 1 Month.
Documents Required
- Duly filled form
Eligibility
- Both resident and non-resident
- individuals and companies
- Minimum deposit of AED 25,000 is required
Addition Information
- Rollover option available for renewal of fixed deposit