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Standard Chartered Fixed Deposit

Standard Chartered Bank Account

Standard Chartered

Min. Deposit

25,000 AED

Interest Rate

0.25%

Choice of Terms

1 to 12 months

Features

Conventional Banking
Internet Banking
Mobile Banking
Multiple Currencies
No Salary Transfer
Overdraft Facility
Premature withdrawals

The Standard Chartered Fixed deposit is a deposit account that provides instant cash. The deposit can be started with a low minimum deposit and is available in flexible tenures for convenience.

Apply Now

Benefits

  • Start the deposit with a low minimum amount of AED 25,000 or equivalent
  • Avail instant cash on setting up of deposit
  • Tenures from 1 to 12 months on regular Fixed Deposits
  • Tenures of 6 or 12 months on Upfront Fixed Deposit
  • Automatic renewal of deposit option available on maturity
  • Overdraft facility available
  • The deposit can be made in multiple currencies

Fees & Charges

  • Premature  Closure Charges = Interest paid at an original rate less 2% p.a

Interest Rates

  • For Fixed deposit in AED:
  • 1 Month= 10% p.a.
  • 3 Months = 15% p.a.
  • 6 Months = 20% p.a.
  • 12 Months = 25% p.a.
  • Interest Rates on Upfront Fixed Deposit available on request at branches

Documents Required

For residents:

  • Passport
  • Emirates ID
  • Resident Visa

For Non Residents:

  • Passport
  • Bank Statements 
  • Address Proof

Eligibility

  • UAE Nations, Residents and Non Residents who are above 18 years

Addition Information

  • Online and mobile banking for added convenience
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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