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