Term Deposits

"Enjoy higher rate of interest with longer periods of deposit. Your money remains safe and secure with an option of easy liquidity."

  • Key Features
  • Eligibility
  • Charges
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Key Features

  • Account can be opened by Individuals, Minors, Illiterates, NRIs and Associations (as per guidelines of bank)
  • Deposits can be in –6- Currencies viz. AED, USD, GBP, EUR, YEN and CHF
  • Minimum tenor of Deposit is one month
  • Maximum tenor is one year
  • Minimum Deposit AED 5000 / USD 5000 / GBP 3000 / EUR 5000
  • Attractive interest rates (depending upon the term of deposit) subject to change from time to time
  • Auto Renewal facility is available.


KYC guidelines as prescribed by the Central Bank of UAE

In case of existing relationship with us - Duly filled Account opening application form (Signed in front of bank officials)

For New customer:

  • Duly filled Account opening application form (Signed in front of bank officials)
  • Photocopy of valid Passport including address page & valid VISA page.
  • Copy of valid emirates ID
  • Photocopy of valid labor contract (In case of salary account)
  • No objection certificate from sponsor
  • Two recent passport size photographs
  • Copy of Tenancy contract/ Ejari wherever applicable
  • Original documents to be presented for verification

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As applicable from time to time, please refer Service charges guidelines separately or click Service charges to see more details.

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