Term Deposits

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 36 months
• 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.

Eligibility

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

Click here to open Account now

Charges

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

Apply Online