Today’s small saving for a happier tomorrow.

Convenient and flexible term deposits from BoB .

  • Key Features
  • Documents Required
  • Charges

Term Deposits : Key Features

  • Account can be opened by Individuals, Minors, Illiterates, Non-Residents and Associations (as per guidelines of the bank)
  • Deposits can be in AED, USD , GBP or EURO
  • Minimum tenor of deposit is one month
  • Maximum tenor is 36 months
  • Minimum deposit AED 5000/USD 5000
  • Bank’s Card Rate prevailing at the date of instructions received.
  • Auto renewal facility is available

Term Deposits : Documents Required

KYC guidelines as prescribed by the Central Bank of the 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 and valid VISA page

  • Copy of valid Emirates ID

  • Photocopy of valid labour 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

Term Deposits : Charges

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

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