Today’s small saving for a happier tomorrow.
Convenient and flexible term deposits from BoB .
"Enjoy higher rate of interest with longer periods of deposit. Your money remains safe and secure with an option of easy liquidity."
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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