Today’s small saving for a happier tomorrow.
Convenient and flexible term deposits from BoB .
Term Deposits
"Enjoy higher rate of interest with longer periods of deposit. Your money remains safe and secure with an option of easy liquidity."
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Key Features
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Eligibility
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Charges
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Account can be opened by Individuals, Minors, Illiterates, Non-Residents and Associations (as per guidelines of the bank)
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Deposits can be in 2 currencies viz. AED, USD
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Minimum tenor of deposit is one month
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Maximum tenor is 36 months
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Minimum deposit AED 5000/USD 5000
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Interest*: As per applicable card rate (To see Interest Rate )
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Auto renewal facility is available
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:
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Duly filled Account opening application form (signed in front of bank officials)
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Photocopy of valid passport including address page and valid VISA page
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Copy of valid Emirates ID
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Photocopy of valid labour contract (in case of salary account)
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No objection certificate from sponsor
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Two recent passport-size photographs
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Copy of tenancy contract/Ejari wherever applicable
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Original documents to be presented for verification
Click here to open account now
As applicable from time to time, please to refer service charges guidelines separately or click
to see more details.
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