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.

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, please click here. By continuing to browse this website, you consent to our use of cookies.