Flexible tenures, higher returns

With the benefit of premature withdrawals and overdrafts

Currencies AED
Currencies: AED, USD, GBP, SAR, AUD, CAD
Flexible tenure
Flexible tenure from 7 days to 5 years
Minimum deposit
Minimum deposit of AED 10,000 or its equivalent in other currencies

Key features

  • Overdraft facility available
  • Rate fixed until maturity of deposit
  • Interest payout on maturity
  • Premature withdrawals permitted
  • In case of premature withdrawals, interest will be as per rack rates prevailing on FD set up date, for elapsed tenor, less 1% p.a. penal interest

Bank with us securely and from anywhere

Mobile & Online Banking

On-the-go banking

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Security

Safeguarding your information
is a shared responsibility

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Requirements and documents for opening an account

  • Identification
    • Original Emirates ID and copy
    • Copy of passport
  • In case of a salary transfer account, we’ll need one of the following documents:
    • Copy of Labour card
    • Copy of Employee ID
    • Latest salary letter
    • Copy of employment visa page from passport
  • Identification
    • Original Emirates ID and copy
    • Copy of passport
  • In case of a salary transfer account, we’ll need one of the following documents:
    • Salary transfer letter (not more than 30 days from date of issue for non-government companies. For government companies, validity as mentioned in the letter.)
    • Copy of appointment letter or contract
    • Copy of payslip (less than 3 months old)
    • Statement with previous month’s salary
    • For bulk accounts: consolidated letter from HR (with salary of each employee mentioned)
  • Passport and copy with visa page and one of the following documents
    • Utility bill (not more than 3 months old)
    • Bank statements (not more than 3 months old and you can print these off online banking too)
    • Reference letter from a banker in home country confirming the length and nature of your relationship with them (this should be a minimum of 12 months); residential address of the customer as per the bank records
  • Identification
    • Passport and copy or UAE National ID and copy
  • For current or checking accounts any one of the following documents:
    • UAE National ID
    • Labour card and copy
    • Work Permit and copy
    • Letter from employer
    • Copy of recent telephone or electricity bill (not more than 3 months old)
    • Tenancy contract in your name
  • Passport copy and EIDA copy of all signatories/owners/director
  • Trade license if the company incorporated in the UAE
  • Memorandum of association (MOA)
  • Board resolution
  • Identification
    • Original Emirates ID and copy
    • Copy of passport
  • In case of a salary transfer account, we’ll need one of the following documents:
    • Copy of Labour card
    • Copy of Employee ID
    • Latest salary letter
    • Copy of employment visa page from passport
  • Identification
    • Original Emirates ID and copy
    • Copy of passport
  • In case of a salary transfer account, we’ll need one of the following documents:
    • Salary transfer letter (not more than 30 days from date of issue for non-government companies. For government companies, validity as mentioned in the letter.)
    • Copy of appointment letter or contract
    • Copy of payslip (less than 3 months old)
    • Statement with previous month’s salary
    • For bulk accounts: consolidated letter from HR (with salary of each employee mentioned)
  • Passport and copy with visa page and one of the following documents
    • Utility bill (not more than 3 months old)
    • Bank statements (not more than 3 months old and you can print these off online banking too)
    • Reference letter from a banker in home country confirming the length and nature of your relationship with them (this should be a minimum of 12 months); residential address of the customer as per the bank records
  • Identification
    • Passport and copy or UAE National ID and copy
  • For current or checking accounts any one of the following documents:
    • UAE National ID
    • Labour card and copy
    • Work Permit and copy
    • Letter from employer
    • Copy of recent telephone or electricity bill (not more than 3 months old)
    • Tenancy contract in your name
  • Passport copy and EIDA copy of all signatories/owners/director
  • Trade license if the company incorporated in the UAE
  • Memorandum of association (MOA)
  • Board resolution
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