Fixed Deposit Account | FD Calculator | FD Account

Available in foreign currencies

Minimum deposit of AED 10,000

Apply through Mobile or Online Banking, or at a branch

Fixed Deposit Account

Flexible tenures, higher returns

With the benefit of premature withdrawals and overdrafts

Currencies: AED, USD, GBP, SAR, AUD, CAD

Flexible tenure from 7 days to 5 years

Minimum deposit of AED 10,000 or its equivalent in other currencies

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

Fixed Deposit rates

Key Facts Statement (KFS)

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UAE Nationals

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

Expats

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)

Non-residents

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

GCC Nationals

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

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