Ajman Bank
Ajman
https://www.ajmanbank.ae
Ajman Bank Personal Deposit Accounts
Secure and grow your savings with Ajman Bank's Personal Deposit Accounts. Enjoy competitive interest rates, flexible terms, and the peace of mind that comes with our reliable banking services.
Minimum Deposit:
AED 10,000.00
Tenure:
30 - 365 days
Interest Rate:
1%
Payment Frequency:
Quarterly
Early Withdrawal Penalty:
Profit recalculated at applicable savings account profit rate
Islamic Deposit:
Yes
Features:
Funds are invested based on unrestricted Mudaraba contract. Auto-renewal option available.
Minimum Deposit:
AED 100,000.00
Tenure:
30 - 1080 days
Interest Rate:
3.75%
Payment Frequency:
End of Tenure
Early Withdrawal Penalty:
Lower profit payout applied based on tenure completed
Islamic Deposit:
Yes
Features:
Bank acts as an agent (Wakeel) to generate returns; anticipated profit is subject to investment performance.
Minimum Deposit:
AED 100,000.00
Tenure:
180 - 1080 days
Interest Rate:
4.25%
Payment Frequency:
Upfront
Early Withdrawal Penalty:
Upfront profit amount deducted from principal upon early withdrawal
Islamic Deposit:
Yes
Features:
Profit is paid immediately upon booking instead of waiting for maturity.
