El Nilein Bank
Abu Dhabi, UAE
https://www.elnileinbank.com
El Nilein Bank Personal Deposit Accounts
Secure and grow your savings with El Nilein 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:
365 - 1095 days
Interest Rate:
4%
Payment Frequency:
On Maturity
Early Withdrawal Penalty:
If withdrawn before 30 days, no profit is paid. If withdrawn before full tenure, profit is recalculated based on applicable weightages and a 1% reduction is applied.
Islamic Deposit:
Yes
Features:
Unrestricted Mudaraba contract. Deposits are pooled into Sharia-compliant investments, with weightages determining profit distribution.
