Minimum Deposit Amount | AED 200,000.00 |
Currency | AED,USD,GBP,EUR |
Tenure | 30 - 365 days |
Interest Payment Frequency | On Maturity |
Interest/Profit Rate | Varies |
Early Withdrawal Penalty | Minus 2% of the published rate for the completed tenure. No interest if tenure is 2% or less. |
Partial Withdrawal Allowed | No |
Islamic Deposit | No |
Special Features
Requires an active Current, Savings, or Notice Account with the Bank. Deposits can be renewed along with interest (Principal or Principal + Interest). Longer periods may be available upon agreement.