| Accounts
- Deposit Account |
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Flexible
and convenient in terms of amount, tenor and even choice of currency! Furthermore,
the interest earned at maturity can either be rolled over or transferred to your
NBAD Direct account.
See Features and Benefits below. |
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*Prior
to submitting a request to open a fixed deposit account, please ensure that you
maintain either a Current or Savings NBAD direct Account, if you are already an
account holder then Click
here |
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>
Features and Benefits
> Eligibility Criteria and Documents Required |
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| Features
and Benefits |
- Time
Deposit Account is available in United Arab Emirates Dirham (AED) & other
major currencies
-
Attractive Interest rates are based on the amount and period of your Deposit,
{longer the period higher the interest rate}
- Deposit
tenure starts from 7 days & up to 1 year
- Minimum
Deposit amount is as little as AED 5,000 , $ 3000 Equivalent for other major currencies
- Preferential
rates for deposits in excess of AED1million or equivalent in other currencies
- Interest
rate remains unaffected for the duration of the deposit, irrespective of market
fluctuations
- Customer
may withdraw deposits prior to maturity, either in full or in part. Premature
withdrawal of fixed deposits penalty applied will be either minimum of "NIL"
or maximum of 15% of the interest rate applicable for the period the fixed deposit
has been maintained (penalty charge may change from time to time)
TOP |
| Eligibility
Criteria and Documents Required |
- Individuals
- United Arab Emirates Residents and Non Residents
- Minor
Accounts below 18 to be opened and operated by the legal guardian
- Fixed
Deposit Account Opening Form
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