Souqalmal.com (Souq al Mal is Arabic for ‘money market’) is the leading comparison website in the Middle East and lets you compare financial products before you say ‘I do’. The interest rates can vary with each bank which is higher compared to the savings account. Fixed deposits are known as risk-free investment worldwide. It involves an easy application process with the requirement of few basic documents. The interest rates are calculated on the fixed rate basis. One advantage of the fixed deposits is the tenure. Deposit interest rates in UAE banks continue to drop. Figures likely to fall further, says money expert The bank’s fixed deposit rate for 12 months is pegged at 0.1460 per cent for Dh1 Fixed Deposit Account. Labour Card or a valid Emirates ID for UAE nationals; Proof of address (Bank Statement, Utility Bill, Tenancy Contract, Salary Certificate or Salary Transfer Letter) The interest rates on Fixed Deposits are subject to change, however, you can find out the latest rate by calling us on 600544440 or by visiting any What does a higher interest rate mean for UAE consumers? With a minimum deposit of Dh25,000, Dubai Islamic Bank’s long-term Wakala Deposit offers up to 2.52 per cent expected profit paid out Customers can continue with the deposit, but the interest rate will be lower," said the spokesperson. Money experts said UAE banks hardly offer interest rates higher than 1 per cent these days, so 5 Interest rates are subject to change from time to time at the sole discretion of HSBC Bank Middle East Limited. The interest rate applicable to your existing deposit will remain unchanged for the duration of the term. For more information about the interest rates applicable for particular deposit amounts, currencies and terms, please contact one of our Premier Relationship Managers or any
Choose from a wide range of tenors and major currencies from around the world. Additionally, Citi offers you competitive fixed deposit interest rates to help you grow your savings faster. Open a Citi Time Deposit Account and earn interest on your money. Working alongside the UAE’s leading banks, we do all the hard work for you, scouring the market for the leading current, savings and deposit accounts, taking into account things like; minimum monthly income, transfer fees, overdraft facilities, incentives and rewards. In the case of a Fixed Deposit withdrawn in full after 7 days of making the Deposit, a fee of AED 100/- shall be payable by the Customer and the Customer shall be entitled to 50% of the interest rate, for the period that the deposit has been maintained.
Now you can earn up to 10% on your Deposits with the best fixed deposit rates in the UAE. High interest rates up to 3.25% p.a. for 3 years tenor (10% cumulative) Attractive rates for 1 year and 2 years AED and USD deposits. Available to individuals and entities. Preferential rates offered exclusively for UAE Nationals. Get details on fixed deposit interest rates & other charges associated with Emirates NBD Bank. Open an Emirates NBD's Fixed Deposit account in the UAE. Also known as Company fixed deposits, they usually offer more attractive rates of interest as compared to banks. You must research the company well before investing in a corporate fixed deposit. Wakala deposits : These are Shariah compliant contracts in which you authorize the bank (Wakil) On early withdrawal, the interest payable will be paid at the Original Fixed Deposit Rate (i.e. the rate labelled “Interest Rate % p.a.” on your Fixed Deposit Confirmation) less 2% (two percentage points) per annum. If, after subtracting the 2% (two percentage points), the interest rate payable is equal to or less than 0% Choose from a wide range of tenors and major currencies from around the world. Additionally, Citi offers you competitive fixed deposit interest rates to help you grow your savings faster. Open a Citi Time Deposit Account and earn interest on your money. Working alongside the UAE’s leading banks, we do all the hard work for you, scouring the market for the leading current, savings and deposit accounts, taking into account things like; minimum monthly income, transfer fees, overdraft facilities, incentives and rewards. In the case of a Fixed Deposit withdrawn in full after 7 days of making the Deposit, a fee of AED 100/- shall be payable by the Customer and the Customer shall be entitled to 50% of the interest rate, for the period that the deposit has been maintained.
RAKBANK offers FD accounts in the UAE with higher interest rates up to 3.25% and 10% cumulative over 3 years. Apply for a fixed deposit account online now. The applicable rate is applied based on the day the deposit is opened or renewed; The interest rate applied on the day the time deposit was booked will not Make your money work harder and earn a higher rate of iInterest with a Term Deposit Account. Get a great term deposit interest rate with fixed deposits from Get the best interest rates on your fixed deposits rates in UAE, with Mashreq Bank as compared to the term deposit rates in the market. Deposit Interest Rate in United Arab Emirates. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits .
Interest rates are subject to change from time to time, but the interest rate applicable to your HBL TermDeposit at the point the investment is made is fixed for the EIBOR Rates. "In consideration of the Panel of Banks, the Calculation Agent and the CBUAE (together the "Suppliers") coordinating and supplying, the data from Get all the details on Abu Dhabi Commercial Bank Fixed Deposit/Term Deposit, NRI/NRE/NRO Deposit Rates, Interest Rates, Fixed Deposits Rating, Fixed Fixed Deposits Any NRI individual can open a fixed deposit account for which we offer various tenures at attractive interest rates. For further details, contact us.