RAKBANK Fixed Deposit
Minimum Balance AED
25,000
Currency
AED, USD &
2 more
Annual Return
1%
Features
Free Cash Withdrawals, Multiple Currencies &
2 more
To Speak to an advisor, Kindly Call +971-43233236
Email Us: sales@compare4benefit.com
AED, USD &
2 more
Free Cash Withdrawals, Multiple Currencies &
2 more
Enjoy attractive rates of interest and watch your money grow with our Fixed Deposits and Fixed Deposits Plus
Main Benefit: Multiple currency options available, Life Insurance cover with Fixed Deposit product
Points to Consider: There is a minimum deposit requirement
Main Benefit: With your RAKBANK fixed deposit you automatically receive free Life Insurance cover equivalent to the value of your Fixed Deposit*
Minimum Balance Requirement: AED 25,000
Fixed Deposit Rate:
| Balance Slab (in AED) | <3 Months | >=3 Months to <6 Months | >=6 Months to <12 Months | =1 Year to <2 Years | 2 Years | 3 Years |
| >=25K up to < 100K | 0.10% | 0.15% | 0.25% | 0.30% | 0.35% | 0.40% |
| >=100K up to < 500K | 0.10%
|
0.15% | 0.25% | 0.40% | 0.45% | 0.50% |
| >=500K up to < 1Mio | 0.15% | 0.20% | 0.35% | 0.50% | 0.55% | 0.60% |
| >=1Mio up to < 5Mio | 0.15% | 0.20% | 0.35% | 0.60% | 0.65% | 0.70% |
| >=5Mio up to 10Mio | 0.20% | 0.30% | 0.45% | 0.70% | 0.75% | 0.80% |
For Fixed Deposit Plus amounts below AED 25K and USD 10K and tenor below 1 Month, applicable interest rate is 0%.
Dedicated Relationship Manager: No
Monthly Fees: AED 0
Sharia Compliant: No
Salary Transfer Required: Not Compulsory
Currencies Account Available: AED USD GBP EUR
*Terms & Conditions Apply.
All info mentioned can change at any point in time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
