Date: 01 December 2018
Currency | AED |
Minimum Deposit Amount | Personal Account - AED 100,000 Commercial Account - AED 2.5 Million |
Tenor | 1 year, 2 years or 3 years' tenor |
Interest Rates | Interest paid at the time of full withdrawal (predefined) |
Early Redemption | Possible, no penalty on full early termination Interest paid on predefined rates |
Fixed Interest Rate | FFD offers customer competitive rates Rates flexibility and transparency with no hidden charges |
Overdraft Facility Against Deposit | Available against the deposit under lien |
Validity | For New To Bank funds only; rates valid until 10th December 2018 |