FAB
Fixed Deposits

Minimum Deposit AED 5000

Top Reasons To Choose

Flexible tenures from one week to 12 months
Attractive interest rates
Joint ownership allowed
Available in all major currencies
4.25% on deposits above 5M AED for a tenor of 12 months

Things To Be Aware Of

AED 100 fee for premature withdrawal or early breakage

Reward/Deposit Features

Flexible tenures from one week to 12 months
Attractive interest rates
Minimum deposit, AED 5000 or USD 1500 (or an equivalent amount in any other currency)
Available in all major currencies
Joint ownership allowed

Eligibility

Applicant must hold a current, saving or call account with FAB
Applicable for UAE residents and non-residents
Salaried and non-salaried
Minors are eligible, but deposit account must be opened and operated on the instruction of the minor’s father or court appointed guardian

Documents Required

Completed Fixed Deposit application form
Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)

Note: Additional documents may be required on a case-by-case basis

Detailed Features

Flexible tenures from one week to 12 months
Attractive interest rates
Minimum deposit, AED 5000 or USD 1500 (or an equivalent amount in any other currency)
Available in all major currencies
Joint ownership allowed

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