If you are seeking to invest in a profitable investment with fixed amount of money for a specific period of time, you can visit us and get the KD Advanced Interest deposit that has different structure that fit to your needs.
Features & Benefits
- Minimum deposit amount is KD 15,000/- and maximum of KD 1,000,000/- per customer.
- Range of maturity is 3, 6, 9, 12, 15, 18 and 24 months.
- Customer receives a non-negotiable certificate of deposit.
- Fixed interest rate is stable during the deposit period.
- The interest paid in advance for the whole term of the Deposit and credited to another account identified by the customer ,The Deposit shall cease to earn interest after the maturity date.
- In case of premature closure , the bank will pay the principal amount less all interest paid.
- Deposit balance can be mortgaged against loan /credit card amount up to 90% in KD without losing the interest.
**Terms & Conditions Apply