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 one of our KD fixed deposits that has different structure that fit to your needs.
Features & Benefits
- Minimum fixed deposit amount is KD 5,000 , USD 15,000 , GBP 15,000 and Euro 15,000 with no maximum.
- Range of maturity starting from 1 month to 24 months for KD deposit and from 1 month to 12 months for Foreign Currency deposit.
- Flexible range of maturity of 1 week, 2 weeks and 3 weeks for minimum of fixed deposit balance that should be KD 25,000/- and above or what is equivalent to main foreign currencies.
- For deposit which its amount is above KD 250,000/- or equivalent in foreign currency and range of maturity more than maximum for each currency, Dealing room approval should be provided.
- Customer receives a non-negotiable certificate of deposit.
- Fixed interest rate is stable during the deposit period.
- Interest will be paid on maturity date only in the account designated by the customer (Depends on at term deposit renewal customer’s instruction).
- Premature cancellation / closure of a Fixed Deposit will relieve the Bank from the obligation to pay interest.
- Deposit balance can be mortgaged against loan/credit card amount up to 90% in KD and 80% in foreign currency without losing the interest.
- Renewal facilities available upon customer's instructions.
- For rates simulation, Click Here..!
**Terms & Conditions Apply