Accounts

Fixed Deposit Account

Achieve your financial goals sooner with a high rate, flexible term Fixed Deposit

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Features:

  • AED 10,000 minimum deposit
  • Other terms are available, for tenures from one month, with a minimum deposit of AED 10,000
  • Open multiple accounts in all major currencies (AED, USD, EUR, GBP)
  • Secured overdraft facility available up to 90%, subject to approval
  • Interest paid monthly or annually
  • Fixed deposits can be opened by individuals and entities 

View applicable fees and charges. 

Supporting documents:

  • Your original passport (with at least 3 months validity)
  • Valid Visa for expatriates
  • Labour Card or a valid Emirates ID for UAE nationals
  • Proof of address (Bank Statement, Utility Bill, Tenancy Contract, Salary Certificate or Salary Transfer Letter)
  • You must be a current or savings account holder with us to qualify for this account

Terms & Conditions: 

  •  Existing customers can avail this rate on receipt of new funds only.
  •  Limited time offers.
  •  Other T&C’s may apply.

Please note: Irrespective of the product being applied for, CBI’s new customer onboarding criteria will apply:

 

   Personal Banking 

   Minimum salary of AED 15,000; OR

   Minimum relationship balance of AED 70,000; OR

   Any Home Loan up to value of AED 2,000,000

   CBI First - Priority Banking

   Minimum salary of AED 50,000; OR

   Minimum relationship balance of AED 300,000; OR

   Any Home Loan value over AED 2,000,000

    • Warning: Partial withdrawals or early redemption of a Fixed / Call Deposit may result in reduced interest or no interest being paid on the amount withdrawn.
    • Warning: If a loan or other credit facility is secured by a Fixed Deposit, you will not be able to access the deposit funds until the loan or credit facility is fully settled.
    • Warning: Failure to comply with the Bank’s terms and conditions, before or during your relationship with us, may lead to consequences including, but not limited to, restrictions, blockage, or closure of your Fixed / Call Deposit and/or linked accounts.
    • Warning: The Bank may apply any credit balance held in your name, in any account or branch, toward any outstanding obligations or amounts due.
    • Warning: For Fixed / Call Deposit, the interest rate will be adjusted in line with prevailing market rates at the intervals agreed upon at the time the deposit is booked.
    • Warning: Premature withdrawal of the fixed deposit before its maturity date will be subject to a withdrawal charge as determined by the Bank.

Ways to Bank

FAQ's

Fixed Deposits

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Commercial Bank International P.J.S.C is regulated by the Central Bank of the United Arab Emirates