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Fixed Deposits

Earn a higher interest rate, with more benefits and flexibility

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

  • Node Minus Alt
    Applicant must hold a current, saving or call account with FAB
  • OR
  • Node Minus Alt
    Applicable for UAE residents and non-residents
  • OR
  • Node Minus Alt
    Salaried and non-salaried
  • OR
  • Node Minus Alt
    Completed Fixed Deposit application form
  • OR
  • Node Minus Alt
    Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
  • OR
Note: Additional documents may be required on a case-by-case basis
  • Node Minus Alt
    AED 100 fee for premature withdrawal or early breakage of fixed deposit
  • OR
  • Node Minus Alt
    Customer should have an existing account for funding the Fixed Deposit. The Fixed Deposit will be opened in the same currency of the account and the proceeds will be credited to the same currency account
  • OR
  • Node Minus Alt
    Partial withdrawal is not allowed, but the Bank may, in its sole discretion, allow a premature withdrawal of the whole of the Fixed Deposit. The Customer accepts that by doing so, the Fixed Deposit may be subject to a lower interest and premature withdrawal fee
  • OR
  • Node Minus Alt
    In the case of a Fixed Deposit withdrawn in full within 7 days of booking the deposit, a fee of AED 100/- shall be payable by the Customer and the Customer shall not be entitled to any interest
  • OR
  • Node Minus Alt
    In the case of a Fixed Deposit withdrawn in full after 7 days of booking the deposit, a fee of AED 100/- shall be payable by the Customer and the effective premature withdrawal rate will be 50% of the published interest slab rate as on the date of booking the deposit, and not on the contract interest rate of the deposit. The tenure will be calculated basis the number of days the deposit was maintained, i.e., from the booking date to the premature withdrawal date
  • OR

Find out more about our Fees & charges - Rates

Terms and conditions apply.

Fixed Deposit Rates.

Key Facts Statements.

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For customers within the UAE For customers outside of the UAE
600 52 5500 +971 2 681 1511