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RAKBANK Fixed Deposit Plus

Enjoy attractive rates of interest and watch your money grow with our Fixed Deposits Plus

  • Flexible tenors up to 3 years
  • Competitive Interest rates
  • Available for individuals and entities

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Currency Minimum Amount
AED 25,000
USD 10,000
Amount  1 to 2 Months 3 to 5 Months 6 to 11 Months 1 Year 2 Years 3 Years
Less than 100K 1.20% 1.50% 1.70% 2.10% 1.60% 1.70%
100K to 499K 1.40% 1.70% 1.90% 2.30% 1.80% 1.90%
500K and above 1.60% 1.90% 2.10% 2.40% 1.90% 2.00%

Rates effective from 1st October 2019

Above rates are quoted on per annum basis and are subject to change without prior notice.

Amount  1 to 2 Months 3 to 5 Months 6 to 11 Months 1 Year 2 Years 3 Years
Less than 25K 1.20% 1.50% 1.40% 1.50% 1.20% 1.20%
25K to 149K 1.40% 1.70% 1.60% 1.70% 1.40% 1.40%
150K and above 1.60% 1.90% 1.80% 1.90% 1.60% 1.60%

Rates effective from 1st October 2019

Above rates are quoted on per annum basis and are subject to change without prior notice.

If you have more questions, read our Fixed Deposit Plus FAQ

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