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RAKBANK Fixed Deposit Plus

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

  • Competitive Interest rates
  • Available for individuals and entities
Currency Minimum Amount
AED 25,000
USD 10,000

Rates effective from 1st October 2020:

Amount  Less than 3 Months* 3 to 5 Months 6 to 11 Months 1 Year**
Less than 100K 0.10% 0.20% 0.40% 1.00%
100K to 499.99K 0.10% 0.25% 0.45% 1.00%
500K to 999.99K 0.15% 0.30% 0.50% 1.10%
1 Mio to 4.99 Mio 0.15% 0.35% 0.75% 1.25%
5 Mio up to 10 Mio 0.20% 0.40% 1.00% 1.50%

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.

For amounts in excess of AED 10 Mio, please contact your Relationship Manager or visit any RAKBANK branch.

*Fixed Deposit Plus is offered with a minimum tenor of 1 month.

**For 2 and 3 Years deposits, please contact your Relationship Manager or visit any RAKBANK branch.

Rates effective from 1st October 2020:

Amount  Less than 3 Months* 3 to 5 Months 6 to 11 Months 1 Year**
Less than 25K 0.08% 0.10% 0.15% 0.70%
25K to 199.99K 0.08% 0.10% 0.15% 0.75%
200K to 599.99K 0.10% 0.15% 0.20% 0.80%
600K to 1.49 Mio 0.10% 0.15% 0.20% 0.90%
1.5 Mio up to 2.72 Mio 0.12% 0.20% 0.25% 1.00%

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.

For amounts in excess of USD 2.72 Mio, please contact your Relationship Manager or visit any RAKBANK branch.

*Fixed Deposit Plus is offered with a minimum tenor of 1 month.

**For 2 and 3 Years deposits, please contact your Relationship Manager or visit any RAKBANK branch.

*Note: Verification Image text is case sensitive

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