Fixed Deposit Plus

ACCOUNT FEATURES

Better interest. Better returns.

If you want an easy way to grow your savings, then this account is for you.

Active Fixed Deposit customers can find their information here.

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Available for everyone

Individuals and businesses

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payments

Flexible tenures

For large and small amounts

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Attractive interest rates

Based on your deposit amounts

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Minimum Amount

Currency	Minimum Amount
AED	25,000
USD	10,000

Interest rates

Interest Rates (% p.a.)— AED

Amount	≥1 Month to <3 Months	≥3 Months to <6 Months	≥6 Months to <12 Months	≥12 Months to <18 Months	≥18 Months to <24 Months	2 years	3 years
≥25K to <100K	0.10%	0.15%	0.25%	0.30%	0.30%	0.35%	0.40%
≥100K to <500K	0.10%	0.15%	0.25%	1.25%	1.25%	2.00%	2.10%
≥500K to <1M	0.15%	0.20%	0.35%	1.25%	1.25%	2.00%	2.10%
≥1M to <5M	0.15%	0.20%	0.35%	1.25%	1.50%	2.00%	2.10%
≥5M up to 10M	0.20%	0.30%	0.45%	1.25%	1.50%	2.00%	2.10%

Interest Rates (% p.a.) — USD

Amount USD	≥1 Month to <3 Months	≥3 Months to <6 Months	≥6 Months to <12 Months	≥12 Months to <18 Months	≥18 Months to <24 Months	2 years	3 years
≥10K to <25K	0.03%	0.05%	0.10%	0.20%	0.20%	0.25%	0.30%
≥25K to <200K	0.03%	0.05%	0.10%	1.25%	1.25%	2.00%	2.10%
≥200K to <600K	0.05%	0.10%	0.15%	1.25%	1.25%	2.00%	2.10%
≥600K to <1.5M	0.05%	0.10%	0.15%	1.25%	1.50%	2.00%	2.10%
≥1.5M up to 2.72M	0.10%	0.15%	0.20%	1.25%	1.50%	2.00%	2.10%

Note:

No interest applicable for Fixed Deposit Plus amounts below AED 25K and USD 10K and for tenure below 1 month.
Above rates are quoted on a per annum basis and are subject to change without prior notice.
For deposit amounts in excess of AED 10M or USD 2.72M, please contact your Relationship Manager or visit any RAKBANK branch.

Fixed Deposit Plus Calculator

How to use this calculator

Choose your preferred currency
Enter the amount you wish to deposit
Select how long you will hold this deposit in the account
Click on "Calculate"

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Deposit amount

Tenure (in months)

Interest rate (p.a.)

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Disclaimer
Estimated interest amount shown above is for illustration purpose only. Actual interest amount applicable may vary based on the actual balances maintained in your account, interest rate, interest period and as per product terms and conditions.