Fixed Deposit Account
Attractive rates of interest & flexibility
Enjoy freedom to withdraw anytime
7 days – 1 year
Flexible time periods
Available in Foreign Currency
USD & GBP
Easy booking & withdrawal
Through Mashreq Online or Mashreq Mobile
Enjoy flexibility
Available in Foreign Currency
Fixed Deposits can be booked in not just AED, but in USD & GBP currencies too. Competitive interest rates available.
Easy booking & withdrawal
Book and withdraw your Fixed Deposit (FD) at any time. For early withdrawal, the rate of interest shall be calculated at minus 2% of the rate of interest applicable for the completed tenure. No interest will be paid if the interest of the completed tenure of the FD is 2% or less.
Attractive interest rates & tenures
Fixed Deposit from Mashreq offers attractive rates of interest and is available for tenures ranging from 1 week to 1 year.
Existing Mashreq customers can invest through Mashreq Online/Mashreq Mobile
Available for minors
Free Online, Mobile & Telebanking access
Eligibility
Minimum investment
AED 10,000 or USD 3,000 or GBP 2,500
Mashreq Account
Age
You will need
Are you ready to apply?
Still got questions?
- The currencies available to apply for a Fixed Deposit are AED, USD & GBP
The minimum amount required to apply for a Fixed Deposit is AED 10,000 or USD 3,000 or GBP 2,500
- A minor can apply for a Fixed Deposit along with a guardian.
- You must have an existing Mashreq Current or Savings Account to apply for a Fixed Deposit.
Interest rate Premature Withdrawal Rate Please check on Mashreq Online/Mashreq Mobile or contact us on +9714 424 4444 Current rate of actual tenor, less 2%
You may also be interested in
Step-Up Saver Account
Step up your savings with higher returns combined with flexibility and convenience. Enjoy interest rates of up to 2.00%* per month. *Rates are subject to change
Accelerating interest month on month
Low premature withdrawal charges
Instant set up through Mashreq Online
Unfixed Deposit Account
A unique account divided into internal units of AED 1,000 allowing freedom to encash units when you need them.
Flexible time periods ranging from 6 months to 5 years
Easy booking & withdrawal through Mashreq Online or Mashreq Mobile
No pre-encashment fees