Fixed Deposit Account
Attractive rates of interest & flexibility
Enjoy freedom to withdraw anytime
7 days – 1 year
Flexible time periods
Free secured credit card & overdraft
With access to funds
Easy withdrawal
Anytime
Enjoy flexibility
With Fixed Deposit, enjoy the convenience of flexible time periods from just seven days to one year. The choice is yours.
Access to funds when you need them
Enjoy your free secured Credit Card with limit up to the deposit value or an overdraft of up to 95% of deposit value for emergency needs. You can also withdraw your Fixed Deposit at any time.
Easy withdrawal
Withdraw your Fixed Deposit (FD) at any time. Then, 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 & flexibility
Your Fixed Deposit Account from Mashreq offers the attractive rates of interest that you’d expect, together with the added flexibility of being able to draw on your funds at any time through an overdraft facility or a secured credit card.
Free secured credit card with limit up to the deposit value or an overdraft of up to 95% of deposit value
Invaluable for emergencies
Accounts available to minors
A minor can apply for a Mashreq Fixed Deposit Account along with a guardian. Customers must already hold a Current or Savings Account with Mashreq Bank.
Free Online, Mobile & Telebanking access
It’s good to know there are several methods to access funds wherever you are in the world.
Eligibility
Minimum investment
AED 10,000 or equivalent in USD, GBP or Euros.
Other requirements
A Current or Savings Account with Mashreq is mandatory
Age
A minor can apply along with a guardian.
You will need
A valid passport with a residence visa page for all expatriates.
A valid Emirates ID
Go to Mashreq Online and open a Fixed Deposit account with a click or fill in the application form
Terms & Conditions, click here.
Are you ready to apply?
Still got questions?
- The minimum amount is AED 10,000 or equivalent in USD, GBP or Euros.
- A Fixed Deposit can be invested in all major currencies -AED, USD, GBP, Euro.
- A minor can apply along with a guardian.
- No. The customer must have a Current or Savings account with Mashreq Bank
Interest rate Premature Withdrawal Rate Overdraft Against Fixed Deposit For Interest Rates, please contact us on +9714 424 4444 Rate of actual tenor, less 2% Competitive interest rates. please contact us please contact us on +9714 424 4444
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