Fixed Deposit Account

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

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.

Enjoy flexibility

With Fixed Deposit, enjoy the convenience of flexible time periods from just seven days to one year. The choice is yours.
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
Simple one step booking process
Available for minors
A minor can apply for a Fixed Deposit along with a guardian.
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 USD 3,000 or GBP 2,500

Mashreq Account
Customers who already hold an active Current or Savings Account with Mashreq Bank
Age
Must be 18 years old and above. A minor (below the age of 18) can apply along with a guardian.

You will need

A valid passport with a residence visa page for all expatriates.
A valid Emirates ID
Absolutely no paperwork! Simply open the deposit account through Mashreq Online/Mashreq Mobile
Terms & Conditions, click here

Are you ready to apply?

Transparency

Terms & Conditions
Key Facts Statement
Deposit Rates

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%

Download Mashreq’s Mobile App

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