Bank Accounts in the UAE
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The fixed deposit account is simple to open for the existing customers of the ADCB bank. The ADCB fixed deposit offers guaranteed interest and flexible tenures.
Following are the features and benefits of the ADCB fixed deposit account:
The eligibility criteria of the fixed deposit account in the ADCB bank involve:
The below requirements are essential to open a fixed deposit account with ADCB Bank in the UAE:
In order to open a Fixed Deposit Account with ADCB Bank:
The customer must visit the nearest branch of the ADCB bank in order to close the fixed deposit account in the UAE.
Q.1. Do I have to be a customer of the ADCB bank to open a fixed deposit?
Ans: Yes, you should have a Current or Savings account with the ADCB bank to open a fixed deposit account.
Q.2. Will I get any reward for opening a fixed deposit account with the ADCB bank?
Ans: Yes, you will be rewarded with touchpoints for every AED 10,000 deposit. The touchpoint awarded will depend on the tenure of the fixed deposit too.
Q.3. What are the tenures for the ADCB fixed deposit?
Ans: The Fixed deposit tenures are available in the months and the days. The monthly tenures are 1,2,3,6,9,12 and 13. The flexible tenures for days are 50, 75, 100, 150, 200, 375, 400 and 500.
Q.4. What is the profit rate of the IB Century Fixed ADCB Deposit?
Ans: The profit rate of the IB Century Fixed Deposit is up to 3.15%.
Q.5. What is the minimum AED required to open a Fixed ADCB Deposit?
Ans: The minimum balance required for the fixed deposit is AED 5000.
Q.6. What is the minimum USD required to open a Fixed ADCB deposit?
Ans: The minimum balance required for the fixed deposit in USD is 1500.
Q.7. What is the ADCB Fixed Deposit rate of the Premium Fixed ADCB Deposit?
Ans: The profit rates for the Premium Fixed Deposit differs for the onshore and offshore accounts. The onshore account holder can earn a profit rate up to 2.70%. Meanwhile, the offshore account holder can earn a profit rate up to 2.10%.
Q.8. Will I be charged if I make a premature withdrawal?
Ans: You will be charged 1% per annum for the premature withdrawal.
Q.9. What is the contact number of the ADCB Bank customer support?
Ans: You can contact the customer support of the bank at 600 50 2030.
Q.10. What is the ADCB fixed deposit interest rate of the Offshore Century Fixed Deposit and the Term deposit?
Ans: The profit rate of the Offshore Century Fixed Deposit is up to 2.55% in USD. Meanwhile, the profit rate of the term deposit is up to 2.35% in USD.