Abu Dhabi Bank is one of the best bank for fixed deposit savings. The interest rate can go as high as 12% per annum depending on the amount you are saving.

FIXED DEPOSIT ACCOUNT

Key Features and Benefits

  • Open to UAE nationals, expatriates and non-residents
  • Available in UAE Dirhams, US Dollars, British Pounds and other currencies
  • Minimum deposit of AED 5,000 or its equivalent in respective currencies
  • Flexible tenures in months: 1, 2, 3, 6, 9, 12, 13 and days: 50, 75, 100, 150, 200, 375, 400, 500
  • Enjoy an attractive interest rate on ADCB Online Century Deposits
  • Overdraft facility of up to 90% of fixed deposit to meet any immediate needs
  • Simple documentation

Interest Rates

ADCB Online Century Deposits

Earn attractive interest rates of up to 4.60% per annum on Fixed Deposits. For further details, please refer below table

Tenure AED
Interest rates per
annum
USD
Interest rates per
annum
50 days 4.00% 4.00%
75 days 4.10% 4.10%
100 days 4.15% 4.15%
150 days 4.20% 4.20%
200 days 4.25% 4.30%
375 days 4.40% 4.50%
400 days 4.40% 4.60%
500 days 4.60% Not Available

*Interest rates are per annum and subject to change. Minimum deposit amounts are AED 5,000 and USD 1,500 (as applicable)

Enjoy the ease and convenience of opening an ADCB Online Century Deposit through your ADCB Mobile Banking App or ADCB Personal Internet Banking.

Onshore IB Century Fixed Deposits

Earn attractive interest rates of up to 4.50% per annum on Fixed Deposits. For further details on IB Century Fixed Deposits*, please refer below table

Tenure AED
Interest rates per
annum
USD
Interest rates per
annum
50 days 3.90% 3.90%
75 days 4.00% 4.00%
100 days 4.05% 4.05%
150 days 4.10% 4.10%
200 days 4.15% 4.20%
375 days 4.30% 4.40%
400 days 4.30% 4.50%
500 days 4.50% Not Available
730 days 3.65% 3.75%

*Interest rates are per annum and subject to change. Minimum deposit amounts are AED 5,000 and USD 1,500 (as applicable)

Advantage Fixed Deposits

Earn attractive interest rates of 4.50% per annum on Advantage Fixed Deposits* for a tenor of 13 months. For further details, please refer below table

Tenure AED
Interest rates per
annum
1 Month 3.90%
3 Month 4.05%
6 Month 4.15%
9 Month 4.30%
12 Month 4.40%
13 Month 4.50%

*Interest rates are per annum and subject to change, Minimum deposit amount is AED 50,000

Eligibility criteria

  • Available to UAE nationals, residents and non-residents
  • Available to all ADCB customers with an active Current or Savings account in AED, USD, GBP and other major currencies
  • Minimum deposit of AED 5,000 or its equivalent in respective currencies

TouchPoints

TouchPoints will be awarded if your deposit amount is AED 100,000 or more. The number of TouchPoints earned will vary according to the tenure of the deposit:

Tenure (TouchPoints Paid on maturity) TouchPoints for every AED 10,000*
1 month 10
2 months 20
3 months 40
6 months 100
12 months and above 300

* TouchPoints are not awarded for Advantage Fixed Deposit.

UPFRONT INTEREST DEPOSIT

Keep in mind

  • No interest (0% interest rate) shall be paid if pre-maturely closed before 6 months of booking Upfront Interest Deposit. Interest paid in advance will be recovered fully when redeemed from the linked account.
  • If pre-maturely closed at 6 months or beyond, 1% less than the corresponding tenor interest rate for which the deposit has stayed with the Bank will be applicable. The difference in the interest amount will be recovered from the linked account when redeemed.
  • Partial withdrawal of the deposit amount is not allowed
  • Interest is credited upfront into customer’s Current / Savings Account linked to Upfront Interest Deposit at the time of booking the deposit. Auto renewal of Upfront Interest Deposit (if opted) will be done at then prevailing interest rate and original tenor.

Keep in mind

  • No interest (0% interest rate) shall be paid if pre-maturely closed before 6 months of booking Upfront Interest Deposit. Interest paid in advance will be recovered fully when redeemed from the linked account.
  • If pre-maturely closed at 6 months or beyond, 1% less than the corresponding tenor interest rate for which the deposit has stayed with the Bank will be applicable. The difference in the interest amount will be recovered from the linked account when redeemed.
  • Partial withdrawal of the deposit amount is not allowed
  • Interest is credited upfront into customer’s Current / Savings Account linked to Upfront Interest Deposit at the time of booking the deposit. Auto renewal of Upfront Interest Deposit (if opted) will be done at then prevailing interest rate and original tenor.

Interest Rates

Tenure Interest rates per
annum
3 months 4.00%
6 months 4.05%
9 months 4.10%
12 months 4.20%
18 months 4.40%
24 months 3.60%
30 months 3.60%
36 months 3.65%

Eligibility

  • UAE nationals, residents and non-resident customers
  • To open an Upfront Interest Deposit, you should first have an ADCB Current, Savings or Call Account

REGULAR INTEREST DEPOSIT

Keep in Mind

  • Interest is credited based on the chosen payment period into the Current or Savings Account linked to the Regular Interest Deposit at the time of booking the deposit.
  • Auto renewal of Regular Interest Deposit (if opted) will be done for the same tenure at the prevailing interest rate.
  • No interest (0% interest rate) shall be paid if the deposit is prematurely closed within 3 months of booking Regular Interest Deposit. Interest paid will be recovered in full from the linked Current or Savings account if applicable.
  • If the deposit is prematurely closed after 3 months, then 1% per annum less than the applicable interest rate for the actual tenor will be payable for the actual number of days the Fixed Term Deposit has stayed with the Bank. The difference in the interest amount will be recovered from the linked account when redeemed.
  • Please note calculation of the interest is done using the “Actual/360” convention

Key Features and Benefits

  • Available in UAE Dirhams with minimum deposit amount of AED 25,000
  • Receive regular income at periodic intervals of your choice (i.e. Monthly, Quarterly or Semiannually)
  • Earn attractive interest rates of up to 4.10% per annum for a maximum tenor of 18 months
  • Fulfill evolving financial needs with a wide range of deposit tenors, starting from 3 to 18 months
  • Utilize your income towards mortgage repayments, retirement planning needs or simply re-invest into another savings vehicle
  • Principal and interest earned are guaranteed if maintained until maturity.

Interest Rates

Tenure Interest Rates (per annum)
3 months 4.00%
6 months 4.05%
9 months 4.10%
12 months 4.20%
18 months 4.50%

TouchPoints

TouchPoints will be awarded if your deposit amount is AED 100,000 or more. The number of TouchPoints earned will vary according to the tenure of the deposit:

Tenure (TouchPoints Paid on maturity) TouchPoints for every AED 10,000*
1 month 10
2 months 20
3 months 40
6 months 100
12 months and above 300

Eligibility

  • Available to UAE nationals, residents and non-residents
  • Available to all ADCB customers with an active Current or Savings account



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February 3, 2024

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