NBAD Fixed Deposit Account

A flexible and convenient way to manage and make your savings work harder

NBAD Fixed Deposit Account

Deposit funds with attractive rates for set periods of time to suit you


  • Flexible tenures from 1 week to 12 months
  • Available in all leading currencies: AED, USD, GBP and EUR
  • Top up a fixed deposit based on a standing instruction from another account

Flexible, fixed deposit account with a range of features

  •   Interest bearing and fixed tenure

  • Denominated in AED as well as most major foreign currencies

  • Fix the deposit term from 1 week to 12 months as per your request

Fixed Deposit Calculator

Calculate the interest gained on your deposit, based on the tenure of your account

Fixed Deposit Calculator


  • Must have an NBAD current or savings account
  • Applicable for UAE residents and non-residents
  • Salaried and non-salaried customers are eligible
  • Minors are eligible but the account must be opened and operated by their guardian

Subject to bank approval
Terms and conditions apply

Required documents

  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)

Note: Additional documents may be required depending on case-by-case basis at the sole discretion of the Bank

Fees and charges

Charge Description
Frequency Value
Account Service
Period   1 week to 1 year
Currencies   In local and all major currencies
Minimum Balance Requirment (Local Currency) Monthly AED 5,000
Minimum Balancce Requirment (Foreign Currency)
Monthly USD 1,500 or equivalent
Initial Minimum Deposit Monthly AED 5.000 or equivalent
Deposit in currency notes other than US$ Per deposit Flat 1% (min AED 10 or equivalent)
Deposit in currency notes US$ up to US$ 5000 in a day Per deposit
For amount above US$ 5000 Per deposit Flat 1% (min AED 10 or equivalent)
Withdrawals in currency notes Per withdrawal Flat 1% (min AED 10 or equivalent)
Premature withdrawal  

Penalty applied will be 50% of the interest rate applicable for the period the fixed deposit has been maintained up to a maximum of 1% + AED 50 (penalty charge may change from time to time).

For Example:

If the 'revised interest rate' is 0.8 %, the 'foreclosure penalty rate' applicable will be automatically calculated as 0.4 % and the customer will be given 0.4%

If the 'revised interest rate' is 2.6 %, the 'foreclosure penalty rate' applicable will be automatically calculated as 1% and the customer will be given 1.6%

Discover NBAD products to suit you

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Ways to Apply

Visit a Branch

Talk to our experts about your banking needs

Phone Us

Lines Open 24/7

UAE Helpline

600 56 6223

International Helpline

+971 2 635 8001

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