| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
QIB Time Deposit Accounts
|
Minimum Balance: QAR 10,000 | Annual Fee: QAR 0 | Internet Banking: No | Features: Sharia Compliant, Deposit Account |
QIB Time Deposit Accounts Features:
- Time Deposits are available in different major currencies such as (QAR, USD, Euro and GBP)
- Option to select the duration of your choice: 1 month, 3 months, 6 months, 1 year, 3 years or 5 years
- Returns are Shari'a-compliant
- High returns on deposits
- Returns distributed quarterly
- Deposit is automatically renewed unless instructed otherwise
- No fees on locking deposit and it remains at disposal
- You may be eligible for bank financing and entitlement to a credit card guaranteed by the deposit
- 3 months: 1%
- 6 months 1.2%
- 12 months 1.25%
- You can apply at the nearest branch by filling out a form, supplying your signature (on the signature card)
- Copy of your ID (for Locals & Expats)
- Copy of Passport (for Expats)
