| Minimum Deposit Required | Annual Return | Annual Fee | Choice of Terms | Features | |
|---|---|---|---|---|---|
Commercial Bank of Dubai - Step-Up Time Deposit
|
Minimum Deposit Required: AED 10,000 | Annual Return: 4% | Annual Fee: AED 0 | Choice of Terms: Maximum of 720 days | Features: Phone Banking |
Features
- Earn up to 4% interest rate
- Starting from as low as AED 10,000
- Available in AED (dirhams) only
- Interest accrued on daily basis and credited on liquidation or maturity
- Fixed tenor for 720 days
- Instant opening through CBD Online Banking for CBD customers
Eligibility Criteria
If you are UAE National or UAE resident and minimum 18 years of age.
Documents Required
- Completed deposit application form.
- National ID or valid passport, residence visa and Emirates ID.
