CBD Step-Up Time Deposit

Last Updated on 07 February 2019

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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CBD Bank

Step-Up Time Deposit

Interest Rate

4%

Min Balance to Maintain

AED 10K

Monthly Fee

AED 0

Relationship Manager

No

No

CBD
interest rate

4%

Interest Rate

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

No

Relationship Manager

No

Currency Account

View details on bank page

Required Documents

  • Valid passport with UAE residence visa and Emirates ID
  • Power of Attorney
  • Address proof
  • Details of Ultimate Beneficial Owners
  • Bank Reference Letter and Company Profile
  • Trade License
  • Memorandum of Association
  • Partnership Agreement

Main Benefits

  • Available for UAE nationals, expatriates and non-residents
  • Required to do minimum deposit of AED 5,000
  • Flexible tenures
  • Overdraft facility of up to 90% of fixed deposit
  • Simple documentation
  • You can enjoy more convenience and higher interest rates by opening a fixed deposit through Personal Internet Banking

CBD

Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:

  • Authenticity
  • Simplicity
  • Partnership
  • Innovation
  • Responsibility
  • Excellence

   Get in touch with CBD Customer Care

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