Last Updated on 09 August 2021

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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Mashreq Fixed Deposit Account

Mashreq Bank

Fixed Deposit Account

Min Balance to Maintain

AED 10K

Relationship Manager

Yes

Mashreq
min balance

AED 10K

Min Balance to Maintain

relationship manager

Yes

Relationship Manager

View details on bank page

Features

  • Should have a savings or current account in the Mashreq bank
  • Original passport is required for verification
  • Minimum investment of AED 10,000 is required

Main Benefits

  • Can withdraw the deposit anytime
  • Flexible tenure
  • Can get a free credit card
  • Higher returns
  • Can invest foreign currencies also

Frequently Asked Questions

⭐ Are Non-Residents eligible to deposit?

A. Yes, non-residents are eligible to invest in Mashreq Deposit account.

⭐ What is the minimum tenure provided?

A. The minimum tenure you can have your deposit is for 7 days.

⭐ What is the profit rate provided on early withdrawal?

A. On early withdrawal, the profit rates provided is 2% less than the original rate.

⭐ What is the credit limit on the credit card provided?

A. The deposited amount is provided as the maximum credit limit on the card.

⭐ Are minors eligible for this deposit?

A. Yes, minors with a guardian who holds a savings/current account in Mashreq Bank are eligible to apply.

⭐ Is it mandatory to have a savings or current account to get a fixed deposit account?

A. Yes, it is mandatory to have a savings/current account, if you want to get a fixed deposit account in Mashreq bank.

Mashreq

Mashreq Bank is a private sector bank established in 1967. It was started by Al-Ghurair Group and it also known as largest private sector bank. Mashreq Bank provides both retail and commercial services to their customers.

Mashreq provides a wide range of products and services that suits the needs of every customer. It works with an aim to provide their customers best banking experience and establish a good customer bank relationship. Mashreq Bank has marked its presence globally by starting their operations at regions like Bahrain, Egypt, Kuwait, Qatar. It also has branches in New York, Mumbai(India), London and Honk Kong.

   Get in touch with Mashreq Customer Care

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