Sharjah Islamic Bank Fixed Deposits-1 month
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.
Fixed Deposits-1 month
- Applicant should be 18 years & above
- Passport and valid residence Visa
- UAE National ID
- A minimum deposit amount of AED 10,000 for individuals and AED 50, 000 for companies
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Frequently Asked Questions
⭐ How can I apply for SIB Fixed Deposits-1 month scheme?
A. You can apply it through this application form
⭐ What is the minimum initial balance required for opening a SIB Fixed Deposits-1 month scheme?
A. For individuals, minimum deposit AED 10,000 & for companies AED 50,000 is required.
⭐ Who can avail the SIB fixed deposits-1 month scheme?
A. This scheme is available for individuals & businesses.
⭐ Does this scheme come under Sharia Compliant?
A. Yes. This scheme comes under Sharia Compliant.
⭐ Do we get any notification of this account activity?
A. Yes, you can get SMS notifications on any account activity.
⭐ Is there any facility of Online Banking Services?
A. Yes. This account provides its online banking services.
⭐ Do we get any eStatement of this account?
A. Yes. This account offers free e-Statement every 6 months.
⭐ What is the interest rate we get on a SIB Fixed Deposit-1 month account?
A. The interest rate on this account is 0.8% p.a.
Established in 1975 through an Amiri decree, the bank was initially known as the National Bank of Sharjah. In 2002, the bank was the first bank to convert to Islamic Banking and was renamed as Sharjah Islamic Bank (SIB). SIB has a Vision 'to be the bank of choice, delivering creative customer solutions based on Islamic principles of partnership, trust & equality for all’. The values followed by them are :
- Bonding and Harmony
- Learning and Self Development
- Social Responsibility
- Creativity and Innovation
Get in touch with Sharjah Islamic Bank Customer Care