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Account Features

Perfect deposits for individuals and businesses

Our Fixed Deposit Account offers competitive rates for amounts starting from AED 25,000 or USD 10,000. Whether you’re an individual looking to invest your money or a company seeking the best deposit account for your business, this account is your gateway for that goal.

Interest Rates

Competitive rates, big returns

Enjoy market-leading interest rates on our deposit products.

Want to learn more about our deposit interest rates? Simply reach out to your Relationship Manager /Virtual Relationship Manager or visit the RAKBANK branch nearest to you. We’d be more than happy to assist you.

Fixed Deposit

Interest Rate Fixed Deposit % p.a. - AED

Amount ≥ 1Months to < 3 Months ≥ 3 Months to < 6 Months ≥ 6 Months to < 12 Months = 1 year to < 2 years 2 years 3 years
≥ 25K to < 100K 0.05% 0.10% 0.15% 0.20% 0.25% 0.30%
≥ 100K to < 500K 0.05% 0.10% 0.15% 0.30% 0.35% 0.40%
≥ 500K to < 1Mio 0.05% 0.10% 0.25% 0.40% 0.45% 0.50%
≥ 1M to < 5M 0.05% 0.10% 0.25% 0.50% 0.55% 0.60%
≥ 5M up to 10M 0.10% 0.20% 0.35% 0.60% 0.65% 0.70%

 

 

Interest Rate Fixed Deposit % p.a. - USD

Amount ≥ 1Months to < 3 Months ≥ 3 Months to < 6 Months ≥ 6 Months to < 12 Months = 1 year to < 2 years 2 years 3 years
≥ 10K to < 200K 0.03% 0.05% 0.10% 0.20% 0.25% 0.30%
≥ 200K to < 600K 0.05% 0.10% 0.15% 0.20% 0.25% 0.30%
≥ 600K to < 1.5M 0.05% 0.10% 0.15% 0.30% 0.35% 0.40%
≥ 1.5M to < 2.72M 0.10% 0.15% 0.20% 0.40% 0.45% 0.50%

 

 

Benefits

Get more from your deposit account

24/7 Phone Banking with RAKDirect

24/7 Phone Banking with RAKDirect

RAKBANK App: Digital banking on the Go

RAKMobile: Digital banking on the Go

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RAKBANK App

Bank on the go anytime, anywhere

Discover the RAKBANK App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

App Store
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