Date: 02 May 2020
| Currency | UAE Dirham |
| Minimum Deposit Amount | AED 25,000 |
| Minimum Lock-in Period | One year with freedom to choose maturity between one, two and three years |
| Interest Rates and Payment | Step-up rates as per below table. Semi-annual payments |
| Early Redemption | Possible* |
| Credit Facility Against Deposit | Possible ** |
| Valid until | 31st May 2020 |
(1) Redemption: Redemption of the deposit before maturity is subject to a notice of at least two (2) UAE business days in writing. No interest paid if deposit is cancelled within 1 month. No penalty if deposit is canceled on any interest payment date, after 1 year. Otherwise the applicable penalty will be one percent on the interest rate applied.
(2) Credit Facility: Possible up to 90% of the deposit amount. The credit facility is secured against lien on the underlying deposit.
Guaranteed step-up interest rates
| Interest Period | Interest Rates Per Annum |
| 1st Semester | 1.20% |
| 2nd Semester | 1.40% |
| 3rd Semester | 1.70% |
| 4th Semester | 1.90% |
| 5th Semester | 2.10% |
| 6th Semester | 2.30% |
