Flexi-To apply Component:

Flexi Long Term Deposit Account

Highest EARNINGS the way you want!

Enjoy the highest earnings with flexible returns on your deposit with our Flexi Long Term Deposit (Investment Wakala) multi- currency account.

- Deposit tenor of 24 and 36 months
- Minimum Deposit amount AED 200,000 or USD 50,000
- Maximum Deposit amount AED 100,000,000 or USD equivalent
- Profit Payment Frequency: Monthly, Quarterly, Semi Annually, Annually or at Maturity
- Up to 70% Finance credit limit against the deposit amount

Minimum Deposit
AED 200,000
Profit Rate (p.a)
4.10%*

Benefits:

4.10%* Highest Expected Returns
Up to 70% Finance against your Deposit
Monthly, Quarterly, Semi Annual or Annual Profit Payment Frequency
USD or AED Currency Deposit

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Warning: 1- If you break the deposit before the original maturity date, you may lose the partial or full applicable profit on the deposit 2- If your deposit is linked with other finance(s) and you do not keep the repayments/payments on time then; the bank shall have the right, at any time and without permission from you, to liquidate any of your deposit account, to recover the finance liability, any installment(s) or any amount due towards the bank

Flexi Long Term Deposit Expected Rates (p.a) - AED & USD
Tenor/ Profit Payment Frequency	Monthly	Quarterly	Semi Annual	Annual	At Maturity
2 Years	3.00%	3.25%	3.50%	3.75%	4.00%
3 Years	3.10%	3.35%	3.60%	3.85%	4.10%

Premature Withdrawal - Profit Payout will be as follows:

Premature Withdrawal - Profit Payout will be as follows:
a) Deposit liquidation within 6 months: 0% of the declared profit ( no profit payout)	b) Deposit liquidation 6 months and after: 25% of paid and accrued profit	c) Any credit facility availed against the deposit will be settled from the original/principal deposit amount	d) Claw back/ Recover any advance profits paid will be recovered from the original/principal deposit amount