Highlights
Flexible deposit tenures
Low minimum deposit
Multiple currencies
Features of the Time Deposit
Features and benefits
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Attractive rates.
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Available in all major currencies.
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Auto renewal facility.
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Advances are available.
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Premature encashment of Time Deposits allowed (subject to charges).
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Time Deposit Terms and Conditions
Time Deposit
Required documents
- Completed deposit request form.
- National ID or valid passport, residence visa and Emirates ID.
Eligibility criteria
| Time Deposit | Criteria |
|---|---|
| Age Limit | If you are UAE National, UAE resident or non-UAE resident and 18 years of age; in case you are younger, your gaurdian must be assoisiated as co-applicant. |
Relevant links
Key Facts Statement
We kindly request you to carefully read and understand this document if you are applying for a Deposit account from Commercial Bank of Dubai
Learn moreFees and charges
Learn moreImportant information
In case the customer prematurely liquidates their time deposit, they will not be eligible for any interest pay out. For complete product details and warnings, please refer to the Key Facts Statement document.
Our goal at CBD is to ensure that everyone has access to affordable banking solutions to help improve financial capability, promote savings, and build assets and wealth in the months and years to come.
To ensure you are not charged a monthly service fee on your account, please ensure you maintain a minimum monthly average balance of AED 5,000. This is waived if you transfer your salary to CBD (minimum salary transfer of AED 5,000 or more, effective 1 August 2024) or if you have a loan/finance with the bank.
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