Unit Time Deposit Top Features Ultimate Flexibility Flexibility of withdrawals while continuing to earn agreed interest on the remaining deposit amount. Attractive Interest rates Earn attractive interest rate on your deposit. Tenures to choose Fixed Deposit tenure of 6 Months & 1 Year Minimum Deposit Amount Deposit starting at AED 100,000. Features and Benefits Unit Time Deposit starts from a minimum amount of AED 100,000.Available in two tenors: six months or one year.High interest income with flexibility of withdrawal in unit/s.Partial withdrawal permitted. Withdrawal amounts must be AED 10,000 and its multiple thereof.Continual interest at the agreed rate on the remaining deposit amount.Apply for the Unit Time Deposit and never worry about your money being “locked up”.Unit Time Deposit Terms and Conditions 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 DubaiLearn More Key Product Parameters Description Requirements Minimum Deposit Amount AED 100,000 Minimum Partial premature Withdrawal Amount AED 10,000 And its multiple thereafter Minimum remainder balance after partial premature Withdrawal Amount AED 10,000 Interest Rates ( Rates are fixed from time to time by Head Office – below mentioned rates are indicative and are subject to change) For Matured Deposits Tenor Interest Rates% p.a. 6 Months0.40% 1 Year 0.55% Interest Rates on premature withdrawn amounts: Deposit Booked for 6 M Tenor Period completed Unit Time deposit Interest rate % p.a. Unit Time deposit is not offered for these tenors. Hence the interest rates are provided for computing interest on premature withdrawal / unit withdrawal purpose only. 7 Days 0.00% 1 Month 0.00% >1 Month up to 2 Months 0.10% >2 Months up to 4 Months 0.15% > 4 Months - up to <6 Months 0.20% Deposit Booked for 1 Yr. Tenor Period completed Unit Time deposit Interest rate % p.a. Unit Time deposit is not offered for these tenors. Hence the interest rates are provided for computing interest on premature withdrawal / unit withdrawal purpose only. 7 Days 0.00% 1 Month 0.00% >1 Month up to 2 Months 0.10% >2 Months up to 4 Months 0.15% > 4 Months - up to <6 Months 0.20% =>6 months up to <1 year 0.30% Required Documents National ID or valid passport, residence visa and Emirates ID. Eligibility Criteria If you are UAE National, UAE resident or non-UAE resident and minimum 18 years of age; in case you are younger, your gaurdian must be associated as co-applicant. WARNING 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. Call usWithin UAE 600 575 556 Outside UAE +971 600 575 556 Visit us You are more than welcome to visit us. Find out your nearest branch. Select branch Jebal Ali BranchRas Al Khaimah BranchBaniyas BranchSheikh Zayed BranchAl Qusais BranchAjman Branch Al Ain Mall BranchMain BranchFujairah BranchSharjah BranchZayed The First, Abu Dhabi Branch Contact us We are always available for you, whether you have a query, suggestion or want to talk to us about our products and services. Contact Us Related Products Step-Up Time Deposit Make your money grow The longer you save, the more you earn. Learn more Esaver account Saving never got easier Open your account instantly and gain high returns with maximum flexibility. Learn more Deposits Earn safe returns Would you like to earn attractive returns on funds that are parked in the bank? Learn more Other links Budget and Track Online Banking Mobile Banking SMS Banking Phone Banking For your convenience and enhanced experience, the CBD Mobile App is available for download via your app store. You can start using the app by using your online banking user ID and password. Download the Mobile App Now Proceed to Online Banking
