Fixed deposits are a popular savings option offered by banks and other financial institutions.
Interest rates in Dubai have been on the rise lately, and while this may be bad news for borrowers, it is great news for savers.
If you don’t want to create an account at Arab Bank UAE check out the List of Banks in Dubai and their classifications.
If you love banking from the convenience of your home then you should see how you can register for internet banking.
If you using an Android device it is best you check out the How to download and register for Arab Bank UAE mobile banking app on Android but if you are using an iPhone you can check out How to download and register for Arab Bank UAE mobile banking app on iPhone.
They can provide a low risk, reliable way to grow your money, helping you work towards achieving your financial goals. In this article, we are going to look at how you can create a Fixed Deposit account at Arab Bank UAE.
To see all the bank’s branches go to this page Arab Bank UAE Branches or you can just check out Credit Cards offered by Arab Bank UAE.
Criteria to open a Fixed Deposit account at Arab Bank UAE
- Passport (for non-residents) or Emirates ID (for residents)
- Valid Residency Document
- Birth Certificate or Identification Document for Minors
- Utility Bill (Electricity, Water…)
- Leasing Contract
To open a savings account click here, but if it is a current account check it out here to also open a fixed account see.
Procedure to Open a Fixed Deposit account at Arab Bank UAE
There are two ways to open a Fixed Deposit account at Arab Bank UAE. You can do that by visiting the bank branch or registering online.
By visiting the bank branch
- Step 1: You should visit the bank branch with the required documents
- Step 2: Speak to the customer service rep about your intent to open a savings bank account
- Step 3: The customer service rep will assist you in filling out the forms and also answer all the questions you may have about opening a Savings Account.
- Step 4: You will be given an account number and all the relevant particulars about your account.
By registering online
- Step 1: Got the bank’s website via the URL https://www.arabbank.ae/
- Step 2: Scroll down the page and look for the
- Step 3: Then Click on the Online Application Form under the How to Apply section, a pop up will appear
- Step 4: Select FixedDeposit Account
- Step 5: Continue to fill Form asking you to input your personal details
- Step 6: Click Submit to complete the process
If you have any questions, then use the information on this page Arab Bank UAE Contact Details to contact the bank.