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.
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 Bank of Sharjah.
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 want details on How to Open a Bank of Sharjah Account Online and to know more about their accounts check out the Types of accounts offered by Bank of Sharjah.
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.
Criteria to open a Fixed Deposit account at Bank of Sharjah
- Completed account opening form
- Valid original passport
- Valid residency visa (for UAE residents)
- Valid Emirates ID (for UAE residents)
- Filled FATCA W8/9 and CRS forms
If you using an Android device it is best you check out the How to download and register for the Bank of Sharjah mobile banking app on Android but if you are using an iPhone you can check out How to download and register for the Bank of Sharjah mobile banking app on iPhone.
Procedure to Open a Fixed Deposit Account at Bank of Sharjah
There are two ways to open a Fixed Deposit account at Bank of Sharjah. 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.
To see all the bank’s branches go to this page Bank of Sharjah Branches or you can just check out Credit Cards offered by Bank of Sharjah.
By registering online
- Step 1: Got the bank’s website via the URL https://www.bankofsharjah.com/en/account/personal/1
- Step 2: Scroll down the page and fill out the Form asking you to input your personal details
- Step 3: Click Proceed to continue the process
- Step 4: Follow the on-screen process to complete the process
If you have any questions, then use the information on this page Bank of Sharjah Contact Details to contact the bank.