Secure. Predictable. Profitable.
Looking for a smarter way to grow your business funds with zero risk? The UBL Term Deposit Account is the ideal solution for business entities seeking stability, guaranteed returns, and peace of mind.
Invest a lump sum for a fixed period and lock in a competitive interest rate—ensuring your funds grow steadily, regardless of market fluctuations. At maturity, you’ll receive your full principal amount along with the assured profit earned over the tenure.
Key Features
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Minimum Deposit: AED 10,000 or USD/GBP 5,000.
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Available Currencies: AED & USD (GBP and EURO subject to bank approval).
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Flexible Terms: 1 month to 12 months.
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The interest rate remains the same throughout your term.
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Interest calculated at Daily basis and paid at Maturity of Term Deposit.
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Automatic Rollover option is available (Principal plus Interest or Principal only)
Premature Withdrawal Charge:
Premature withdrawals will incur the following charges: If withdrawn within the first 7 days, no interest will be paid and only the principal amount will be returned. For withdrawals after 7 days, interest will be paid up to the date of breakage, subject to applicable deductions:
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1.5% will be subtracted from the historical booking rate to the extent of the earned interest.
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If this results in the interest rate being lower than 0, only Deposit Amount will be paid.
For Key Fact Statement of Term Deposit Account – Click Here
For Schedule of Charges – Click Here
For Declared Indicative Interest Rate Sheet – Click Here
Please refer to the current Schedule of Charges (SOC) for a complete list of applicable fees, service charges, and minimum balance requirement associated with the account. Any changes to the Schedule of Charges (SOC) will be communicated to customers with at least 60 days’ prior notice
To open your UBL Current Account:
Visit your nearest UBL UAE branch (list of branches) or call our 24-hour helpline 600 533335 (within UAE) or +971 600 533335 (outside UAE) for more details.