Commercial Bank International – Aspire Savings Account
Minimum Salary
AED 0
Annual Return
0%
Minimum Balance Required
AED 0
Features
Dedicated Relationship Manager

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Fixed Deposit Account Features

Key Features:

  • Minimum Deposit: Start with a deposit of as little as AED 1,000.
  • Flexible Tenors: Choose from flexible saving periods ranging from 6 to 60 months.
  • Interest Rate: Attractive fixed interest rate.
  • Maturity Benefits: Receive the full value plus interest upon maturity.
  • Early Closure: No interest is payable if the account is closed before maturity.

Required Documents:

  • For All Applicants:
    • Original passport (valid for at least one month).
    • Valid Emirates ID.
    • Valid visa for expatriates.
    • Proof of address (e.g., bank statement, utility bill, employer’s letter, or tenancy contract).
  • For Accounts on Behalf of a Child:
    • Birth certificate or passport of the child.

Open a Fixed Deposit Account to enjoy attractive interest rates and flexible saving options. Ensure you have the necessary documents ready to start your deposit today!

Calculator Definitions

  1. Amount (Principal):The total sum of money borrowed. This is the initial amount loaned to the borrower.
  2. Rate (%):The annual interest rate applied to the borrowed amount. This rate, also known as the Annual Percentage Rate (APR), will be calculated in this example.
  3. Years (Term):The original duration of the loan or financial product, expressed in years.
  4. Effective Monthly Payment:This is the monthly payment amount that includes the principal, interest, fees, and other costs associated with the loan. This comprehensive payment figure is used to calculate the APR.
  5. Calculated Annual Percentage Rate (%):The APR reflects the annual cost of borrowing, including the interest rate plus any additional fees and costs. This comprehensive rate allows for a more accurate comparison of different financial products with varying interest rates and fee structures. The APR may vary between financial institutions.
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Minimum Salary
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Annual Rate
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