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Fixed Deposits
Get more than you ever expected with RAKBANK Fixed Deposits!
With your RAKBANK Fixed Deposit, you not only enjoy attractive rates of interest but also peace of mind while watching your money grow safely.
More peace of mind
With your RAKBANK Fixed Deposit, you automatically receive free Life Insurance cover equivalent to the value of your Fixed Deposit*. That means you pay no premium at all for this exceptional cover.
More ease
In the unfortunate event of death of the insured, the insurance amount will be paid directly to the nominated beneficiary, after the briefest of formalities.
More convenience
Unlike with most other Life Insurance covers, you do not need to go for any medical check-ups or tests or sign a lengthy policy document - you are entitled to the Free Life Insurance simply by opening or renewing your RAKBANK Fixed Deposit.
To find out more about this exceptional benefit, contact RAKBANK on the number below.
* Up to a maximum of AED 1,000,000 ( for UAE nationals / residents)
Insurance is offered by Union Insurance Company (P.S.C). Terms and conditions apply.
RAKBANK Fixed Deposit Account requires a minimum balance amount:
| Currency | Minimum amount |
|---|---|
| AED | 25,000 |
| USD | 10,000 |
| GBP | 10,000 |
| EURO | 10,000 |
For more information, please call us on 04 - 213 00 00 or click here.
