Existing ADCB account
You need an active ADCB Current or Savings Account to link the deposit to.
ADCB Regular Interest Deposit
ADCB Regular Interest Deposit pays interest monthly, quarterly or half-yearly on AED 25,000 or more, at 2% to 2.6% a year for terms of 3 to 18 months.
An existing account with ADCB is required, such as ADCB Current Account.
At a glance
Key facts
Minimum DepositAED 25,000
TenuresFlexible
Interest PayoutMonthly, quarterly or half-yearly
Account access
No debit card included.
An existing account with the bank is required.
The ADCB Regular Interest Deposit turns a lump sum into an income. You deposit AED 25,000 or more in dirhams for a fixed term, and instead of one payment at the end, ADCB pays the interest into your linked current or savings account at intervals you pick: every month, every quarter or every half-year. The deposit itself is returned at maturity. Terms run from 3 to 18 months, and you need an active ADCB Current or Savings Account to receive the payments. For interest paid in full on the first day, compare the Upfront Interest Deposit.
Who can open it
Fees and balance
Minimum deposit
AED 25,000
Interest
Interest is paid monthly, quarterly or half-yearly. No interest is paid if the deposit is closed within 3 months; interest already paid is recovered in full. After 3 months the actual-tenor rate is reduced by 1% per annum for the actual days held, and the difference is recovered from the linked account.
Available deposit tenures
| Tenure | Annual rate |
|---|---|
| 3 months | 2.4% |
| 6 months | 2.3% |
| 9 months | 2% |
| 12 months | 2.5% |
| 18 months | 2.6% |
| Tenure | Annual rate |
|---|---|
| 3 months | 2.4% |
| 6 months | 2.3% |
| 9 months | 2% |
| 12 months | 2.5% |
| 18 months | 2.6% |
In plain words
- Annual rate
- The rate is quoted for a full year. Money held for part of a year earns the matching part of it. More on this
- Tenure
- The length of time you agree to leave the deposit in place. You choose it when you open the deposit, and the rate you get depends on the tenure you pick. More on this
What your money earns here
Tenure
18 months
The amount and the rate stay the same for the whole period, and the interest is paid out, not added to the balance. Try other rates
AED 975
interest over 18 months
2.6%
a year
interest earned over time
The rate is fixed when you book, and the interest is simple, so payments are not added to the deposit to earn more. Closing early undoes payments you have already had. With automatic renewal, the deposit restarts for the same term at the rate on offer that day.
Benefits
Choice of Payout Frequency
Interest can be paid monthly, quarterly or half-yearly.
Five Terms
Terms of 3, 6, 9, 12 and 18 months.
How to open
Before you apply
1.An existing account with the bank is required.
2.Minimum deposit: AED 25,000.
3.No debit card included.
Application steps
1.Make sure you hold an active ADCB Current or Savings Account.
2.SMS RID to 2626 from your registered mobile number, call the ADCB contact centre, or visit a branch.
3.Choose the amount, from AED 25,000, a term and how often you want the interest paid.
4.Confirm the account that will receive the payments.
Good to know
Good option for
People who want a predictable payment from their savings, for example toward a regular bill, without touching the amount deposited.
Consider another account if
You have less than AED 25,000 to place. The standard ADCB Fixed Deposit starts at AED 5,000.
Frequently asked questions
Get answers to common questions about the ADCB Regular Interest Deposit