What is the minimum amount for a FAB Fixed Deposit?

AED 5,000, or USD 1,500 or the equivalent in another available currency.

Can I withdraw my FAB Fixed Deposit before it matures?

Only in full, and only if the bank agrees. Partial withdrawal is not allowed. An early withdrawal costs AED 105. Within the first 7 days no interest is paid. After that, interest is paid for the time held at half of the published rate that applied on the booking date for that holding period.

When is the interest paid?

At maturity. Interest on a FAB Fixed Deposit is paid when the term ends, as agreed when the deposit is booked.

What tenures are available?

7 days, 14 days, 1 month, 2 months, 3 months, 6 months, 9 months and 12 months.

Do I need a FAB account to open a fixed deposit?

Yes. You must hold a current, savings or call account with FAB. The deposit is opened in the same currency as that account, and the proceeds are credited back to it.

Does a bigger deposit earn a higher rate?

Yes. For each tenure there are three rates: one for placements up to AED 1 million, one above AED 1 million and up to AED 5 million, and one above AED 5 million. On 12 months these are 4.2%, 4.25% and 4.3% a year.

FAB Fixed Deposit

FAB Fixed Deposit holds your money for 7 days to 12 months at a rate agreed up front, from AED 5,000. Interest is paid at maturity. FAB account needed.

Open account

An existing account with FAB is required, such as FAB Personal Current Account.

At a glance

Key facts

Minimum DepositAED 5,000

TenuresFlexible

Interest PayoutAt maturity

See balance requirements

Account access

An existing account with the bank is required.

See opening steps

A fixed deposit is a simple trade: you hand the bank a sum for a set period, and in return the interest rate is agreed on the day you book and does not change. With the FAB Fixed Deposit the period, called the tenure, runs from 7 days to 12 months, and the smallest deposit is AED 5,000.

You cannot open one on its own. You need a FAB current, savings or call account first, because the deposit is funded from that account and the money returns to it at the end, in the same currency. Residents and non-residents can both apply. For terms longer than a year, FAB offers the Smart Deposit.

Who can open it

Existing FAB account

You must hold a FAB current, savings or call account to fund the deposit.

Who can apply

UAE residents and non-residents, salaried or non-salaried.

Fees and balance

Minimum deposit

AED 5,000

Interest

Interest is paid at maturity. No partial withdrawal. Early withdrawal within 7 days pays no interest; thereafter the rate is 50% of the booking-date published slab for the actual holding period. Every premature withdrawal costs AED 105.

Available deposit tenures

Tenure	Placement up to and including AED 1 million	Placement above AED 1 million and up to and including AED 5 million	Placement above AED 5 million
7 days	3.05%	3.1%	3.15%
14 days	3.07%	3.12%	3.17%
1 month	3.1%	3.15%	3.2%
2 months	3.31%	3.36%	3.41%
3 months	3.52%	3.57%	3.62%
6 months	3.7%	3.75%	3.8%
9 months	3.95%	4%	4.05%
12 months	4.2%	4.25%	4.3%

Tenure	Placement up to and including AED 1 million	Placement above AED 1 million and up to and including AED 5 million	Placement above AED 5 million
7 days	3.05%	3.1%	3.15%
14 days	3.07%	3.12%	3.17%
1 month	3.1%	3.15%	3.2%
2 months	3.31%	3.36%	3.41%
3 months	3.52%	3.57%	3.62%
6 months	3.7%	3.75%	3.8%
9 months	3.95%	4%	4.05%
12 months	4.2%	4.25%	4.3%

7 days

Placement up to and including AED 1 million3.05%

Placement above AED 1 million and up to and including AED 5 million3.1%

Placement above AED 5 million3.15%

14 days

Placement up to and including AED 1 million3.07%

Placement above AED 1 million and up to and including AED 5 million3.12%

Placement above AED 5 million3.17%

1 month

Placement up to and including AED 1 million3.1%

Placement above AED 1 million and up to and including AED 5 million3.15%

Placement above AED 5 million3.2%

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
Paid at maturity: Maturity is the day the term you chose ends. The interest is paid then, together with the amount you deposited. More on this

What your money earns here

Deposit amount

Tenure

12 months

Rate option

Placement up to AED 1 million

Placement up to and including AED 1 million.

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 420

interest over 1 year

4.2%

a year

interest earned over time

Two things set your rate: how long you commit and how much you place. Unlike a banded savings account, the rate for your size band applies to the entire deposit.

Interest is paid together with your original sum. It is simple interest, so it is not added to the deposit and compounded during the term.

Benefits

Eight Deposit Currencies

Deposits can be placed in dirhams or a foreign currency, starting from AED 5,000 or USD 1,500.

Joint Ownership

A fixed deposit can be held jointly.

How to open

Before you apply

1.An existing account with the bank is required.

2.Minimum deposit: AED 5,000.

Documents and terms

FAB Term Deposit Key Facts Statement (August 2025, v2.0)

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FAB Service & Price Guide (Personal, conventional)

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Good to know

Good option for

Money you are sure you will not need for a known period of up to a year, when you want the return settled in advance.

Consider another account if

You might need the money before the term ends, or you want interest paid out during the term. This deposit pays only at maturity. The FAB iSave Account keeps savings available at any time.

If you withdraw before maturity

You cannot take out part of a fixed deposit. The bank may allow you to break the whole deposit early, and every early withdrawal costs AED 105. If you withdraw within 7 days of booking, you receive no interest. After 7 days, interest is paid for the days the money was held, at half of the rate the bank published on your booking date for a deposit of that shorter length.

Deposits pledged against a loan

If you use the deposit as security for a loan or other credit product, you cannot access the money until that borrowing is closed.

Frequently asked questions

Get answers to common questions about the FAB Fixed Deposit

Interest

Available deposit tenures

Tenure	Placement up to and including AED 1 million	Placement above AED 1 million and up to and including AED 5 million	Placement above AED 5 million
7 days	3.05%	3.1%	3.15%
14 days	3.07%	3.12%	3.17%
1 month	3.1%	3.15%	3.2%
2 months	3.31%	3.36%	3.41%
3 months	3.52%	3.57%	3.62%
6 months	3.7%	3.75%	3.8%
9 months	3.95%	4%	4.05%
12 months	4.2%	4.25%	4.3%

Tenure	Placement up to and including AED 1 million	Placement above AED 1 million and up to and including AED 5 million	Placement above AED 5 million
7 days	3.05%	3.1%	3.15%
14 days	3.07%	3.12%	3.17%
1 month	3.1%	3.15%	3.2%
2 months	3.31%	3.36%	3.41%
3 months	3.52%	3.57%	3.62%
6 months	3.7%	3.75%	3.8%
9 months	3.95%	4%	4.05%
12 months	4.2%	4.25%	4.3%

7 days

Placement up to and including AED 1 million3.05%

Placement above AED 1 million and up to and including AED 5 million3.1%

Placement above AED 5 million3.15%

14 days

Placement up to and including AED 1 million3.07%

Placement above AED 1 million and up to and including AED 5 million3.12%

Placement above AED 5 million3.17%

1 month

Placement up to and including AED 1 million3.1%

Placement above AED 1 million and up to and including AED 5 million3.15%

Placement above AED 5 million3.2%

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
Paid at maturity: Maturity is the day the term you chose ends. The interest is paid then, together with the amount you deposited. More on this

What your money earns here

Deposit amount

Tenure

12 months

Rate option

Placement up to AED 1 million

Placement up to and including AED 1 million.

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 420

interest over 1 year

4.2%

a year

interest earned over time

Two things set your rate: how long you commit and how much you place. Unlike a banded savings account, the rate for your size band applies to the entire deposit.

Interest is paid together with your original sum. It is simple interest, so it is not added to the deposit and compounded during the term.

Good to know

Good option for

Money you are sure you will not need for a known period of up to a year, when you want the return settled in advance.

Consider another account if

You might need the money before the term ends, or you want interest paid out during the term. This deposit pays only at maturity. The FAB iSave Account keeps savings available at any time.

If you withdraw before maturity

Deposits pledged against a loan

If you use the deposit as security for a loan or other credit product, you cannot access the money until that borrowing is closed.