Liv Instant Interest Fixed Deposit

On the day you book the deposit. The whole tenure's interest is credited to your Liv Primary Account upfront rather than at maturity, which is what separates this from an ordinary fixed deposit.

1, 2, 3, 4, 6 or 12 months. The rate depends on which you pick.

AED 5,000.

Yes, in full. Interest is recalculated at the rate that applied on the booking date for the time elapsed, less a 1% a year penalty. There is no fee. Partial withdrawals are not offered.

The principal is credited back to your Liv Primary Account. The interest was already paid when you booked.

The Flexi Fixed Deposit pays 2% and lets you choose a monthly, quarterly or half-yearly payout over tenures up to 24 months. This one pays 2.25% on Classic and up to 3.5% on Max, but only upfront, and caps out at 12 months.

Slightly. The money arrives at the start rather than at maturity, so you hold it for the whole tenure. Reinvested it compounds; spent it has simply come early. Either way the effective return is a little above what the headline rate implies.

You give some back. Interest is recalculated at the booking-date rate for the period elapsed, less a 1% a year penalty, and because it was already paid to you upfront the difference is reclaimed.

No. Partial redemption is not offered, so breaking the deposit means closing all of it. That makes it a poor choice for money you might need in pieces.

One, two, three, four, six or twelve months. There is nothing longer here — the Liv Fixed Deposit goes to 24 months if your horizon is beyond a year.

The principal is credited back to your Liv Primary Account. The interest was paid when you booked, so nothing further arrives on the maturity date.

Only if the date is genuinely fixed. A Goal Account on Liv Max pays a comparable rate, stays accessible with no penalty, and does not force an all-or-nothing exit.