What are the prices for the safe deposit lockers?

Following are the prices for the safe deposit lockers in the NBF Bank: Small- AED 400 Medium- AED 800 Large- AED 1500 Safety Deposit Locker- AED 500

NBF Fixed Deposit Account

Bank Accounts in the UAE

NBF Bank offers a wide variety of options with a deposit account for the customers in the UAE. These options include the Fixed Deposit Account, the Dream Deposit Account and the Instant Interest Deposit Account.

With the Instant Interest Deposit Account, the Account holders can earn profits from day one. The NBF Fixed Deposit Account offers a competitive interest rate as well as flexible tenure.

Features & Benefits of NBF Fixed Deposit Account

The features and benefits of the NBF Fixed Deposit Account are given below:

Type of Deposit Account	Features and Benefits
Fixed Deposit	Roll-over facility Sweep facility is available Flexible overdraft facility Attractive rate of interest Flexible date of maturity Credit Card
Dream Deposit	Up to 2.75% p.a. rate of interest Tenor ranges from 6 months to 3 years Setting up of standing instructions at Savings Account or Current Account
Instant Interest Deposit	Instant return on deposits The tenor ranges from 6 to 24 months Competitive rate of interest Full interest on maturity

Eligibility Criteria to Open an NBF Fixed Deposit Account

To open a Fixed Deposit Account with the NBF Bank in the UAE, the applicant should qualify with the following terms:

A minimum deposit of AED 500 is required to open Fixed Deposit Account
A minimum deposit of AED 100,000 is required to open an Instant Interest Deposit
The applicant should be an existing customer of the NBF Bank

Documents Required to Open an NBF Fixed Deposit Account in UAE

Following are the documents required to open a Fixed Deposit Account with the NBF Bank in the UAE:

The Passport of the Applicant
Emirates ID of the Applicant
Resident Visa (for the expats)
Filled and Signed Application form

How to Open an NBF Fixed Deposit Account in the UAE?

The applicant can apply through the following ways to open a Deposit Account in the UAE:

visit the nearest branch of the NBF Bank
Apply via Online

How to Close an NBF Fixed Deposit Account in the UAE?

To close the Deposit Account with the NBF Bank in the UAE, the customer should visit the nearest branch of the bank.

NBF Fixed Deposit Account FAQs

Yes, it is true. In fact, you earn a profit from the first day.

You will be penalized up to 2 % of the deposit for withdrawing the amount prematurely.

You will have to make a minimum deposit of AED 10,000 to open an NBF Fixed Deposit Account in the UAE.

The current prime rate of the NBF Bank in the UAE is 9.5%.

Following are the prices for the safe deposit lockers in the NBF Bank:

Small- AED 400
Medium- AED 800
Large- AED 1500
Safety Deposit Locker- AED 500

Yes, NBF Bank includes 5% of VAT wherever it is applicable.

You can contact the customer team of the NBF Bank at 8008NBF(623).

The first supplementary card is free. However, additional supplementary Debit cards will cost you AED 25 each.

With the Dream Deposit Account in the UAE, you will need to make a minimum installment of AED 500.

Yes, To open a Fixed Deposit Account with the NBF Bank, you should be an existing customer of the bank.

Account Types

Customer Reviews & Ratings

82 genuine reviews and ratings across our services.

4.7 / 5

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