Fixed Deposit

In a world that keeps changing, stability is paramount

Because we are never really certain of life’s events and outcomes, stability and financial security seem to be the wise paths to pursue.
 
With a simple Fixed Deposit Account from QNB, you can enjoy a high degree of financial security as well as an attractive interest rate.
 
Apply online through Internet Banking or just visit any QNB branch, deposit a minimum of QR20,000 or the equivalent in another currency and embark on a stable journey towards future financial security.

Benefits & Features

  • Available in QAR, USD, EUR, GBP, and CAD
  • Period/Term: 1 month, 3 months, 6 months, 1 year, 2 years and 3 years
  • Interest rates are fixed for the entire period/term to enjoy a higher return on your money
  • Option to receive interest on a monthly, quarterly, biannual or annual basis
  • Revised or no interest will be applicable in case of premature withdrawal
  • Interest rate is fixed for the entire period/term
  • The Fixed Deposit can be used as a replacement for taking a loan, credit card or overdraft

Interest Rates

QAR*

Amount

1 Month

3 Month

6 Months

1 Year

2 Years

3 Years

up to 50,000

0.50%

0.50%

0.50%

0.50%

0.75%

0.75%

up to 500,000

0.65%

0.65%

0.65%

0.65%

0.90%

0.90%

up to 1 Million

0.85%

0.85%

0.85%

0.85%

1.10%

1.10%

above 1 Million

0.95%

0.95%

0.95%

0.95%

1.20%

1.20%

 

 

USD*

Amount

1 Month

3 Month

6 Months

1 Year

2 Years

3 Years

up to 50,000

1.00%

1.20%

1.35%

1.70%

0.00%

0.00%

up to 500,000

1.15%

1.35%

1.50%

1.85%

0.15%

0.15%

above 500,000

1.20%

1.40%

1.55%

1.90%

0.20%

0.20%

 

 

GBP*

Amount

1 Month

3 Month

6 Months

1 Year

2 Years

3 Years

up to 30,000

0.27%

0.48%

0.53%

0.70%

0.00%

0.00%

up to 80,000

0.30%

0.51%

0.56%

0.73%

0.00%

0.00%

up to 200,000

0.33%

0.54%

0.63%

0.80%

0.00%

0.00%

up to 500,000

0.37%

0.58%

0.63%

0.80%

0.00%

0.00%

up to 750,000

0.40%

0.61%

0.66%

0.83%

0.00%

0.00%

up to 1 Million

0.42%

0.63%

0.68%

0.85%

0.00%

0.00%

above 1 Million

0.27%

0.48%

0.53%

0.70%

0.00%

0.00%

 *Rates are subject to change from time to time.

For more information please give us a call at (+974) 4440-7777 or visit the nearest QNB branch

Frequently Asked Questions

How do I access my Fixed Deposit account/s?
 You can avail 24-hour, secure access to your Fixed Deposit Account/s being able to set up and clear your term deposit/s with all transactions being made in real time through QNB Internet Banking or by visiting the nearest QNB branch.
 
What are the costs to hold a Fixed Deposit Account?
There are no charges associated with a Fixed Deposit Account.
 
How much can I hold in a Fixed Deposit Account?
You can save from a minimum of QR 20,000 with no maximum limit.
 
Can I withdraw my Fixed Deposit?
Withdrawals are allowed at all times with revised interest being applicable. Terms and conditions apply based on deposit type and the period for which the deposit was made.
 
When do I get the interest on the money deposited in a Fixed Deposit Account?
The payment of interest is due at maturity time, adding to the balance of the same deposit account or by transferring the interest directly into your current or savings account.
 
Can I increase the balance of my fixed deposit/s by making additional deposits?
Yes. Additional deposits are allowed.

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