Monthly Interest Fixed Deposit

Rewards come around once a month, every month, at QNB.

Get the best out of your hard-earned money with a long-term deposit, enjoying an extra source of income.
 
You can now open a Monthly Interest Fixed Deposit Account by visiting any QNB branch or online via Internet Banking and deposit a minimum of QR20,000 to enjoy monthly interest on long-term deposits paid into your account each month.
 

Benefits & Features

  • Available only in QAR
  • Period/Term: 1 year, 18 months, 2 years, 30 months and 3 years
  • Competitive interest rates
  • Interest credited to your account monthly
  • Interest rate is fixed for the entire period/term
  • Revised or no interest will be applicable in case of premature withdrawal
     

Interest Rate

Currency

1 Year

18 Months

 2 Years

30 Months

3 Years

QAR*

1.25%

1.35%

1.50%

1.75%

2.00%

*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 Monthly Interest Fixed Deposit account/s?
You can avail 24-hour, secure access to your Monthly Interest Fixed Deposit Account/s and 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 Monthly Interest Fixed Deposit Account?
There are no charges associated with a Fixed Deposit Account.
 
How much can I hold in a Monthly Interest Fixed Deposit Account?

You can save from a minimum of QR 20,000 with no maximum limit.”

Can I withdraw my Monthly Interest Fixed Deposit?
Withdrawals are allowed at all times, revised or no interest applies. In case the Monthly Interest Fixed Deposit is withdrawn before maturity: No interest is payable if withdrawn before 1 month; after 1 month, regular fixed deposit rates will apply for the held period.
 
When do I get the interest on the money deposited in a Monthly Interest Fixed Deposit Account?
The payment of interest is due monthly and transferred directly in to your account.
 
Can I increase the balance of my fixed deposit/s by making additional deposits?
Yes. Additional deposits are allowed.
 
 
 

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