Special Fixed Deposit

If you are committed to long-term saving, this account has your name on it.

Introducing the Special Fixed Deposit Account – designed for customers who would like to place long-term fixed deposits and earn high interest.
 
You can open a Special Fixed Deposit Account by visiting any QNB branch or online via Internet Banking and deposit a minimum of QR 50,000, USD 10,000 or GBP/EUR 5000 and multiples thereof.

Benefits & Features

  • Promotional interest rates available to customers who deposit fresh money
  • Available in QAR, USD, GBP and EUR
  • Period/Term: 2 years, 3 years and 5 years
  • Interest credited to your current or savings account quarterly
  • Interest rate is fixed for the entire period/term
  • Revised or no interest will be applicable in case of premature withdrawal

Interest Rate

Currency

2 Year

3 Years

5 Years

QAR*

2.55%

3.00%

3.25%

USD*

1.75%

2.20%

2.55%

GBP*

1.25%

1.75%

2.00%

EUR*

0.30%

0.50%

0.75%

*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 Special Fixed Deposit Account/s?
You can avail 24-hour, secure access to your Special Fixed Deposit Account/s and 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 Special Fixed Deposit Account?
There are no charges associated with a Special Fixed Deposit Account.
 
How much can I hold in a Special Fixed Deposit Account?
You can save from a minimum of QR 50,000, USD 10,000 or GBP/EUR 5000 and multiples thereof, with no maximum limit.
 
Can I withdraw my Special Fixed Deposit?
Withdrawals are allowed at all times, revised or no interest being applicable. In case the Special Fixed Deposit is withdrawn before maturity: No interest will be payable if withdrawn before 6 months; after 6 months, regular Fixed Deposit interest rates will be applied.
 
When do I get the interest on the money deposited in a Special Fixed Deposit Account?
Payment of interest is due quarterly and is transferred into your current/savings account.
 
Can I increase the balance of my fixed deposit/s by making additional deposits?
Additional deposits are allowed in multiples of QR 50,000, USD 10,000 or GBP/EUR 5000.
 
What does fresh money mean?
Funds transferred from other banks into your QNB account.

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