Top 9 Term of Deposits in May 2021

Top 9 Term of Deposits in May 2021

Check the Top Term of Deposit this month

TDS are saving instruments that are offered by most banks, whereby you deposit a certain sum of money with the bank with a period of less than one year, and they pay you an agreed upon interest rate.

 

What do I need to apply for a Saving Deposit?

 

Generally, you only need two things:

  • Know Your Client “KYC” form
  • An account opening form to open your account
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Here are the top 9 annual Term Deposits with the highest interest rate in May 2021:

 

1- ADIB

 

Duration: one year

Interest Rate: 6.50%

 

 2- HSBC

 

Duration: one year

Interest Rate: 6.50%

 

3 - Crédit Agricole

 

Duration: one year

Interest Rate: 6.00%

 

If you want to apply to one of those TDs now, check Faydety to choose the best one for you.

 

4- Mashreq Bank

 

Duration: one year

Interest Rate: 6.00%  

 

5- AUB

 

Duration: one year

Interest Rate: 5.75%  

         

6- Arab African International Bank 

 

Duration: one year

Interest Rate: 5.50%      

    

TDs is duration begin with a month until a year.

 

7- Audi Bank

 

Duration: one year

Interest Rate: 5.50%

 

8- Arab Bank

 

Duration: one year

Interest Rate: 5.25%

 

9- Wafa Bank

 

Duration: one year

Interest Rate: 5.25%