Deposit and invest your funds with a fixed interest rate.
Fixed Deposit Account Features:
- Term-period flexibility.
- Competitive interest rates depending on the amount of deposit and term period.
- Interest is credited at the end of the term.
- An option of transferring the interest to another account or adding to the deposit.
- An option of borrowing against deposit within competitive interest rates.
Fixed Deposit Account conditions:
- First of all, the minimum amount needed to open the account is 5000 JOD or 10000 USD.
- Second, the client cannot withdraw until the end of the term.
- In the case of closing the account before the term has ended, the client will face a fine as per the rules of the Central Bank of Jordan.
- Finally, The client must be above 18 years old.
Deposit Required Documents:
- A valid national identification card (Jordanians).
- A valid passport and residency permit (non-Jordanians).
Deposits in JODs
| Amount (JOD) | 1 month | 3 months | 6 months | 12 months |
|---|---|---|---|---|
| 5,000 – 100,000 JOD | 2.500% | 2.550% | 3.35% | 3.500% |
| 101,000 – 250,000 JOD | 2.750% | 2.875% | 3.750% | 4.000% |
| 251,000 – 500,000 JOD | 3.000% | 3.125% | 4.000% | 4.250% |
| 501,000 – 1 Million JOD | 3.250% | 3.375% | 4.250% | 4.500% |
| 1 Million and more | 3.500% | 3.625% | 4.500% | 4.750% |
Deposits in Dollars
| Period | Interest Rate |
|---|---|
| 1 month | 3.00% |
| 3 months | 2.75% |
| 6 months | 2.50% |
| 12 months | 2.00% |
