Duration
Minimum Amount
Annual Interest Rate
Based on the time period and the amount of the deposit.
Interest Payment frequency
At Maturity
Time Deposits (Local Currency)
National Bank of Kuwait Saudi Arabia - Islamic Deposits(Murabaha)
Description :
You wish to invest in a distinctive profit-bearing product that allows you to invest in your future for yourself and your family. With NBK KSA, you could watch your money consistently grow. A capital guaranteed deposit account that allows you the flexibility of managing funds according to your short or long-term needs.
Eligibility:
To open an NBK Islamic Term Deposit Account, you must be 18 years old and above.
Features:
• Get competitive interest rates on your savings. NBK-KSA provides an interest calculator to help you calculate the interest you will earn.
• Choose to open your account in multiple foreign currencies.
• Contact the call center on 800-1266677.
• Get an NBK Credit Card against your NBK Term Deposit.
Benefits:
• Guaranteed attractive interest rates with the trust and security of banking with us
• Automatic renewal – NBK Term Deposit is renewed at the end of each term unless you ask otherwise
• Stable interest rate – Once you have opened the account, the interest rate quoted at that time will be locked in for the duration of the tenor chosen (unless early breakage occurs)