Please find attached table.
Parameters |
Premium Saver |
Currency |
AED |
Minimum Monthly Amount (AED) |
5,000
|
Tenure |
18 Months
|
Return at maturity /End of the Tenure* |
1.4%
|
Annualized Yield (if tenure completed)* |
1.025%
|
Monthly contribution funding |
Standing Order set-up on Savings Account**
|
All parameters |
As per existing products
|
Detailed interest rate |
Please refer appendix.
|
*Annualized interest is a backward computation of return at maturity over the product tenor. Total returns shown above are including monthly interest and bonus interest as applicable. Bonus interest paid at the maturity, subject to receiving regular monthly deposits.
** Standing Orders set for funding Recurring Deposits are free of charge