Time Deposit

Your money works around the clock

Whether you are looking for a short term investment or a long term one, you will find what you need with CIB Time Deposits (TD):

Time deposit is offered for a fixed period of time (starting from one week and reaching up to five years), where a fixed amount is deposited with a fixed interest rate and maturity date
Time deposits are available to individuals and corporate customers
Interest is deposited to any of the customer’s accounts
Automatic renewal is optional upon customer’s request
Interest is earned at maturity for time deposits starting one week and up to one year
Interest is earned monthly, quarterly, semi-annually or annually for 3 or 5 year time deposits
Overdraft facility reaches up to 95% of the Deposit*

Required Documents:

• TD Application**

For more information, please call 19666 or visit your nearest CIB branch

* Terms and Conditions Apply

**TD cannot be opened without maintaining an account at CIB