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Noor Bank Wakala Investment Deposit earns you higher profits on a minimum deposit of AED 25,000, making it ideal for quick returns and long-term investment. Further, you can finance up to 90 per cent against your deposit, which is available in AED, EURO, GBP or USD
Major Advantage: Flexible tenor from 1 month to 36 months
Points to Consider: High minimum balance required
Minimum Balance Requirement: AED 25,000
Anticipated Profit Rate:
| Tenure | |||||||
| Profit Payout | 1 Month | 3 Month | 6 Month | 9 Month | 12 Month | 2 Years | 3 Years |
| Maturity | 1.60% | 2.10% | 2.35% | 2.50% | 2.55% | 2.80% | 3.05% |
| Monthly | - | 1.95% | 2.15% | 2.30% | 2.35% | 2.45% | 2.70% |
| Quarterly | - | - | 2.25% | 2.40% | 2.45% | 2.55% | 2.80% |
| Advance | - | 1.80% | 1.85% | 2.00% | 2.05% | 2.25% | 2.40% |
Minimum Salary Requirement: AED 0
Dedicated Relationship Manager: Yes
Minimum Account Opening Amount: AED 25,000
Monthly Fees: AED 0 (AED 25 if below monthly balance requirement)
Sharia Compliant: Yes
Salary Transfer Required: Not Compulsory
Currencies Account Available: AED, USD, GBP, EURO
Other Features:
Additional Info: