With a minimum deposit of QR50,000, customers can open an account instantly and avail themselves of a pre-approved overdraft facility to meet any contingencies. The account provides customers with the choice of having their deposits renewed automatically or for the proceeds to be withdrawn in full upon maturity.
Andrew Liew, al khaliji Managing Executive Retail Banking, said:
'In these inflationary and uncertain times, customers are concerned with both protecting and growing their hard earned savings. The new QAR fixed deposit account from al khaliji meets that need by providing both protection and high interest rates.'