About
With NBK Fixed Savings Account, save through regular monthly installments over a period of up to 15 years and enjoy competitive interest rates with guaranteed returns.
Who is it for?
To open an NBK Fixed Savings Account, you must be 18 years old or above.
What Do I Get?
You will enjoy the below benefits:
- Long-term savings plan
- Guaranteed interest
- Competitive interest rates
What makes it special?
- Choose a savings plan tenure range between 5 to 15 years
- Get guaranteed interest rate agreed upon at the time of opening the account until the end of the savings plan period
- Interest is calculated on daily end-of-day balance and capitalized monthly
How do I get it?
You can open an NBK Fixed Savings Account by visiting your nearest branch.
Interest Rates
Tenor | Interest rates |
---|---|
5 to 7 Years | 3.25% |
7 to 10 Years | 3.75% |
10 to 15 Years | 4% |
Tell Me More
- Minimum amount for savings (target amount) is KD 5,000 and the maximum is KD 50,000
- Savings are done through regular monthly installments via standing order from your primary NBK Account to NBK Fixed Savings Account
- Minimum monthly installment amount is KD 28
FAQs
-
How is the interest rate calculated?
Interest is calculated on daily end-of-day balance and capitalized monthly.
-
What is the minimum savings amount (target amount)?
Minimum amount for savings is KD 5,000.
-
How can I save?
Monthly savings is based on a monthly installment via standing order from your primary NBK Account to your NBK Fixed Savings Account.