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Islamic

About

You wish to invest in a distinctive profit-bearing product that allows you to invest in your future for yourself and your family. With NBK KSA, you could watch your money consistently grow. A capital guaranteed deposit account that allows you the flexibility of managing funds according to your short or long-term needs.

Who is it for?

To open an NBK Islamic Term Deposit Account, you must be 18 years old and above.

What Do I Get?

  1. Get competitive interest rates on your savings – NBK KSA provides an interest calculator to help you calculate the interest you will earn

  2. Take advantage of the choice to open your account in multiple foreign currencies

  3. Enjoy the convenience of NBK Online Banking for viewing and managing your account

  4. Access NBK Call Center through 800-1266677

  5. Subscribe to the SMS Service 

  6. Get an NBK Credit Card against your NBK Term Deposit

What makes it special?

  • Guaranteed attractive interest rates – With the trust and security of banking with NBK KSA
  • Automatic renewal – Term Deposit is renewed at the end of each term unless you ask otherwise
  • Stable interest rate – Once you have opened the account, the interest rate quoted at that time will be locked in for the duration of the tenor chosen (unless early breakage occurs)

FAQs

  1. How is interest calculated?

    Interest is calculated based on the time period and the amount of the deposit.

  2. How do I change my NBK Term Deposit?

    Any instructions given from you related to your deposit, like closing it or amending the amount and/or period, should be through NBK Call Center at 800-1266677, or by visiting the nearest branch and must be done 48 hours before maturity date.