Fixed Deposit Account
The safe way to invest for higher returns
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Deposit tenure between 1 and 60 months |
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Auto-renewal facility available |
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Credit facility against deposit as collateral |
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Available in OMR, USD, Euro, GBP, CHF or AUD |
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Open a fixed deposit in under a minute from your BankDhofar App |
There’s probably no safer way to invest your money than a Fixed Deposit Account...
The BankDhofar Fixed Deposit Account means you invest funds for a specified length of time and enjoy higher interest rate than a regular savings account – and it’s fully guaranteed! If you need funds in the meantime, you can easily avail a loan against your Fixed Deposit too.
Apply for a Fixed Deposit Account now
Benefits & Features
Predictable Growth, No Surprises
Know what to expect from the start. Your deposit earns interest over a fixed tenure, helping you plan ahead with confidence and clarity.
Flexible Tenure Options
Choose a tenure that aligns with your financial timeline—whether you’re saving for a milestone, building reserves, or parking surplus funds temporarily.
Peace of Mind
Your funds are placed with one of Oman’s most trusted banks, giving you confidence that your savings are securely managed.
Simple, Hassle Free Management
Once your deposit is placed, no ongoing action is required. Your funds work for you quietly in the background until maturity.
Easy Renewal or Withdrawal at Maturity
At maturity, you can choose to renew your deposit or access your funds - giving you control without complexity.
Interest in Payout Options
Depending on the selected option, interest may be paid at maturity or at agreed intervals - allowing flexibility based on your cashflow needs.
Eligibility Criteria
Any Omani citizen or resident above 18 years of age
Open your Fixed Deposit Account in under a minute using the BankDhofar App.
Steps:
Or visit your nearest BankDhofar branch and our team will assist you through the application process. Find your nearest branch here.
Start Your Journey with Al Heson Saving Account.
Open Al Heson Saving Account to begin with Fixed Deposit Account . This is your first step before applying Fixed Deposit Account .
Learn more about Al Heson Saving Account.
Ask a question or request a call-back. Our team is here to support you throughout your onboarding journey.
Click here.
If you are an Omani national or an expatriate residing in Oman, with the ability to make a minimum deposit of 275, you are eligible to apply for a BankDhofar Fixed Deposit Account.
The interest rate is based on prevailing market rates. Once the interest is offered to you, the interest rate does not change during the tenure of the deposit unless the deposit is broken. Your interest earning is calculated based on the tenure of your deposit and credited to your account at your selected frequency.
Yes. In addition to Omani Rial, you have the flexibility to invest in major foreign currencies – like US Dollars, Euros, British Pounds, Swiss Francs and Australian Dollars.
Yes, a penalty of 1% will be charged if the Fixed Deposit funds are withdrawn prematurely and customer will only earn interest for the tenure for which the Fixed Deposit was actually maintained at the normal current market rate.
You can open a Fixed Deposit online from the BankDhofar app or drop in at any BankDhofar branch. Find your nearest location click here.
If you have a query, call us anytime 24x7 on 24791111.
At maturity, you can choose to withdraw your funds or renew your Fixed Deposit, subject to bank policies and instructions provided at that time.
Fixed Deposits are typically placed as a lump sum. Additional funds usually require opening a new deposit.
Once placed, the applicable rate generally remains fixed for the agreed tenure. Any exceptions will be disclosed at the time of placement.
Do you need further assistance or have questions about Fixed Deposit Accounts?
We are here to help you. Do not hesitate to contact us.
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