Fixed Deposit with Upfront interest
Secure Your Savings. Enjoy Your Interest Today.
BankDhofar introduces a unique product designed to give you instant returns on your long-term deposits. With our Fixed Deposit with Upfront Interest Payment, you receive your interest immediately upon placing your deposit - giving you the liquidity you need while your savings grow securely.
Apply for a Fixed Deposit with Upfront Interest Account now
Benefits & Features
Receive Your Interest Upfront
Enjoy immediate access to your earned interest, paid upfront at the time of deposit booking, providing enhanced liquidity while maximizing the value of your investment.
Secure Savings Growth
Keep your principal invested for the selected term while benefiting from a fixed deposit structure designed to support disciplined saving.
Flexible Deposit Tenors
Choose from multiple deposit terms to align your savings strategy with your financial objectives and future plans.
Competitive Returns
Benefit from attractive deposit rates designed to help maximize the value of your savings.
Financial Planning Made Easier
Knowing your deposit term and upfront interest can give you the liquidity you need while your savings grow securely.
Eligibility Criteria
Any Omani citizen or resident above 18 years of age
This service can be availed at any of our branches located across Oman. Find your nearest branch here.
Start Your Journey with Al Heson Saving Account.
This is your first step before applying Fixed Deposit Account with Upfront interest.
Learn more about Al Heson Saving Account or open your account in less than a minute through Intilaqa App.
Ask a question or request a call-back. Our team is here to support you throughout your onboarding journey.
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A Fixed Deposit with Upfront Interest is a deposit option where the full interest amount is paid to you at the time of placing the deposit, instead of waiting until maturity. Your principal remains securely invested for the chosen tenor while you enjoy instant access to your returns.
Omani Nationals and Resident Expatriates aged 18 and above.
You can open a Fixed Deposit with Upfront Interest for the following amount:
The following deposit tenors are available:
The current interest rates for fixed deposit with upfront interest are:
Interest is paid upfront on the same day of deposit placement.
In the event of early termination of the deposit, the Bank shall recover the interest paid upfront to the customer by deducting the principal amount from the deposit or any other account associated or linked with the customer under the same CIF. Penalties and interest adjustments will apply as per the following schedule:
| Period | Action Taken |
|---|---|
| 0-6 Months | Recover the interest paid in full. |
| 6–12 Months | The interest rate is reduced by 2% annually from the original rate. |
| More than 12 months | The interest rate is reduced by 1.5% annually from the original rate. |
You can open a Fixed Deposit with Upfront Interest account at any BankDhofar branch. Find your nearest location click here.
Do you need further assistance or have questions about Fixed Deposit with Upfront Interest Accounts?
We are here to help you. Do not hesitate to contact us.
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