Deposits

There’s no better time to start saving!

Time is on your side when you can enjoy attractive interest rates and complete peace of mind.

Enjoy handsome returns from Samba Financial Group’s (“Samba”) Deposit accounts while your Current or Savings account takes care of your everyday needs.

Giving you the most competitive rates, a choice of Deposit accounts offer the following options:

  1. Samba Regular Time Deposit

By moving any idle cash from your Current or Savings account into a Samba Regular Time Deposit you can take advantage of higher interest rates. The process is simple and your cash will start working harder for you immediately.
Available in multiple currencies (AED, SAR, USD, Euro and GBP)
Attractive interest rates and multiple tenors available

  1. Samba Flexi Deposit

Deposits in AED and USD with attractive interest rates and multiple tenors
Your required amount is automatically swept from the Deposit into your account    whenever you need it. You can automatically withdraw funds with your ATM card,    issue a cheque or make an online transfer through the convenience of    SambaPhone or SambaOnline

Get the perfect safety net to cover cheques / large withdrawals, while ensuring you still get the most of your savings.

  1. Samba Max Deposit

Deposits in AED and USD with attractive interest rates and multiple tenors
Your surplus account balance will be automatically swept into a Deposit where you    earn higher interest
Your required amount is automatically swept from the Deposit into your account    whenever you need it. You can automatically withdraw funds with your ATM card,    issue a cheque or make an online transfer through the convenience of SambaPhone or SambaOnline.

Get the perfect safety net to cover cheques / large withdrawals, while ensuring you still get the most of your savings.

  1. Samba Breakfree Deposit

Deposits in AED and USD with a pre-approved overdraft facility of upto 95%
Attractive interest rates and multiple tenors

With Samba Breakfree Deposit, you no longer need a loan for any unforeseen expenditure. You continue to earn interest on your deposit while having funds available if you need them. What’s more, you only pay interest on the amount used, for the period it is used.

Save time and money

A Samba Deposit Account gives you complete security and satisfaction, with different tenures to match your needs as well as an auto-renewal facility. SambaPhone and SambaOnline grant easy access to your account day or night, giving you the ultimate in banking convenience.

Overdrafts

Samba Time Deposits come with a liquidity option where customers can avail of up to 95% overdraft facility against their AED / US$ deposits.
Eligibility

  •  Applicants must be 18 years and above