Educational Video Guides Open a Fixed Deposit on the ADCB Mobile Banking App

adcb video play button

Steps to open a Fixed Deposit:

  1. Log in to the ADCB Mobile Banking App
  2. Navigate to the ‘Deposits’ section
  3. Tap ‘Open Now’ to start setting up a Fixed Deposit
  4. View the features and benefits, then tap ‘Continue’ to proceed
  5. Select the currency for your Fixed Deposit
  6. Choose the type of Fixed Deposit you prefer
  7. Tap ‘View Details’ to learn more about the selected Fixed Deposit type
  8. Review the important information about the product, then tap ‘Continue’
  9. Select the product and tap ‘Continue’ to proceed
  10. Select the ‘Source Account’ from which the deposit amount will be deducted
  11. Enter the ‘Deposit Amount’ and select the ‘Tenor’
  12. Tap ‘View all deposit rates and tenors’ to see the interest rates for different deposit durations
  13. Expand to view more details. Interest rates displayed in the video are indicative. Please review the actual rate at the time of opening the Fixed Deposit.
  14. Tap ‘Continue’ to proceed
  15. Set maturity instructions by selecting an option
  16. Choose the account where the principal and interest will be deposited
  17. Tap ‘Continue’ to proceed
  18. Review and confirm the details of the Fixed Deposit
  19. Review and agree to the Terms & Conditions and Key Facts Statements
  20. Tap ‘Agree and Continue’
  21. Tap ‘Continue’
  22. Complete the authentication process using ADCB FacePass or a one-time password
  23. Congratulations! Your Fixed Deposit Account has been successfully created

Disclaimer:

Please note that the ADCB Mobile Banking App is regularly updated to enhance user experience. As a result, the app’s interface may differ slightly from the visuals shown in this tutorial. For the most accurate experience, ensure you are using the latest version of the app.