Al Jana 8 is the latest in a series of High-Interest Fixed Rate Term Deposits introduced for long-term depositors.
The Al Jana interest rates are fixed to assure you of a guaranteed return on your money for long term.
How does Al Jana work?
Long deposit periods – A fixed rate long-term deposit with the option to set up for a pre-determined period of time for 2, 3, or 5 years where the interest is fixed and is paid every 6 months.
Higher Yields – Returns available on Al Jana 8 are a lot higher than normally available because of the longer-term nature of your deposit. And you will have peace of mind that these higher rates of return won’t change. Interest is paid to you every 6 months.
Access to your Cash – Your cash will be tied up for the duration you have chosen. However, we can provide you with a loan of up to 90% of your Al Jana deposit amount at a 2% premium over the Al Jana interest rate. Alternatively, we will give you a credit card for up to 90% of the value of your deposit.
Limited Availability, Apply Now – It’s a limited-time offer We expect demand for Al Jana 8 to be as strong as for previous releases and could be withdrawn at any time, we recommend that you apply now and deposit your funds at the earliest opportunity to be certain of the highest interest yields available.
Al Jana 8 Features
- Currency: QAR
- Minimum Deposit: QAR 1 Million
- Maximum Deposit: QAR 25 Million
- Tenor Period: 2, 3 & 5 years
- Interest: Paid on half yearly basis
Al Jana 8 Rates of Interest
| Period | 2 Years | 3 Years | 5 Years |
|---|---|---|---|
| Rate | 2.85% p.a. | 3.00% p.a. | 3.20% p.a. |