Mashreq Investment Certificate
In most fixed deposit products, you get the highest rates only on longer term deposits – and interest is paid out upon maturity. The Mashreq Investment Certificate is a unique fixed deposit product that allows customers to enjoy the higher rates of return on long term deposits, while providing interest payouts monthly, half-yearly, or upon maturity, to suit your individual needs. So now you can enjoy the higher rates of long term deposits with monthly interest payments!
What’s more, we realize that you may be faced with unforeseen needs for cash – in light of that need, the Mashreq Investment Certificate allows customers the one-of-a-kind flexibility of encashing the deposit after 6 months at no penalty or cost, regardless of the duration for which it was originally booked!
A summary of other great features of the Mashreq Investment Certificate are as follows:
- Completely risk free and capital guaranteed - as safe as a fixed deposit
- Minimum deposit amount only QAR 10,000
- Instant access to a discounted overdraft facility of up to 95% of your deposit value
- Book your deposit for a longer tenor (up to 3 years) to enjoy higher rates of return and choose when you want interest to be paid – monthly, half-yearly, or upon maturity
- Interest paid out automatically into your current account
- No early encashment charges for deposits aged 6 months or more (even if original duration of deposit was longer)
