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  • Market Indices
    Price: 970-10
    Open: 980High: 980
    Low: 970Close: 970
    Volume: 1,838,507
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 100,269,981
    • Top Gainers

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      ACICO7.94340
      CITYGROUP6.17430
      PEARL5.8818
      ITHMR5.6846.50
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      SALBOOKH4.8287
      MADAR452
      IRC3.7755
      ALNAWADI3.64114
      UIC3.64114
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      PAPCO-8.93102
      GFC-7.0466
      WINS-5.63134
      NCCI-4.8199
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      OULAFUEL-3.57162
      KCPC-3.57270
      CLEANING-3.51110
      QCEM-3.2689
      FIRSTDUBAI-3.1991
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      Company Volume Price
      GFH`R27,046,79041.50
      ITHMR`R12,521,98646.50
      KRE`R7,027,11774
      SECH`R3,200,30371
      SAFRE`R3,085,51537
      MABANEE`R2,982,722990
      MUBARRAD`R2,876,33075
      SENERGY`R2,702,77936.50
      ALQURAIN`R2,581,393255
      EKTTITAB`R2,208,50751
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NBK Flexible Term Deposit

NBK Flexible Term Deposit

NBK’s Flexible Term Deposits allow you to enjoy higher interest rates on your savings while offering you the option of receiving interest payouts on a monthly, quarterly, six-monthly and annual basis. No more waiting until the maturity of your Fixed Deposits to get returns.


Criteria to Open Account:

  • Minimum opening balance: KD 5,000
What are the Interest Rates?
  • Interest rates (subject to change)
    - 6 months: 0.625%
    - 1 year: 0.875%
    - 2 years: 1.500%
    - 3 years: 2.000%
  • Available for NBK and non-NBK Customers (new customers must open a new account to deposit the value of the Flexible Term Deposit interest)
  • Available in KD only
  • Provides you with periodic cash flow until maturity (i.e. monthly, quarterly, semi-annually, annually)
  • Periodic paid-out interest amounts will vary slightly based on the number of days per month
  • Interest on the Flexible Term Deposit will be credited directly to your nominated account and will not be accumulated in the term deposit itself
  • The nominated account may be amended or changed
  • Once you open the account, the interest rate quoted at that time will be locked in for the duration of the tenor chosen (unless early breakage occurs)
  • Automatic renewal, unless at least 2 working days notice is given by you not to renew
  • There are no fees on breaking the Flexible Term Deposit before the maturity date, however, early breakage will result in the deduction of all the interest already paid out from the term deposit principle amount. However, you are automatically entitled to the savings rate for the elapsed period

*Interest rates are subject to change without notice

 

 

 

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