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  • Market Indices
    Price: 9700
    Open: 970High: 970
    Low: 970Close: 970
    Volume: 1,296,485
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 100,822,065
    • Top Gainers

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      ALEID9.43116
      AAYAN7.1475
      SOOR6.85156
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      NCCI6.12104
      MUBARRAD5.8073
      IKARUS5.62188
      RKWC5.17122
      SALBOOKH5.0683
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      PEARL-13.8915.50
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      TAAMEER-4.7640
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      KGL-3.6679
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      BIIHC-3.3387
      AJWAN-348.50
      NIH-2.8668
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      Company Volume Price
      GFH`R30,943,23440.50
      BAYANINV`R4,888,60080
      SENERGY`R4,217,60236
      ITHMR`R4,178,40742
      GPI`R3,764,98778
      AAYAN`R3,565,31875
      SOKOUK`R3,389,80181
      ALDEERA`R2,683,15531
      ALMADINA`R2,321,37643.50
      ALSALAM`R1,981,10093
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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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