Retail Fixed Deposits Accounts
Retail Fixed Deposits Accounts
A Secure Investment… with a Stable Return.
Overview
The Fixed Deposit from Bank of Baghdad is the ideal choice for customers seeking to invest their savings in local or foreign currencies over a specified period, offering attractive returns either periodically or upon maturity.
This product is carefully designed to meet the expectations of clients looking for a safe and stable return, while contributing to the bank’s liquidity and providing a reliable, consistent banking experience.
Account Features
- Available in Iraqi Dinar and US Dollar.
- Competitive interest rates based on deposit amount and tenure.
- Flexible interest payment options:monthly, quarterly, semi-annual, or at maturity.
- Automatic renewal for the same amount or including the accrued interest.
- Option to fully break the deposit with no fees, interest calculated based on the actual holding period.
- No charges for opening or partial withdrawals.
- Free account statement available upon request instead of a paper certificate.
| Amount | Deposit Duration | |||||
|---|---|---|---|---|---|---|
| From | To | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years |
| 5,000,000 | 250,000,000 | 2.50% | 2.75% | 3.50% | 4.00% | 4.25% |
| 250,000,001 | 1,000,000,000 | 3.00% | 3.50% | 4.00% | 4.75% | 5.00% |
| More than 1 billion | 3.00% | 4.00% | 4.50% | 5.00% | 5.25% | |
| Amount | Deposit Duration | |||||
|---|---|---|---|---|---|---|
| From | To | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years |
| More than 1 billion | 1.00% | 1.25% | 1.50% | 1.75% | 1.75% | |
Terms and Conditions
- Minimum deposit amount: 5,000,000 IQD or 5,000 USD.
- No fees are applied for opening, breaking, or partial withdrawals.
- Automatic renewal upon maturity for the same amount or including the accrued interest.
- Interest payout options: monthly, quarterly, semi-annually, or at maturity.
- Full withdrawal allowed without fees; interest recalculated based on the actual holding period.
- Deposits can be opened directly through any Bank of Baghdad branch.
- Paper certificates are replaced with a free account statement upon request.
Invest with Confidence… with Bank of Baghdad
Whether you are seeking a short-term investment or a long-term return, the Fixed Deposit from Bank of Baghdad offers you financial stability and flexibility in managing your funds, with rewarding interest rates and a trusted banking experience built on over three decades of expertise.
