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.
All deposits are guaranteed by the Iraqi Company for Deposit Guarantees.
To learn more about all coverage limits, please visit the link
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.
