Max plus | Sharjah Islamic Bank

SIB MaxPlus Deposit Account

Maximum Profit Maximum Flexibility

Profit rate up to 6% (36 months tenure) and 2.4% (18 months tenure)

Finance against your deposit up to 90%

Access fund anytime without breaking the deposit

Benefits:

To apply

Eligibility

Applicants should be at least 21 years
Minimum deposit amount AED 10,000

Required documents

Original passport and Emirates ID Valid UAE residence visa for expats

Terms & Charges

MaxPlus Fixed Deposit Product Profit Rates – 18 Months Tenure

18 Month Deposit – Expected Profit Rates (p.a.)
Month	Expected Profit Rate	Month	Expected Profit Rate
1M	0.20%	10M	1.90%
2M	0.40%	11M	1.90%
3M	0.60%	12M	1.98%
4 M	0.80%	13 M	2.05%
5 M	1.00%	14 M	2.15%
6 M	1.20%	15 M	2.25%
7 M	1.50%	16 M	2.30%
8 M	1.70%	17 M	2.35%
9 M	1.80%	18 M	2.40%
Expected Annualized Rate for 18 Months			1.60%

MaxPlus Fixed Deposit Product Profit Rates – 36 Months Tenure

36 Month Deposit – Expected Profit Rates (p.a.)
Month	Expected Profit Rate	Month	Expected Profit Rate	Month	Expected Profit Rate
1M	0.15%	13 M	1.25%	25 M	2.19%
2 M	0.30%	14 M	1.30%	26 M	2.29%
3 M	0.45%	15 M	1.35%	27 M	2.39%
4 M	0.60%	16 M	1.40%	28 M	2.59%
5 M	0.70%	17 M	1.50%	29 M	2.79%
6 M	0.75%	18 M	1.60%	30 M	3.00%
7 M	0.85%	19 M	1.70%	31 M	3.25%
8 M	0.95%	20 M	1.75%	32 M	3.50%
9 M	0.99%	21 M	1.79%	33 M	4.00%
10 M	1.05%	22 M	1.89%	34 M	4.50%
11 M	1.10%	23 M	1.95%	35 M	5.00%
12 M	1.15%	24 M	1.99%	36 M	6.00%
Expected Annualized Rate for 36 Months					2.00%