Max plus | Sharjah Islamic Bank

SIB MaxPlus Deposit Account

Maximum Profit Maximum Flexibility

Profit rate up to 6.75% (36 months tenure) and 2.775% (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	0.19%	10M	2.09%
2M	0.39%	11M	2.19%
3M	0.69%	12M	2.29%
4 M	0.89%	13 M	2.39%
5 M	1.19%	14 M	2.49%
6 M	1.59%	15 M	2.6%
7 M	1.79%	16 M	2.69%
8 M	1.89%	17 M	2.75%
9 M	1.99%	18 M	2.775%
Expected Annualized Rate for 18 Months			1.85%

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	0.19%	13 M	1.65%	25 M	2.250%
2 M	0.29%	14 M	1.69%	26 M	2.300%
3 M	0.39%	15 M	1.75%	27 M	2.35%
4 M	0.49%	16 M	1.79%	28 M	2.39%
5 M	0.69%	17 M	1.85%	29 M	2.49%
6 M	0.89%	18 M	1.89%	30 M	2.59%
7 M	0.99%	19 M	1.95%	31 M	2.99%
8 M	1.19%	20 M	1.99%	32 M	3.99%
9 M	1.29%	21 M	2.05%	33 M	4.99%
10 M	1.39%	22 M	2.09%	34 M	5.49%
11 M	1.49%	23 M	2.15%	35 M	5.99%
12 M	1.59%	24 M	2.19%	36 M	6.75%
Expected Annualized Rate for 36 Months					2.25%