Overdraft against Time Deposits

SNB Time Deposits come with an liquidity option where customers can avail of up to 95% overdraft facility against their AED / US$ deposits. The liquidity / overdraft facility ensures that customers do not have to pre- maturely terminate their deposits in case they need any temporary liquidity. With this overdraft facility customers can ensure that their deposits continue till the end of the term and earn interest income on the same.

Overdraft and Leverage facilities against investments

You can avail of overdraft & leverage facility against eligible investment collateral like mutual funds, fixed income securities and market linked investments. Overdraft facility ensures that customers do not have to redeem their investments in case they need any temporary liquidity. Leverage facility provides the option of enhancing the participation and potential return of the investment.