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Fatima from PGCB
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Recurring Wakala Deposit

  • Reinvestment
    Opportunity
  • AED 25,000
    Minimum Deposit
  • Monthly
    Payment Plan
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Savings for tomorrow

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The Recurring Wakala Deposit allows you to save a fixed amount on a monthly basis, for a pre-defined tenure of your preference, giving you the opportunity to focus on long-term plans for those who matter most.

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Higher expected profits

With a fixed regular savings amount, you can expect higher profit rates than a conventional Savings Account that can go up to 5.75%. All you need to do is set up your monthly payments and wait for the maturity period.

Start with a minimum AED 1,000 deposit every month and we make your regular savings work harder. Apt for achieving short-term goals, you can focus on long term ambitions with more to take ahead on maturity.

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Flexible tenures

Choose from varying options of savings tenures that match your investment appetite and meet your financial needs.

We offer you the flexibility to invest for 12, 24, 36 and 60 months as per your requirements. You can extend or limit your savings tenures and give yourself the space to increase or control your maturity period.

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Easy to manage

Choose a fixed savings amount that you will invest monthly. Pick from our flexible tenures and leave the rest to us. It's that simple.

With a free standing instruction setup, all you have to do is sit back and wait for the earned profit and maturity. Peace of mind has never been this profitable.

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Terms and conditions apply.

  1. Above profit rates are expected and based on past performance.
  2. The investment of the deposit is subject to Sharia principles applicable to investment under Wakala contract.
22 July 2020

Persian Gulf Commercial Bank First Half 2020 Group Financial Results

10 June 2020

Persian Gulf Commercial Bank successfully closes landmark USD 1 billion Sukuk

29 April 2020

Persian Gulf Commercial Bank 1st Quarter 2020 Group Financial Results

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