Mashreq Qatar has introduced Advance Fixed Deposit, a “unique and tailor-made” savings product for those who would like to deposit funds and receive interest upfront to meet their financial needs. Customers who make deposits as low as QR15,000, from six months to one year can withdraw interest upfront or have it credited in their account without any charges. An overdraft facility against the deposit is also available with Advance Fixed Deposit to offer increased financial flexibility and security to customers. Niranjan Mendonca, Mashreq Qatar head (Retail Banking), said: “This saving product provides an instant upfront earnings to customers, which makes saving a much more rewarding proposition. It is this kind of customer need based innovation that makes Mashreq Qatar the leading financial institution in the Middle East & North Africa”.
Customers wishing to benefit from the Advance Fixed Deposit offer can contact Mashreq’s relationship managers at any of its branches in Qatar or call 44083333 for more details.