Account Features Fixed Return Earn a guaranteed profit rate that stays the same throughout your investment term. No Maximum Limit Start from $50,000, or its foreign currency equivalent, with no upper limit. Flexible Tenure Choose an investment period from 1 to 12 months. Currency Options Open your account in SAR, GBP, USD, or EUR. Payout at Maturity Receive your profit at maturity, either reinvest it or have it credited to your account. Early Withdrawal Withdraw your funds before maturity when needed, subject to a handling fee. Available at Select Branches Visit any of our Regional Head Office branches in Khobar, Jeddah, Jubail, or Riyadh to open your account. Locate Branch Eligibility Criteria Required Documents Saudi Citizens Eligible from 15 years and above with a valid National ID. GCC Citizens (Bahrain, Kuwait, Oman, Qatar, UAE) Applicants must be 18 years of age or older and provide a valid passport or National ID, in addition to proof of a local Saudi address (including a utility bill, lease agreement, property deed, or an official letter issued by a Saudi sponsor), as well as proof of home country address. Non-Saudis (Non-GCC) Eligible from 18 years and above with a valid residency permit (Iqama). Primary Account Requirement Eligible for individuals with an active SAIB account. View full Terms & Conditions SAIB Time Deposit Agreement Form A form to be completed at the branch when opening your Time Deposit. View full Terms & Conditions Frequently Asked Questions How do I earn profit from a Time Deposit? You earn a fixed profit rate based on your deposit amount and chosen term. The profit is paid at maturity or according to the agreed schedule. Can I withdraw my funds before maturity? Yes. However, early withdrawal may result in reduced or forfeited profit depending on the remaining term. Terms and conditions apply. Is the profit rate fixed or variable? The profit rate is fixed and agreed upon at the time of opening the deposit. Can I open multiple Time Deposits? Yes. You can open multiple Time Deposits with different amounts and tenures. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms.