Deposit Products

Turn your goals into reality

It’s easier to reach your savings goals when you have the right account. Let Habib Canadian Bank help you choose the one that will get you there.

Term Deposit Account (Guaranteed Investment Certificate – GIC)

The Longer You Save, The More You Earn. Invest with Habib Canadian Bank and enjoy the following benefits:

  • Guaranteed rates of return
  • Investment for a term up to 5 years
  • Automatic Renewal option
  • Available in Canadian and US dollars
  • Canadian dollar deposits are eligible for Canadian Deposit Insurance Corporation (CDIC) insurance
  • Avail a loan secured against your deposit (corresponding to the term of your deposit )*
  • Available for personal and business clients
  • Minimum Deposit of $5,000 for Business accounts

View our current term deposit rates

*Certain conditions apply

Hi-Rate Savings Plus

For short term investment where you require immediate or frequent access to your funds, then Habib Canadian Bank’s Hi-Rate Savings Plus account is the right account for you with the following benefits:

  • Immediate access to your funds
  • Attractive interest rates to earn on every dollar you save
  • Savings can easily be moved to a Term Deposit at your request
  • Available in Canadian dollars
  • Canadian dollar deposits are eligible for Canadian Deposit Insurance Corporation (CDIC) insurance
  • Automatic Savings Plan at no charge: Make automatic contributions to your savings with Habib Canadian Automatic Savings Plan (Minimum $100.00 contribution per month required)
  • Available for business clients with a minimum balance of only $2000

View our current Hi-Rate Savings Plus rates

Hi-Rate Deposit Notice Account

Habib Canadian Bank`s unique product – the Notice Deposit account offers high interest rates with the flexibility to withdraw the funds with a 32 day or 45 day notice depending on the notice period product you choose. This account provides the following benefits:

  • Attractive interest rates
  • No fees/charges applicable to the account
  • Funds can be withdrawn by providing a notice of withdrawal at any time. The funds are made available to you on the day the notice period is over. Choice of 32-day or 45-day notice period product is available
  • Offered in Canadian dollars
  • Minimum balance of $5,000
  • Partial withdrawals are allowed as long as $5,000 remains in the account. Notice period must be satisfied before funds are paid out
  • Available for business accounts
  • CDIC insured for eligible deposits

View our current Hi-Rate Deposit rates