Account for  Individuals, Minors, Illiterates and NRIs in specific cases

Opened basically for Savings purpose

A/c can be opened in AED, USD, GBP and EUR

Minimum Balance AED 1000 or equivalent amount of USD/E/GBP

Interest *0.40% p.a. (subject to change)

No Cheque  Book Facility

Free ATM card(s) provided

No restriction on number of Withdrawals

All A/cs are opened based on KYC guidelines as prescribed by the Central Bank of UAE

Duly filled application form with signature card

Original Passport with photocopies of all relevant pages including pages of indian address,parents names and visa

Photocopy of valid labor card

Two recent passport size photographs

Original documents to be presented for verification

Other Details

Minimum Balance required for opening and operating the account is as follows failing which AED 50/- will be deducted every month for non compliance. If balance reaches to a stage when minimum balance charges are not recoverable from the account, Bank has the right to close such account

If there are no operations in the account continuously for two years, such account may be treated as dormant. Such account may be revived at the discretion of the bank on submission of required documents and payment of service charge of AED 50/-

Minimum daily balance

AED 1000/-

Non maintenance charges-AED 50/- per month

A/c. Maintenance charges

AED 25/-

Every 6 months i.e. March and September every year

Cheque Return Charges

AED 200/-

Every outward - return cheque charges

Half yearly charges for Dormant A/c

AED 25/-

Every 6 months

Account closeing charges

AED 100/- if closed before completion of 1 year and AED 50/- if closed after completion of 1 year

Charges for re-issue of ATM

AED 50/-

Other Service Charges

As per NOTICE displayed in Bank premises from time-to-time

Download the application form