Savings Account

Key Features

• Account for Individuals, Illiterates and Non Residents in specific cases
• Account in the name of minor can be opened till he/she become major (i.e. 21 years of age) provided the account will be operated by natural guardian only i.e. father or mother of minor
• Opened basically for Savings purpose
• A/c can be opened in AED, USD and GBP
• Minimum Balance AED 1000 or equivalent amount of USD/GBP
• Interest *0.40% p.a. (subject to change)
• No Cheque Book Facility
• Free Debit Card/ Internet Banking/Mobile Banking/MpassBook
• No restriction on number of Withdrawals
• All A/cs are opened based on KYC guidelines as prescribed by the Central Bank of UAE
• Free remittance to India through ATM /Internet Banking/Mobile Banking.

Eligibility

• Duly filled Account opening application form (Signed in front of bank officials)
• Photocopy of valid Passport including address page & valid VISA page.
• Copy of valid emirates ID
• Photocopy of valid labor contract (In case of salary account)
• No objection certificate from sponsor
• Two recent passport size photographs
• Copy of Tenancy contract/ Ejari wherever applicable
• Original documents to be presented for verification

Charges

As applicable from time to time, please refer Service charges guidelines separately or click Service charges to see more details.

Apply Online

Download Form

Account Opening form