Benefits
- It is a Sharia Compliant Savings Account
- A debit card is provided.
- Monthly profit rate & quarterly distribution
- Free quarterly e-statement option available
- Free utility bill payment such as Etisalat, FEWA, DEWA, SEWA, Salik Recharge
- Can open in UAE Dirhams, US Dollar, Pound Sterling or Euro
- Rewards on all-season shopping
- Special offers while you stay with over 300,000 hotels
Fees & Charges
- Account Closure (Within one year)= AED 100
- Non-Ajman Bank ATM Transactions in UAE- Cash Withdrawal= AED 2
- Non-Ajman Bank Transactions in UAE- Balance Inquiry / Declined Transaction= AED 1
- Fee for using the ATM outside UAE and GCC= As per host country or AED 20 (whichever is higher)
Interest Rates
- Interest Rate for AED account = 0.13% per annum
- Interest Rate for USD account = 0.06% per annum
- Can change as per bank norms
Documents Required
UAE Nationals:
- A copy of the passport
- Emirates identity card
- Resident visa
- Salary certificate of the applicant
Residents:
- Copy of visa
- Emirates identity card
- Copy of the passport
- Salary certificate of the applicant
Eligibility
- For UAE nationals and residents
- Individual account
- Must be 18 years old or above
Addition Information
- Maintain a minimum balance of AED 3,000 on savings account
- Monthly fee of AED 25 for non-maintaining the minimum account balance
- Various electronic channels such as internet banking, phone banking, SMS for making banking transactions
- Free SMS alerts on this account