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CBD Al Islami Mustaqbali Saving Scheme

CBD_Account

CBD

Min. Deposit

250

Interest Rate

0.00%

Choice of Terms

5 years to 18 years

Features

Internet Banking
Islamic Banking
Joint Account Possible
Mobile Banking
No Salary Transfer
Premature withdrawals
Sharia Compliant

CBD Al Islami Mustaqbali Saving Scheme is a Sharia Compliant child savings plan. Capital guarantee, minimum monthly contribution. Plan term of 5 upto 18 years, attractive expected returns.

Apply Now

Benefits

  • This is a Sharia Compliant child savings plan
  • Capital guaranteed throughout Mustaqbali plan
  • Start with a minimum contribution of AED 250 per month
  • Plan term starting from 5 years and up to 18 years
  • Option of target savings and attractive expected returns
  • Free standing order set-up for monthly contribution
  • Deposit amount can be full withdrawn at any time

Fees & Charges

NIL

Interest Rates

  • The interest rate applicable as per bank norms

Documents Required

  • National ID or valid passport, residence visa and Emirates ID for both contributor and beneficiary
  • Signature cards and photographs

Eligibility

  • For UAE National or UAE resident
  • Account is also for minors
  • Minimum monthly deposit of AED 250

Addition Information

  • Contribute little monthly savings
  • Funds placement in Shariah compliant investments
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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