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NBF Islamic Home Finance Saver

NBF Islamic Account

National Bank of Fujairah Islamic

Min. Salary

AED

Min. Balance

0 AED

Interest Rate

2%

Non Maintenance Fee

0 AED

Features

Free Debit Card
Internet Banking
Islamic Banking
Mobile Banking
Sharia Compliant
Zero Balance Account

National Bank of Fujairah Islamic Home Finance Saver is a Sharia Compliant savings account. Home financing at competitive rates, finance available up to AED 20 million. Interest on savings.

Apply Now

Benefits

  • This is a Sharia Compliant savings account
  • Financing of up to 80% of the property’s value
  • Finance of up to AED 20 million
  • Profit paid on quarterly basis
  • Flexible payment periods of up to 25 years
  • Financing for both freehold and leasehold properties across the UAE
  • Equity release and refinance options

Fees & Charges

  • Account Closure (Within one year) = AED 100
  • Non- National Bank of Fujairah Islamic ATM Transactions in UAE- Cash Withdrawal = Free 
  • Non- National Bank of Fujairah Islamic Transactions in UAE- Balance Inquiry / Declined Transaction = Free
  • Fee for using the ATM outside UAE and GCC = Charges as per host country system

Interest Rates

Interest rate applicable up to 2.00% per annum on your deposits. Rates are subject to change.

  • For deposit amount up to 2 million = 2.00% per annum
  • 2 to 5 million = 1.50% per annum
  • Above 5 million = 0.25% per annum

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 issued by the employer

Eligibility

  • For UAE nationals & residents of UAE
  • Individual & joint accounts can be opened

Addition Information

  • 0.25% p.a. expected profit will be paid on accounts in the event of more than three withdrawals in a calendar quarter
  • Get cash withdrawal anytime
  • No minimum balance requirement
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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