Savings Account

Our Saving Bank Accounts offer an interest rate of 3.00% p.a. This account is for Personnel customers only. The account operation is by way of withdrawal slip and by way of cash and cheque deposits through counter, other branch, bank and ATM. All account holders are eligible for ATM card. Transactions concerning these accounts can be conducted through telebanking   as well.

• The account operation is by way of withdrawal slips and by way of cash and cheque deposits
• This is an interest bearing savings account suited for individuals only including minors.
• Interest is will be accrued each month on the lowest balance of the month and will be applied to the customer account once in a year or on closure of account.
• A minimum balance of AED500.00 to be maintained at all times
• Corporate/Companies cannot be opened these accounts.
• Standing Orders for transfer of funds from one account to another and for remittances.
• Yearly statements of accounts are issued free of charge up to date record of transactions. Statement can be issued at any frequency to suit the needs of the customers as per their requests.
• Clearing and Collection Clearing cheque are accepted.