What is the minimum salary to open bank account in Emirates NBD?
Your salary is AED 5,000/- and above. This must be your first relationship with Emirates NBD (i.e. no previous Current or Savings Account, Credit Card or Loan).
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- Copy of passport and original passport for validation.
- Sponsor's letter of no objection.
- Salary Certificate (in case of salary transfer accounts); in the absence of a Salary Certificate, any one of the following documents may be obtained:
AED 3,000 is the minimum balance required to maintain in the Emirates NBD savings account.
- Original Passport with about a minimum three months expiry date.
- Copy of your visa page (a valid residency visa)
- A salary certificate (NOC) from employer or sponsor with minimum AED 3599 monthly salary.
- An original Emirates ID card.
The minimum salary to open a bank account in Dubai is AED 3000. If your salary fits this requirement, you can easily open a Current or Savings Account in Dubai.
Zero minimum balance required, if your salary is transferred to Emirates NBD. In case your salary is not transferred to Emirates NBD, then a minimum monthly average balance of AED 3,000/- is required to be maintained.
The minimum salary required to open a Salary account in UAE is AED 3000 - AED 10,000.
In absence of Salary Certificate, any one of the following documents to be provided : Appointment Letter / Contract Copy. Pay slip ( less than 3 month old) Most recent statement of account where customer's salary is being transferred.
- IDFC First Corporate Salary Account. Interest up to 6% ...
- RBL Bank Executive Salary Account. Interest up to 6% ...
- ICICI Bank Salary Account. Interest up to 3.50% ...
- Axis Bank Prime Salary Account. ...
- HDFC Bank Regular Salary Account. ...
- Kotak Platina Salary Account. ...
- SBI Corporate Salary Package.
Does Emirates NBD have Maintaining balance?
A minimum balance AED 3,000 has to be maintained across all accounts held by you in the Bank.
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Zero Balance Accounts in UAE.
| Account Name | Interest Rate(p.a.) | Minimum Salary |
|---|---|---|
| Commercial bank of Dubai(CBD) ESaver Account | 1.50% | AED 5000 |
| FAB iSave Account | 2% | NA |
| RAK Bank Fast Saver Online Account | 0.50% | NA |
| HSBC Esaver Account | 0.10% | NA |
| Account Name | Minimum Balance in Account | Profit Rate |
|---|---|---|
| RAKBank Savings Account | AED 0 | 0.25% |
| CBI Saver Account | AED 3000 | 1.70% |
| Standard Chartered XtraSaver Account | AED 0 | 0.60% |
| Emirates Islamic e-Savings Account | AED 0 | 1% |
Banks typically don't charge fees to open a checking account. However if the bank requires a minimum deposit, you'll need that money when you open. The required deposit can be at little as $25 or as high as a few hundred dollars for more premium accounts.
Both Wells Fargo and Bank of America can be good choices for low-income earners since the direct deposit minimums are not overly burdensome.
The eligibility criteria for the Mashreq "Happiness" Account is a minimum salary transfer of AED 10,000 to the Happiness Account. Was this useful?
Abu Dhabi Commercial Bank
It serves customers through a network of 72 branches and approximately 450 ATMs in the United Arab Emirates.
| Bank | Name of zero-balance savings account | Interest rate |
|---|---|---|
| Kotak Mahindra Bank | 811 | 4% to 6% |
| Standard Chartered Bank | Basic Banking Account | 0.5% to 4.90% |
| HDFC Bank | Basic Savings Bank Deposit Account | 3.50% to 4% |
| Axis Bank | Basic Savings Account | 3.50% to 4% |
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Zero Balance Accounts in UAE.
| Account Name | Interest Rate(p.a.) | Minimum Salary |
|---|---|---|
| Commercial bank of Dubai(CBD) ESaver Account | 1.50% | AED 5000 |
| FAB iSave Account | 2% | NA |
| RAK Bank Fast Saver Online Account | 0.50% | NA |
| HSBC Esaver Account | 0.10% | NA |
- A Smart Phone to install Liv application.
- Your Valid UAE Mobile Number.
- Your Valid Emirates ID Number.
- You should be 18 Years old.
Can I open 0 balance account?
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Latest Interest Rate for Zero Balance Savings Account.
| Bank | Name of zero-balance savings account | Interest rate |
|---|---|---|
| HDFC Bank | Basic Savings Bank Deposit Account | 3.50% to 4% |
| Bank Name | Minimum Balance | Interest Rate |
|---|---|---|
| Standard Chartered XtraSaver Account | AED 0 | 1.10% |
| Emirates Islamic e-Savings Account | AED 0 | 1% |
| Mashreq Set Up Saver Account | AED 10,000 | 2% |
| ENBD Mudaraba Savings Account | AED 3,000 | 1.35% |
