Mashreq

Dubai

https://www.mashreqbank.com

Bank Logo

About Mashreq Bank

Mashreq, also known in Arabic as بنك المشرق, is the oldest privately owned bank in the United Arab Emirates and one of the longest-standing banking institutions in the Middle East. With its headquarters in Dubai, UAE, Mashreq operates as a public company and employs between 1,001 to 5,000 staff members, marking it as a significant player in the banking industry.

Services and Operations

Mashreq offers a broad spectrum of banking solutions tailored to suit a variety of needs. Recognized for its digital banking services, Mashreq provides options for Credit Cards, Personal Loans, Investments, and Insurance, among other services. Furthermore, Mashreq operates robust online banking platforms, making it easier for customers to manage their finances remotely.

Customer Care

Mashreq takes customer service seriously, offering direct helplines for customer care within and outside the UAE. The bank is regulated by the Central Bank of the United Arab Emirates, ensuring compliance with banking regulations and standards.

Global Presence

As a leading bank for the UAE and the MENA region, Mashreq has a global footprint across key trade corridors. With a record spanning five decades, it has established a significant presence in the global banking scene. The bank's influence extends beyond the UAE, marking it as a critical financial institution in the international banking landscape.

Branches

Mashreq Mashreq Dubai Internet City – Full Service

Mashreq Dubai Internet City – Full Service

Plot No A 9 - 10 Al Farqad St - off Al Falak Street - Al Sufouh - Dubai Internet City - Dubai

Mashreq Mashreq Mall of the Emirates - Electronic Service Unit

Mashreq Mall of the Emirates - Electronic Service Unit

Business Central Towers, Ground Floor - Sheikh Zayed Rd - Dubai Media City - Dubai

Mashreq Mashreq Abu Dhabi Main Branch – Full Service

Mashreq Abu Dhabi Main Branch – Full Service

Ground Floor، Blue Tower - Khalifa Bin Zayed The First St - Al Danah - Zone 1 - Abu Dhabi

Personal

Credit Cards

Mashreq Logo
APR: 46.20%
Annual Fee: AED0.00
Interest-Free Period: 0-55 days
Cash Advance Fee: 3.15% (min 210.00 AED)

Benefits:

5% cashback on local and international dining; 2% cashback on international spends; 0.33% cashback on local spends (Govt. payments, utilities, fuel, education, charity, rental, telecom); 1% cashback on other UAE spends.

Mashreq Logo
APR: 46.20%
Annual Fee: AED682.50
Interest-Free Period: 0-55 days
Cash Advance Fee: 3.15% (min 210.00 AED)

Benefits:

5% cashback on Noon, SIVVI, and NowNow purchases; 1% cashback on other spends.

Mortgages

Mashreq Logo
Interest Rate: 2.99%
APR: 6.60%
Loan Tenure: 300 months
Loan-to-Value (LTV): 85.00%
Processing Fee: 1.05% of loan amount (min AED 5,250).

Features:

Includes free property insurance for the first year.

Mashreq Logo
Interest Rate: 3.49%
APR: N/A
Loan Tenure: 240 months
Loan-to-Value (LTV): 60.00%
Processing Fee: 1.05% of loan amount (min AED 5,250).

Features:

Designed for international investors buying in Dubai or Abu Dhabi.

Car Loans

Mashreq Logo
Interest Rate: 5.99% reducing
Maximum Loan Amount: AED 100,000.00
Loan Tenure: 48 months
Loan-to-Value (LTV): %

Features:

Personal Loans

Mashreq Logo
Flat Interest Rate: 7.49%
Reducing Rate: 7.49%
Max Loan Amount: AED 1,000,000.00
Loan Tenure: 48 months
Min Salary: AED 0
Processing Fee: 1.05%

Features:

Fixed reducing balance interest rate for the life of the loan; clear, transparent terms.

Mashreq Logo
Flat Interest Rate: 10.49%
Reducing Rate: 10.49%
Max Loan Amount: AED 800,000.00
Loan Tenure: 48 months
Min Salary: AED 0
Processing Fee: 1.05%

Features:

Flexible reducing balance interest rate; competitive processing fee; mandatory salary transfer.

Savings Accounts

Mashreq Logo
Interest Rate 1.00%
Minimum Balance: AED 0.00
Account Type Goal-based
Open Online: Yes
Mashreq Logo
Interest Rate Not Applicable
Minimum Balance: AED 0.00
Account Type Standard Savings
Open Online: Yes

Business

Business Current Accounts

Mashreq Logo
Min. Avg. Balance: AED 0.00
Monthly Fee: AED 200.00
Mashreq Logo
Min. Avg. Balance: AED 0.00
Monthly Fee: AED 200.00

SWIFT Codes

Mashreq
BOMLAEAD

Other Banks: