Ajman Bank

Ajman

https://www.ajmanbank.ae

Bank Logo
Ajman Bank

Branches

Ajman Bank Ajman Bank - Sheikh Zayed Road

Ajman Bank - Sheikh Zayed Road

Ground Floor, Eiffel Boulevard Limited Building(EIFFEL - 2 - Sheikh Zayed Rd - Dubai

Ajman Bank Ajman Bank - Main Branch

Ajman Bank - Main Branch

Al Ettehad Street, Next to Etisalat Building, Mushairef - Ajman

Ajman Bank Ajman Bank Ajman Free Zone Branch

Ajman Bank Ajman Free Zone Branch

Building C1, - Sheikh Rashid Bin Saeed Al Maktoum St - Ajman

Personal

Deposits

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Minimum Deposit: AED 10,000.00
Tenure: 30 - 365 days
Interest Rate: 1%
Payment Frequency: Quarterly
Early Withdrawal Penalty: Profit recalculated at applicable savings account profit rate
Islamic Deposit: Yes

Features:

Funds are invested based on unrestricted Mudaraba contract. Auto-renewal option available.

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Minimum Deposit: AED 100,000.00
Tenure: 30 - 1080 days
Interest Rate: 3.75%
Payment Frequency: End of Tenure
Early Withdrawal Penalty: Lower profit payout applied based on tenure completed
Islamic Deposit: Yes

Features:

Bank acts as an agent (Wakeel) to generate returns; anticipated profit is subject to investment performance.

Mortgages

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Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 300 months
Loan-to-Value (LTV): %
Processing Fee: 1% of the loan amount (max AED 100,000).

Features:

Profit calculation follows a reducing balance method.

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Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 300 months
Loan-to-Value (LTV): %
Processing Fee: 1% of the loan amount (max AED 100,000).

Features:

Subject to project completion milestones.

Car Loans

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Interest Rate: 3.65% reducing
Maximum Loan Amount:
Loan Tenure: 60 months
Loan-to-Value (LTV): 80.00%

Features:

Murabaha-based Shariah-compliant auto finance, ownership transfers upon full repayment, finance up to 80% of car value, flexible repayment options.

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Interest Rate:
Maximum Loan Amount:
Loan Tenure: 24 months
Loan-to-Value (LTV): 50.00%

Features:

50% upfront payment and 50% deferred over 24 months, no profit rate, designed for those preferring structured payments.

Safe Deposit Lockers

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Annual Rental Fee: AED 200.00
Security Deposit: AED 3,000.00
Availability: Not specified
Access Frequency: Branch hours only
Locking Mechanism: Dual key system (customer key + bank master key)

Special Features:

Dual key system

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Annual Rental Fee: AED 250.00
Security Deposit: AED 3,000.00
Availability: Not specified
Access Frequency: Branch hours only
Locking Mechanism: Dual key system (customer key + bank master key)

Special Features:

Dual key system

Personal Loans

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Flat Interest Rate: N/A
Reducing Rate: 3.75%
Max Loan Amount: AED 200,000.00
Loan Tenure: 48 months
Min Salary: AED 5,000
Processing Fee: 1.00%

Features:

Funds disbursed directly or via authorized travel partner arrangements

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Flat Interest Rate: N/A
Reducing Rate: 3.75%
Max Loan Amount: AED 500,000.00
Loan Tenure: 48 months
Min Salary: AED 5,000
Processing Fee: 1.00%

Features:

Financing disbursed to educational institution or student as needed

Savings Accounts

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Interest Rate Not Applicable
Minimum Balance: AED 3,000.00
Account Type Islamic Savings (Mudarabah)
Open Online: No
Ajman Bank Logo
Interest Rate Not Applicable
Minimum Balance: AED 3,000.00
Account Type Islamic Savings (Mudarabah) with Prize Draws
Open Online: No

Business

Business Current Accounts

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Min. Avg. Balance: AED 25,000.00
Monthly Fee: AED 350.00
Ajman Bank Logo
Min. Avg. Balance: AED 100,000.00
Monthly Fee: AED 500.00

SWIFT Codes

Ajman Bank
AJMNAEAJ

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