
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | No |
Minimum Age | 18 Years |
Flat Interest Rate | 1.00% - Fixed 1% per annum, paid at maturity |
Interest Payment Frequency | At maturity |
Islamic Banking | No |
Minimum Balance Requirement | AED 0.00 |
Below Minimum Fee | AED 0.00 |
Early Closure Fee | AED 0.00 |
Supported Currencies | AED |
Prize Draw | No |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | No |
Regular Deposits Details | No minimum monthly deposit specified (though a stable deposit plan is implied to achieve the savings goal) |
Joint Account Allowed | Yes |
Minor Allowed | No |
savings_accounts.can_open_online | Yes |
Mobile Banking | Yes |
Debit Card | No |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | Yes |
Goal-Based Savings Details | Designed to help achieve a specific savings target over a fixed term |