Abu Dhabi Islamic bank Savings Account: Abu Dhabi Islamic Bank (ADIB) Savings Account can be a safe, profitable and convenient option that offers you the opportunity to grow your savings while keeping them safe.
ADIB, which prioritizes excellence in banking services and customer satisfaction, has specially designed this savings account to help you meet your financial needs with ease.
This account not only gives you easy access to your savings, but also gives you the opportunity to earn profits every quarter.
If you have gone to Dubai for a trip or you are working in Dubai, then you can open your savings account in this bank account. To open an account, you can download its application in your mobile or you can go to your nearest branch and open it in just 5 minutes by verifying your Emirates ID, passport and visa. After opening the account, the facility of welcome kit, iban number, Swift code is also provided.
This article describes the complete process of opening a zero balance savings account in Abu Dhabi Islamic Bank, following which you can easily open your bank account.
About Abu Dhabi Islamic Bank Savings Account
One of the key benefits of an ADIB Savings Account is the free unlimited teller transactions offered at over 60 branches.
These branches spread across the UAE also include Dana women’s banking branches and mall branches with extended hours, where you can avail free teller services.
This facility gives you the freedom to meet your banking needs anytime and anywhere.
Apart from this, you also have access to the ADIB Visa Debit Card. This card allows you to check balance, withdraw cash, pay bills and transfer funds for free at over 500 ADIB ATMs and ATMs of other banks (charges may apply).
You can also use this card to make purchases at local and international retail stores, making your shopping experience even easier and convenient.
ADIB Another important benefit of a savings account is quarterly profits. Profits are calculated on a monthly basis and credited to your account on a quarterly basis.
To earn profits, you need to have a minimum monthly balance of AED 5,000 in your account. Thus, you can benefit from additional income while growing your savings.
Through the ADIB Mobile Banking App you can manage your account anytime and anywhere.
This app can be downloaded from the iTunes App Store, Google Play Store, or HUAWEI AppGallery. Through the app you can easily access all your account information and avail various banking services.
Under 24 hour banking services, ADIB also offers e-ADIB Internet Banking, Telephone Banking and SMS Banking services.
Also Read: Abu Dhabi Commercial Bank (ADCB)’s Active Saver Online Bank Account Opening
These services help you to meet your banking needs no matter where you are.
You can also manage your time by setting standing instructions for regular transactions, such as bill payments, fund transfers, donations or installments. Also, get free statements delivered to your mailbox every month through free e-statements.
Your online shopping is also made secure through ADIB WebSecure. You can also maintain your account in currencies like AED, US Dollar and GBP, however the ATM card can only be used in AED currency.
This investment account is based on Islamic principles where you share profits and bear losses as specified in the banking service agreement.
Documents required to open an account include a valid passport and Emirates ID.
Thus, Abu Dhabi Islamic Bank Savings Account offers you a secure, profitable and convenient banking experience.
With its various benefits and features, you can manage your money easily and efficiently.
Abu Dhabi Islamic Bank (ADIB) Overview
Here is the information about ADIB bank account which is as follows:
| Bank Name | Abu Dhabi Islamic Bank (ADIB) |
|---|---|
| Account Type | Savings Account |
| Main Benefits | – Free unlimited teller transactions at over 60 branches across the UAE – Free ADIB Visa Debit Card – Expected quarterly profits – Convenient mobile banking app |
| Branches | Over 60 branches across the UAE |
| ADIB Visa Debit Card | Free for account holders |
| Quarterly Benefits | Expected profits credited quarterly |
| Account Opening Process | Visit nearest ADIB branch with necessary documents (valid passport and Emirates ID), fill out the form, and submit required documents |
Abu Dhabi Islamic Bank Savings Account, including its main benefits, availability of branches, features of the ADIB Visa Debit Card, quarterly benefits, and the account opening process.
Abu Dhabi Islamic Bank Required Documents
1. Passport (for UAE citizens, residents and non-residents): For joint account, please bring all original passports and presence of all account holders is required.
2. Valid Emirates ID (for UAE citizens and residents).
Abu Dhabi Islamic Bank Eligibility Criteria
1. You must have UAE citizenship, residency or non-resident status.
2. You must have a valid passport and Emirates ID.
Abu Dhabi Islamic Bank Account opening process
The process of opening a savings account in Abu Dhabi Islamic Bank is very easy. You can open this bank account by visiting your nearest branch or you can download its mobile application from Google Play Store and fill in your personal information and complete the account process in just 5 minutes. The online process of opening an account is given here, which is as follows:
1. First of all install Abu Dhabi Islamic Bank’s mobile banking application in your device.
2. Now open this application and then click on Get Started.
3. After this a new page will open where you will be asked some questions like whether your bank account exists in this bank, after this click on the Next button.
4. Now enter your mobile number, accept the terms of condition, click on the Next button.
5. An OTP will be sent to your registered mobile number, enter that OTP.
6. After this scan your Emirates Id.
7. After this you will get UAE Residence Visa And Scan your passport as well
8. After this, select your country of birth where you were born.
9. After this, you have to enter your employment details like employment status, after this, click on the declaration tab. Now you have to enter your monthly salary, company name etc. details.
10. After this, enter your current address here.
11. Now choose saving account from product type.
12. After this, verify your email ID.
13. Now enter your address where you want to receive the welcome kit for your account, after this upload your utility bill.
14. On the next page, the tax declaration form will appear where you will read all the terms and conditions once and then click on the next button.
15. Now on the next page, the debit card details will be asked where you enter the name you want on the debit card.
16. After this, select your nearest branch.
17. In the last step, you have to upload your signature here and submit this application form.
18. After this, OTP will be sent again to your registered mobile number, enter that OTP here.
19. Now the process of opening the account is completed here, after 24 hours your account number and IFSC code are sent to your email ID and SMS.
In this way you will be able to easily open your savings account in Abu Dhabi Islamic Bank.
Also Read: Mashreq Easy Saver Account Opening Online
Abu Dhabi Islamic Bank Account Benefits
If you open your savings account in Abu Dhabi Islamic Bank, then many types of benefits are given to you in this account, which are as follows:
1. FREE UNLIMITED TELLER TRANSACTIONS : Enjoy free teller services at over 60 branches across the UAE.
2. FREE ADIB VISA DEBIT CARD: Check balance, withdraw cash, pay bills and transfer funds at over 500 ADIB ATMs and other banks’ ATMs.
3. EXPECTED QUARTERLY PROFIT : Profit is calculated on a monthly basis and credited to your account quarterly.
4. ADIB MOBILE BANKING APP : Bank anywhere, anytime.
ADIB Saving Account Banking Facility
1. ADIB Mobile Banking App: Bank anytime, anywhere by downloading the ADIB Mobile Banking App from the iTunes App Store, Google Play Store, or HUAWEI AppGallery.
2. Currency Selection: You can hold an account in AED, US Dollars and GBP (ATM card is for use in AED currency only).
3. Free e-Statements: E-Statements are sent to your mailbox every month.
4. 24 Hour Banking Services : Apart from the mobile app, services such as e-ADIB Internet Banking, Telephone Banking and SMS Banking are also available.
5. Free ADIB Visa Debit Card : Check balances, withdraw cash (with high withdrawal limits), pay bills and transfer funds.
6. Free Unlimited Teller Transactions : Enjoy free teller services at over 60 branches across the UAE, including Dana Women Banking branches and mall branches.
7. Expected Quarterly Profit : Profit is calculated on a monthly basis and credited to your account quarterly, provided you maintain a minimum balance of AED 5,000 per month.
8. Standing Instruction : Setup automatic payments for regular transactions.
9. ADIB WebSecure : Solutions to make online shopping safer.
FAQ Frequently Asked Questions
1. Do I need to maintain a minimum balance to open the account?
Yes, you need to maintain a monthly minimum balance of AED 5,000 to earn benefits.
2. Is there an annual fee on the debit card?
No, the debit card is free.
3. How is it Sharia compliant?
This investment account is based on the Islamic principle of “Mudaraba”, where you share profits and bear losses as per the banking service agreement.
Conclusion
ADIB’s savings account is not only a great way to keep your savings safe, but also gives you access to a number of free services and quarterly profits. If you want a simple savings account that is in line with Islamic principles, then ADIB’s savings account may be the right choice for you.
Abu Dhabi Islamic Bank (ADIB) Savings Account is a safe, profitable and convenient option that offers you the opportunity to grow your savings while keeping them safe. ADIB, which prioritizes excellence in banking services and customer satisfaction, has specially designed this savings account to help you meet your financial needs with ease.
This account not only gives you easy access to your savings, but also gives you the opportunity to earn profits every quarter.
