rakbank Bank
Values:
Rakbank offers its services to the customers with its values of integrity, transparency, a collaboration of all its team members to generate better ideas and accountability to the shareholders
Services:
Services provided by Rak Bank include
  • Accounts like Current account, savings account, RO booster, RAKsave, Gold Account
  • Cards like World card, Air Arabia card, High Flyer card, Platinum card, Titanium card, RED card.,
  • Loans like Home in one, personal loan, mortgage home loan, RAKauto loan, UK mortgage loan
  • And many other services like insurance, salary transfer, and RAK money transfer.,

Rakbank

CEO: Peter England
Chairman: Mohamed Omran Al Shamsi
  • Rakbank (National Bank of Ras Al Khaimah) was founded in 1976 with its headquarters in the emirate of Ras Al Khaimah.
  • It has undergone a transformation in 2001 due to its shift from Corporate to Personal and Business Banking
  • Rakbank has 39 branches and 293 ATMs in the UAE providing conventional and Islamic retail, small businesses and commercial banking services.

Business Loan Business Loan

Deposit Account Deposit Account

Credit Card Credit Card

Current Account Current Account

Sme Account Sme Account

Personal Loan Personal Loan

Savings Account Savings Account

Home Loan Home Loan

Islamic Account Islamic Account

Car Loan Car Loan

Premier Account Premier Account

Business Loan Provided by Rakbank

Point of Sales Finance

Maximum Loan

3000K

Time In Business

12 Years

Min Annual Turnover

300K

Tenure

60 Years

3000K

Max Finance Amount

300K

Min Annual Turnover

60 Years

Tenure

Commercial Real Estate Loan

Minimum Loan

10000K

Maximum Loan

10000K

10000K

Min Finance Amount

10000K

Max Finance Amount

RAKfinance Loan

Maximum Loan

3000K

Time In Business

6 Years

Min Annual Turnover

300K

Tenure

60 Years

3000K

Max Finance Amount

300K

Min Annual Turnover

60 Years

Tenure

Working Capital Finance

Flat Rate

10%

Reducing Rate

18%

Maximum Loan

3000K

Early Settlement Fee

2%

Min Annual Turnover

1200K

Tenure

72 Years

Processing Fee

2%

10%

Flat Rate

18%

Reducing Rate

3000K

Max Finance Amount

2%

Early Settlement Fee

1200K

Min Annual Turnover

72 Years

Tenure

2%

Processing Fee