Standard Chartered Saadiq Savings Account

Last Updated on 16 June 2020

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Standard Chartered Bank

Saadiq Savings Account

Min Balance to Maintain

AED 3K

Monthly Fee

AED 0

Annual Fee

AED 0

Relationship Manager

No

Yes

Standard Chartered
min balance

AED 3K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

relationship manager

No

Relationship Manager

Yes

Currency Account

Apply Now

View details on bank page

Features

  • This is an Islamic account by nature.
  • There is no monthly fees on this account.
  • This account can be opened only in AED, USD, GBP and Euro.
  • You need a minimum balance of AED 3000 to avail this account, which is without a salary transfer.
  • You need a minimum salary of AED 5000, to be eligible for this account
  • The profit is calculated on monthly average balance and is credited half yearly.

Main Benefits

  • Avail internationally recognised debit card.
  • You can access your funds conveniently for 24/7.
  • You can set up standing instructions for this account.
  • You can deposit cash at Standard Chartered cash deposit machines.
  • Avail higher withdrawals limits with this account.
  • You can easily make your utility bill payments with you savings account, like DEWA, du and Etisalat.
  • You can receive SMS alerts on all the transactions performed with your account.
  • Bank online and avail e statements with this account.

Frequently Asked Questions

⭐ How can I apply for a Saadiq Savings Account with Standard Chartered Bank?

A. The applicant can apply for Saadiq Savings account through online form or can call Standard Chartered customer care service

⭐ What are the eligibility criteria required for opening a Saadiq Savings account?

  • Age limit at least 18 years
  • Must have a valid UAE mobile number
  • UAE Nationals, Residents & Non-residents individuals
  • Minimum average monthly balance of AED 3,000
  • ⭐ Is Saadiq Savings account Sharia Compliant?

    A. Yes. This account is based on Islamic principles & it is Sharia compliant.

    ⭐ Do we get a debit/atm card on this account?

    A. Yes. Saadiq Savings account provides the internationally recognized debit card to their customers.

    ⭐ Do we get any profit on the Saadiq Savings account & how can we calculate it?

    A. Yes. We can earn higher profits that are calculated on the monthly balance maintained in the account.

    ⭐ What is the minimum initial balance required for opening a Saadiq Savings account?

    A. AED 10,000 minimum initial deposit required for opening this account.

    ⭐ What is the minimum balance required to maintain this account?

    A. AED 3,000 is required as a minimum balance to maintain this account.

    ⭐ Is there any monthly service charge with a Saadiq Savings account?

    A. No. The monthly service charge is zero on this account.

    ⭐ What is the fall below fee if I don’t maintain the minimum monthly balance of the Saadiq Savings account?

    A. The fall below fee is AED 26.25 if you don’t maintain the account.

    ⭐ What are the other benefits that we get on this account?

  • Higher withdrawals limits
  • Local bill payments
  • SMS alerts
  • Free eStatement etc
  • ⭐ In which currency we can open a Saadiq Savings account?

    A. This account is available in AED, USD, GBP & Euro.

    ⭐ How can I access Saadiq Savings account?

    A. You can get 24/7 access through its online & mobile banking & SMS service.

    ⭐ Do we get eStatements on this account?

    A. Yes. Saadiq savings account provides eStatements to the account holders.

    Standard Chartered

    A leading international banking group, with a rich history of over 150 years, Standard Chartered Bank (SCB) has been present in the UAE since 1958. SCB offers a range of products under Islamic and Conventional banking and is one of the leading financial institutions in UAE. Their main objective is ‘to offer outstanding value to customers and clients by providing a knowledgeable, efficient and reliable service in a personal, helpful and responsive manner’.

    Corporate Values of the Standard Chartered Bank:

    • Knowledge
    • Efficiency
    • Reliability in Service
    • Personal Approach
    • Helpful and Responsive Mannerisms

       Get in touch with Standard Chartered Customer Care

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