United Arab Bank Islamic Escalator Deposits- 2nd six months
Last Updated on 09 August 2021
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Islamic Escalator Deposits- 2nd six months
- Applicant should be 18 years & above
- Passport and valid resident Visa
- UAE National ID
- Non residents need to provide address proof and bank statement also
- Free Online Banking, Phone Banking and Mobile Banking options are available
- Flexible tenure from one month to a year or more
- You get the facility to pay Interest at the time of full withdrawal
- Early redemption is possible, no penalty on full early termination
- Competitive and flexible rates with no hidden charges are provided
- Available against the deposit under lien
Frequently Asked Questions
⭐ Does this account come under Sharia Compliant?
A. Yes. This account comes under Sharia Compliant.
⭐ Is there any facility of Online Banking Services with UAB Islamic Escalator Deposit- 2nd six months?
A. Yes. This account provides its online banking services to the account holders.
⭐ What is the interest rate we get on a Islamic Escalator Deposit- 2nd six months?
A. The interest rate on this account is 1.25% p.a.
⭐ Is there any annual fee on UAB Islamic Escalator Deposit- 2nd six months?
A. No. The annual fee is zero for this scheme.
⭐ Is there any penalty fee if I close this account early?
A. No. There is no penalty on this account if you close before maturity.
Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :
- Customer Focus
Get in touch with United Arab Bank Customer Care