ADIB Banoon Children’s Savings Account

Last Updated on 11 August 2021

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ADIB Bank

Banoon Children’s Savings Account

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Relationship Manager

No

Yes

ADIB
min balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

No

Relationship Manager

Yes

Currency Account

View details on bank page

Features

  • This is an Islamic account
  • The profit rate varies depends, on the balance of the account.
  • There is no monthly fees on this account.
  • This account can be opened in USD, AED, GBP and EUD.
  • There is no minimum balance required on this account.

Required Documents

  • Passport/ID of Parent.
  • Passport/ID of child.
  • Valid Visa for expatriates.
  • 1000 AED as opening balance.
  • Valid Emirates ID of Parent & Child (for UAE Nationals & Residents)​

Main Benefits

  • You can avail a special Darhoom Debit Card.
  • You can avail standing instructions for an easy convenience to help you save regularly.
  • Get the help of mobile app, to make your banking experience easier.
  • You can also get a higher expected profit rate.
  • There are no rewards on this account.

Rewards

  • There are no rewards on this account.

Frequently Asked Questions

⭐ How can I apply for ADIB Banoon children savings account?

A. The applicant can open ADIB Banoon children savings account online, by giving a call at 8002828 (toll free) or +97126100600 (outside UAE) & can visit the nearest ADIB branch for opening the account.

⭐ What are the documents required for ADIB Banoon children savings account?

A. The documents required for ADIB Banoon children savings account are, Valid ID/Passport of Parent, Valid ID/Passport of Child, Valid Visa for UAE expats, Emirates ID of parent & child (for UAE residents), Initial deposit 1000 AED.

⭐ Is ADIB Banoon children savings account come under Sharia Compliant?

A. Yes. This account is Sharia Compliant based account.

⭐ Do we get any profit rates on ADIB Banoon children savings account?

A. Yes. We can expect higher profit rates on ADIB Banoon children savings account.

⭐ When we get profit rates on Banoon children savings account of ADIB?

A. We can get a profit on a quarterly basis​.

⭐ Do we get any ATM/Debit card on ADIB Banoon children savings account?

A. Yes. Account-holders receive Darhoom Prepaid Debit Card on their Banoon children savings account.

⭐ What is the main features of Darhoom Prepaid Debit Card of Bannon children savings account?

A. The special cartoon character created on this card to teach children about the importance of savings.

⭐ In which currency can we do transactions with ADIB Banoon children savings account?

A. Account-holders can perform transactions in AED, EUR, GBP currencies.

ADIB

ADIB is a Public Joint Stock company and is one of the largest banks in the UAE region. Its values include transparency in services, an atmosphere of hospitality and tolerance followed by nature of simplicity and sensibility.

ADIB stands as one of the best banks of UAE by carrying out all the transactions, contracts and services by abiding Ismalic Shari'a principles.

   Get in touch with ADIB Customer Care

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