Mashreq Easy Saver Account

Last Updated on 09 June 2020

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Mashreq Bank

Easy Saver Account

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Annual Fee

AED 0

Minimum Salary

AED 5K

Relationship Manager

Yes

Mashreq
min balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

min salary

AED 5K

Minimum Salary

relationship manager

Yes

Relationship Manager

View details on bank page

Features

  • Even Non-Residents are eligible
  • Monthly income of AED 5000 is required
  • No minimum balance maintenance requirement
  • Interest rate provided is based on the balance maintained

Main Benefits

  • Can access the account in foreign currencies
  • Can transfer the funds in no time using online banking facility
  • Interest rate of 0.25%-0.70% is provided
  • Debit card is not provided in order to limit the unnecessary expenses

Frequently Asked Questions

⭐ Are self employed individuals eligible to avail this account?

A. Yes, both self employed and salaried individuals are eligible to access Mashreq Easy Saver account.

⭐ Is it mandatory to have a savings account or current account?

A. Yes, to avail Easy Saver account you need to have an existing savings or current account.

⭐ How many easy saver accounts can I open?

A. One person can have a maximum of 10 accounts.

⭐ Can I access the account in foreign currencies?

A. This account can be accessed in AED and USD only.

⭐ What are the interest rates provided on foreign currency balance?

A. Yes, 0.25% to 0.65% of interest is provided on the existing balance.

⭐ Who is eligible to open Mashreq Easy Saver Account?

  • UAE residents
  • Non UAE residents
  • Minimum monthly income AED 5,000
  • ⭐ Is there any requirement to maintain Mashreq Easy Saver Account?

    A. No. There is no minimum balance required to maintain this account.

    ⭐ What is the monthly fee of Mashreq Easy Saver Account?

    A. The monthly fee is zero for this account.

    ⭐ On which basis do we earn profit on Mashreq Easy Saver Account?

    A. The profit is credited every month based on the monthly average balance.

    ⭐ How can I access Mashreq Easy Saver account?

    A. One can access this account through its Online & Mobile banking services.

    Mashreq

    Mashreq Bank is a private sector bank established in 1967. It was started by Al-Ghurair Group and it also known as largest private sector bank. Mashreq Bank provides both retail and commercial services to their customers.

    Mashreq provides a wide range of products and services that suits the needs of every customer. It works with an aim to provide their customers best banking experience and establish a good customer bank relationship. Mashreq Bank has marked its presence globally by starting their operations at regions like Bahrain, Egypt, Kuwait, Qatar. It also has branches in New York, Mumbai(India), London and Honk Kong.

       Get in touch with Mashreq Customer Care

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