Mashreq Max Saver Account

Last Updated on 09 June 2020

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Mashreq Bank

Max 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

  • Should have an existing savings or current account at Mashreq bank
  • Can get free accident insurance cover
  • Can maintain as a zero balance account
  • Interest rate provided depends on the balance maintained

Main Benefits

  • Provides accident cover of up to AED 100,000
  • Can access the account in AED and USD currencies
  • Can open up to 10 Max Saver accounts

Frequently Asked Questions

⭐ Can anyone avail the insurance benefits?

A. The account holder of age 18-70 years can avail the accident cover.

⭐ What is the interest rate provided?

A. 0.40% - 1.50% interest on the account balance is provided.

⭐ Are there any charges for non-maintenance of the minimum balance?

A. No, there are no charges on non-maintenance of the minimum balance in the account.

⭐ What are the documents to be submitted for non-residents?

A. Non-residents needs to submit valid passport, 2 months bank statements and Visit Visa.

⭐ What are the charges to transfer amount from one account to another?

A. Transferring amount from one account to another has no charges.

⭐ Who is eligible for opening a Mashreq Max Saver Account?

  • UAE residents
  • Non-UAE residents
  • Minimum monthly income AED 5,000 salaried person
  • ⭐ What is the minimum balance required to maintain a Mashreq Max saver Account?

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

    ⭐ How many Mashreq Max Saver accounts I can open?

    A. You can open only one Max Saver account through Mashreq Online.

    ⭐ What is the basic way to calculate Mashreq Max Saver profit rates?

    A. The interest rate calculated on the average monthly balance that is credited monthly into your account.

    ⭐ In which currency can we perform transactions with Mashreq Max Saver Account?

    A. Account-holders can perform transactions in AED & USD currencies.

    ⭐ Is there any charge or limitation on money transfer with Mashreq Max Saver Account?

    A. No. There isn’t any charge on transactions made with Mashreq Max saver account.

    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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