United Arab Bank Escalator Deposits- 2nd six months

united-arab-bank Bank

WarningMessage This product is valid by the Bank

Escalator Deposits- 2nd six months

Interest Rate

1.25%

Min Balance to Maintain

AED 25K

Monthly Fee

AED 0

Annual Fee

AED 0

Relationship Manager

No

Currency Account

No

1.25%

Interest Rate

AED 25K

Min Balance to Maintain

AED 0

Monthly Fee

AED true

Annual Fee

No

Relationship Manager

No

Currency Account

Features

  • You do not get a dedicated relationship manager for this account
  • You are required to pay annual balance of AED 0
  • Non maintenance fee that has to be paid monthly is AED 0
  • You can not open this account in other major currencies
  • Required to maintain a minimum monthly balance of AED 25,000
  • 1.25% profit rates are paid on the given account

Required Documents

  • 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

Main Benefits

  • 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

United Arab Bank

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 :

  • Integrity
  • Customer Focus
  • Competence
  • Consistency
  • Courteousness