ADIB Business Short Term Investment

Last Updated on 07 February 2019

ADIB Smart Account
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ADIB Bank

Business Short Term Investment

interest rate

Profit Rate

0.36%

min balance

Min Balance to Maintain

AED 10K

min balance

Min Balance to Maintain

AED 10K

Monthly Fee

AED 0

relationship manager

Relationship Manager

No

approval time

Approval Time

1 Days

transfer cost

Local Transfer Cost

AED 0

inter transfercost

International Transfer Cost

AED 0

interest rate

0.36%

Profit Rate

min balance

AED 10K

Min Balance to Maintain

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

No

Relationship Manager

approval time

1 Days

Approval Time

local transfer cost

AED 0

Local Transfer Cost

inter transfer cost

AED 0

International Transfer Cost

 

Required Documents

  • Trade License
  • Commercial Registration
  • Chamber of Commerce Membership Certificate
  • Memorandum of Association
  • Subsequent amendments and POA’s
  • Valid passport and residence Visa
  • Emirates ID

Main Benefits

  • Free Cheque book
  • You can access ADIB personal internet banking and mobile banking
  • Free Business Classic Debit Card with minimum balance of AED 10,000
  • Free teller transactions for 10 months
  • Profits are calculated on a daily basis and credited to your account every month end

Frequently Asked Questions

Q. Do you need to have a business plan before applying for business loan in ADIB?

A. Yes, in ADIB it is a requirement to have a business plan before applying for business loan.

Q. Can a startup company with no credit history qualify for business loan in ADIB?

A. Yes, if it has creditworthy customers and employees.

Q. How long will the application take time to process in ADIB?

A. It can take day or two toa weeks time to process your application in ADIB.

Q. Does ADIB report my credit history to the business credit bureau?

A. Yes, ADIB reports all your credit details to the business credit bureau.

Q. Can we open business account in the name of more than two persons in ADIB?

A. Yes, but in this case you cannot submit the information online. You need to visit the bank and follow the process mentioned there.

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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