Emirates Islamic Business Classic Account

Last Updated on 07 February 2019

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I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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Emirates Islamic Bank

WarningMessage This product is invalid by the Bank

Business Classic Account

Profit Rate

0%

Min Balance to Maintain

AED 10K

Monthly Fee

AED 100

Relationship Manager

Yes

Yes

Approval Time

1 Days

Local Transfer Cost

AED 25

International Transfer Cost

AED 40

Emirates Islamic
interest rate

0%

Profit Rate

min balance

AED 10K

Min Balance to Maintain

monthly fee

AED 100

Monthly Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

approval time

1 Days

Approval Time

local transfer cost

AED 25

Local Transfer Cost

inter transfer cost

AED 40

International Transfer Cost

 

Required Documents

  • Copy of passports of all owners
  • Trade License
  • Commercial registration
  • 12 months bank statement
  • Facilities required letter
  • Chamber of commerce certificate
  • Audited financial statements for 3 years
  • Facilities required letter

Main Benefits

  • On salary is transfer no minimum balance charges will be applied
  • Free debit card which is internationally recognized
  • Free online banking
  • Mobile banking
  • SMS account updates on charging card balances and other transactions

Frequently Asked Questions

⭐ What all industries are eligible for business finance in Emirates Islamic?

A. Any for-profit business is eligible for business finance in Emirates Islamic.

⭐ What will be my payment schedule in Emirates Islamic?

A. Your payment schedule can be daily,weekly and monthly basis in Emirates Islamic.

⭐ How long will the application take time to process in Emirates Islamic?

A. It can take day or two to a weeks time to process your application in Emirates Islamic.

⭐ What if I made a duplicate payment error, can I get refund for that?

A. Yes, it’ll automatically get credited to your business account in Emirates Islamic.

⭐ How does the bank decide the tenure for your loan application?

A. Emirates Islamic decides the tenure for your application on the basis of your debt ratio and monthly income.

Emirates Islamic

In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.

   Get in touch with Emirates Islamic Customer Care

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