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ADIB Banoon Childrens Savings Account

ADIB Banoon Childrens Savings Account
Minimum Balance AED

0

Currency

AED, USD &
2 more

Annual Return

0.72%

Features

ATM Transfer, Free Cash Withdrawals &
5 more

Description

Looking to save for your children’s future? Start saving today with the Banoon Children’s Savings Account; also gift your children with ‘Darhoom’ – their first Prepaid Debit Card.

Major Advantage: This account can be opened in different currencies  

Features

Minimum Balance Requirement: AED 0 (But AED 1,000 deposit required to open the account)

Profit Rate: 0.39% to 0.72% 

Dedicated Relationship Manager: No

Monthly Fees: AED 0

Sharia Compliant: Yes

Currencies Account Available: AED USD GBP EUR

Other Features:

  • Darhoom prepaid card and welcome gifts
  • Mobile App
  • Higher expected profit rate
Documents Required
  • Passport/ID of Parent.
  • Passport/ID of child.
  • Valid Emirates ID of Parent & Child (for UAE Nationals & Residents)
  • Valid Visa for expatriates.
  • 1000 AED as opening balance.

 

Additional Info:

  • All info mentioned can change at any point of time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
  • Terms and conditions apply.
Additional Info
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