Whether you are looking to manage your business or funds, Banks are convenient and smooth options. Al Rajhi Bank is a reputable and largest Islamic bank which creates its trust among customers in the UAE. It was established in 1957 and provides financial solutions that are aligned with Islamic principles. Furthermore, the dedication of the Bank to customer satisfaction and Sharia laws enhances the experience of everyone. In this detailed blog, we will try to explore different services, account opening methods, and branches of Al Rajhi Bank.
Al Rajhi Bank
|
Account Type |
Account Opening Fee (AED) | Monthly Maintenance Fee (AED) | Minimum Balance Requirement (AED) | Overdraft Charges (AED) | Details |
| Current Account | Free | Free | 3,000 | Not Available |
Ideal for daily transactions and salaries |
|
Savings Account |
Free | Free | 3,000 | Not Available | Save and earn profits on balance |
| Investment Account | Free | Free | 10,000 | Not Available |
For long-term growth investments |
|
Fixed Deposit Account |
Free | Free | 25,000 (minimum deposit) | Not Available |
Earn higher returns on fixed deposits |
Services Offered by Al Rajhi Bank
Personal Banking
The Bank offers an extensive range of current and savings accounts with benefits like free ATM withdrawals. In Al Rajhi Bank, customers can avail of the option of Sharia-compliant credit cards with different rewards and cashback. Moreover, you can also experience personal loans that are based on Murabaha in this Islamic bank.
Business Banking
Al Rajhi Bank allows you to experience business current accounts to manage transactions for small and large businesses. Moreover, in this innovative bank, customers can also avail of the option of Sharia-compliant corporate credit and debit cards.
Al Rajhi Bank Branches in the UAE
|
Branch |
Location | Operating Hours |
Contact Number |
|
Al Rajhi Bank Dubai |
Al Ghurair Building, Al Rigga Road, Deira | Sun-Thu: 9:00 AM – 3:00 PM | +971-4-316-0222 |
| Sheikh Zayed Road Branch | Al Moosa Tower 2, Sheikh Zayed Road | Sun-Thu: 9:00 AM – 3:00 PM |
+971-4-330-4422 |
|
Abu Dhabi Branch |
Hamdan Bin Mohammed St, Al Markaziya in Abu Dhabi, UAE | Sun-Thu: 9:00 AM – 3:00 PM | +971-2-677-7744 |
| Sharjah Branch | Al Qasba, Corniche Street, Sharjah | Sun-Thu: 9:00 AM – 3:00 PM |
+971-6-556-1112 |
|
Al Ain Branch |
Khalifa Street, Al Ain | Sun-Thu: 9:00 AM – 3:00 PM |
+971-3-751-3311 |
The Complete Guide to Opening an Al Rajhi Bank Account
Online
One of the most simple and hassle-free ways to create an account with Al Rajhi Bank is their official website.
Visit the Official Website: To create an account, you need to go to the official website of Al Rajhi Bank UAE.
Select “Open an Account”: After accessing the website, on the homepage, you have to find the “Open an Account” section. Moreover, when you click on the link, it will take you to the start of the online application process
Choose the Type of Account: After clicking, simply choose the type of account that you are aiming to create open with Al Rajhi Bank. Whether you want to open a current, saving, or investment account, the bank caters to your desires and needs.
Provide Personal Details: After selecting the account type, you need to enter information like Full name, nationality and date of birth on online form. Moreover, your contact information like UAE phone number and Email address is also important.
Upload Required Documents: In this step, you need to upload required documents like a scanned copy of valid Emirates ID, Salary Certificate, and proof address.
Accept Terms and Conditions: It is vital to read all the Terms and Conditions of a bank and then confirm your acceptance. Moreover, also submit your application
Receive Confirmation: At last, Al Rajhi bank will review your application and you will receive confirmation via your registered number or email.
FAQs
Which method is best to create an account with Al Rajhi Bank?
If someone is looking to create an account with Al Rajhi Bank then you have to explore their official website. Moreover, for this purpose, you have to fill in your personal details and upload documents like Emirates ID and Salary Certificate.
Explain the reason why it is important to create an account with the Al Rajhi Bank in the UAE?
If anyone creates an account with Al Rajhi Bank, he can avail islamic banking solutions and business banking services like business current accounts.
Can customers create an account with the Al Rajhi Bank Via physical branch in the UAE?
Yes, if someone is looking to create an account with Al Rajhi Bank then visit their nearest branch. Moreover, for this purpose, the customer has to meet the representative of the bank and complete the account opening form.
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