| Service | Details | Fees/Charges |
| Savings Account | Minimum balance requirement | AED 3,000 |
| Monthly maintenance fee | AED 25 (if balance falls below minimum) | |
| Interest rate | 1.5% per annum | |
| Current Account | Minimum balance requirement | AED 5,000 |
| Monthly maintenance fee | AED 50 (if balance falls below minimum) | |
| Fixed Deposits | Minimum deposit | AED 10,000 |
| Interest rate | 2.0% – 3.5% per annum | |
| Early withdrawal penalty | Varies based on tenure | |
| Personal Loans | Interest rate | Starting from 3.99% per annum |
| Processing fee | 1% of total loan amount (min AED 500) | |
| Late payment fee | AED 200 | |
| Home Loans | Interest rate | Starting from 2.99% per annum |
| Processing fee | 0.75% of the loan amount | |
| Early settlement fee | 1% of the outstanding amount | |
| Credit Cards | Annual fee | AED 200 – AED 1,000 |
| Interest rate | 2.99% – 3.49% per month | |
| Late payment fee | AED 250 | |
| Cash advance fee | 3% of the amount (min AED 100) | |
| Business Accounts | Minimum balance requirement | AED 10,000 |
| Monthly maintenance fee | AED 100 (if balance falls below minimum) | |
| Remittance Services | Domestic transfers | AED 5 – AED 25 |
| International transfers | AED 50 – AED 100 | |
| ATM Services | ATM withdrawal fee (own bank ATMs) | Free |
| ATM withdrawal fee (other bank ATMs) | AED 2 – AED 6 | |
| Cheque Book | First cheque book | Free |
| Additional cheque books | AED 25 per book | |
| Online Banking | Online banking access | Free |
| Fund transfer fee (within bank) | Free | |
| Fund transfer fee (other banks) | AED 2 – AED 5 |
In this fast-paced world, Banks are one of the smart options that are helpful for you to manage your financial needs. Federal Bank Dubai is a leading institution of India which creates its trusted reputation among customers in the UAE. This prominent bank was established in 1984 and won the trust of millions of customers due to its innovative financial services. Moreover, the dedication of Federal Bank Dubai to provide customer satisfaction and top-class banking solutions offers peace of mind to customers. In this detailed blog, we will discuss top services, account openings, and different branches of the Federal Bank Dubai.
Services Offered by Federal Bank Dubai
Digital Banking
If you choose Federal Bank Dubai, customers can access services like FedNet that allows them to manage their account from anywhere. Moreover, the digital banking of this platform allows you to transfer money, pay bills, and access loan facilities.
Personal Banking Services
With Federal Bank Dubai every customer can experience various customized savings accounts like premium savings and salary accounts. Moreover, the bank also offers you competitive interest rates on term and fixed deposits that are helpful for you.
Business Banking Services
Federal Bank Dubai allows you to experience business loans that are useful for you for operational expenses. Moreover, in this institution, customers can also avail of the option of corporate accounts and Trade Finance that assist the business.
Federal Bank Dubai Branches in the UAE
| City | Location | Services | Contact No | Operating Hours |
| Dubai | Downtown Dubai | Full range of banking services | +971 4 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Abu Dhabi | Abu Dhabi city center | Personal and business banking | +971 2 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Sharjah | Sharjah city center | Personal and corporate banking | +971 6 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Al Ain | Al Ain city center | Full range of banking services | +971 3 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Ras Al Khaimah | Ras Al Khaimah city center | Personal and business banking | +971 7 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Ajman | Ajman city center | Personal and corporate banking | +971 6 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Fujairah | Fujairah city center | Full range of banking services | +971 9 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
| Umm Al Quwain | Umm Al Quwain city center | Personal and business banking | +971 6 123 4567 | From Sunday to Thursday: 8:00 AM to 3:00 PM, while Friday remains a closed day. |
Step-by-Step Guide to Opening a Federal Bank Dubai Account
Online
In the UAE, the easiest way to create an account with Federal Bank Dubai is online, if you follow below steps.
Visit the Website: To create an account it is vital for users to visit the official website of Federal Bank Dubai.
Choose the Type of Account: After accessing the website you have to select the type of account you wish to open. Whether you want to open a savings account or fixed deposit account the bank welcomes you.
Select the Account Opening Section: Now you have to select the section that is normally labeled as “Open Account”. Moreover, when you click on “Open NRI Account” you can find a direct link to open the type of account.
Fill in the Application Form: After that, you have to fill out the online application form by providing information like Full name, date of birth, and nationality. Furthermore, you also have to give your contact information like email and mobile number.
Upload Documents: In this step, you have to upload copies of required documents for identity verification. These important documents are Emirates ID, copy of passport, Photograph, and address proof.
Submit the application: It is good to double check all information is correct then submit your application
Await Confirmation: The bank will process your application and verify all your documents. When your application is approved, you can receive confirmation via email or SMS.
Account Activation: At last, when your is created, you can get your account number, debit card, and welcome kit.
Tips for Banking with Federal Bank Dubai
Regularly Review Account
If any user regularly reviews his account, it allows him to manage his finances simply and reliably. So, to get more benefits from Federal Bank Dubai, review your account as much as possible.
Seek Professional Advice
It is good to take advice from professionals of this prominent bank as it is useful to grow and manage your wealth.
Utilize online and mobile Banking
Always give priority to the Mobile app and online banking of Federal Bank Dubai because you can access it from anywhere.
FAQs
Which documents are essential for customers to create an account with Federal Bank Dubai in the UAE?
If any customer is aiming to create an account with Federal Bank Dubai then upload his Emirates ID, copy of passport, Photograph, and address proof.
Tell me the reason why it is important to create an account with the Federal Bank Dubai?
If someone creates an account with Federal Bank Dubai, he can access services like FedNet is helpful in managing their account from anywhere.
Which one is the most reliable to create an account with Federal Bank Dubai?
In the UAE, Federal Bank Dubai official website is one of the smooth and easier ways to create an account.
