As everyone knows, in this digital age banks are the best options that suit your financial needs. In the UAE, Mashreq Bank is one of the leading banks which offers a range of banking solutions. Moreover, it was founded in 1967 and attracts millions of customers worldwide due to its advanced technology. The dedication of Mashreq Bank to customer service and innovation sets it apart from others in this beautiful country. In this detailed blog, we will try to explore services, account openings, and the Mashreq Bank branches.
| Account Type | Minimum Initial Deposit | Monthly Maintenance Fee | Interest Rate | Other Benefits |
| Mashreq Basic Savings Account | AED 3,000 | AED 25 (waived if balance > AED 3,000) | Up to 1.25% p.a. | Free debit card, internet & mobile banking access |
| Mashreq SmartSaver Account | AED 10,000 | AED 0 | 1.50% p.a. (tiered based on balance) | Higher interest rate, free online transfers, mobile banking |
| Mashreq Salary Account | No minimum deposit required | AED 0 | No interest | Salary transfer benefits, free debit card |
| Mashreq Neo Account | No minimum deposit required | AED 0 | No interest | Fully digital, no fees, instant account opening |
| Mashreq Happiness Account | AED 3,000 | AED 0 | Up to 1% p.a. | Cashback on purchases, free debit card, online banking |
Services Offered by Mashreq Bank
Personal Banking
The Bank allows you to avail financial advisory and investment solutions that are helpful to grow your wealth via savings plans. In Mashreq Bank, you can easily avail of the option of different types of loans like home loans and car loans. Moreover, you can also choose different insurance products like life, health, and travel insurance.
Digital Banking
If you choose Mashreq Bank mobile app it allows you to check account balances and transfer money. Moreover, the bank also offers the service of Mashreq Neo which is fully digital and offers digital banking services. This financial institution’s service eliminates the need to visit the physical branch.
Business Banking
Mashreq Bank allows customers to experience accounts that are helpful for business with features like debit cards and online banking. Moreover, in this bank, you can also avail of the option of services like SME Banking, merchant services, and Cash Management.
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Mashreq Bank Branches in the UAE
| City | Branch Name | Services | Contact No | Operating Hours |
| Dubai | Deira Branch | Accounts, Loans, ATM | +971 4 424 4444 | Mon-Fri: 8:00 AM – 3:00 PM |
| Abu Dhabi | Khalifa Street Branch | Wealth, Cards, ATM | +971 2 635 5000 | Mon-Fri: 8:00 AM – 3:00 PM |
| Sharjah | Al Qasba Branch | Personal, Corporate, ATM | +971 6 569 4411 | Mon-Fri: 8:00 AM – 3:00 PM |
| Ajman | Sheikh Khalifa Branch | Savings, Business, ATM | +971 6 747 4343 | Mon-Fri: 8:00 AM – 3:00 PM |
| Ras Al Khaimah | Al Nakheel Branch | Investments, Finance, ATM | +971 7 227 9666 | Mon-Fri: 8:00 AM – 3:00 PM |
| Fujairah | Hamad Bin Abdullah Branch | Loans, Accounts, ATM | +971 9 223 3388 | Mon-Fri: 8:00 AM – 3:00 PM |
| Al Ain | Al Ain Main Branch | Personal, Wealth, ATM | +971 3 764 3344 | Mon-Fri: 8:00 AM – 3:00 PM |
| Umm Al Quwain | King Faisal Road Branch | Deposits, Loans, ATM | +971 6 765 5444 | Mon-Fri: 8:00 AM – 3:00 PM |
Start Banking: How to Open Your Mashreq Bank Account
Branch visit
If any user wants to create an account with Mashreq Bank, visit their branch for his comfort as it is face-to-face interaction.
Select the Right Account Type
Before visiting the branch, you have to choose the type of account which you want to open like savings, current, and salary account.
Prepare Required Documents
After choosing the type of account, remember to collect all required documents like Emirates ID, Salary Certificate or Payslips, and Visa copy. Moreover, proof of residence and a passport are essential for this process.
Find a Nearby Branch
For account opening purposes, the user has to find the nearest Mashreq Bank branch in the UAE. Moreover, he can use the bank’s website or Google Maps to do this.
Speak to a Bank Representative
Remember to visit during working hours and after arrival at the branch meet with the Representative of the bank. Moreover, ask him if I wanted to open an account and told him the type of account.
Complete the Application Form
Here the representative provides you with a form that you need to fill out by providing your Full name, and nationality. Furthermore, always remember to mention correct contact information, residential address, and employment details.
Submit Your Documents
After filling out the application form, you have to hand over the required documents to the bank representative.
Verification Process
The staff of the Mashreq Bank will verify your documents to ensure your details are correct. Moreover, this whole process may take some days to complete.
Receive Account Details
At last, when your account is processed the bank will provide your account number, Debit card, and IBAN.
Activate the Account
At Last, when you receive your details, you have to activate your account by depositing the required money.
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Tips for Maximizing Your Mashreq Bank Experience
Utilize Digital Banking Services
Always prefer to use the Mobile app and online banking of Mashreq Bank as it is useful for you.
Activate SMS and Email Alerts
It is vital to set up SMS and Email alerts as they are beneficial for you to stay informed about crucial updates.
FAQs
Can users create an account with the Mashreq Bank Via Branch visit?
Yes, If any user wants to create an account with Mashreq Bank then visit their nearest branch in the UAE. Moreover, for this purpose, the user has to fill out an application form and provide all required documents like Proof of Residence and Emirate ID.
Explain the reason why it is important to create an account with Mashreq Bank?
If any customer creates an account with Mashreq Bank, he can avail of services like personal banking, wealth management, and real Estate financing.
Which method is best to create an account with Mashreq Bank in the UAE?
In the UAE, visiting the Mashreq Bank branch is one of the comfy options to create an account.
Can Mashreq Bank allow non-residents to open an account in the UAE?
Yes, Mashreq Bank allows non-residents to open different accounts like savings and fixed deposits.
