Basic saving Account
Basic Savings Account

Earn a return on your deposit

Enjoy free transactions

0.25% interest rate p.a.

credited every 6 months

Instant Visa Debit Card

at selected Branches

Quick & easy processing

For instant accounts

Enjoy the benefits of interest rates

With Mashreq Basic savings, you will enjoy an interest rate of 0.25% per annum which is credited to you every 6 months. (Interest rate is subject to change)
Basic saving Account

Discover the benefits of your Mashreq Visa Debit Card

You will get instant issue of your Mashreq Visa Debit Card at selected branches. This brings with it a host of benefits.
digital pay

It’s easy to set up

Setting up your account is simple. Processing your details is quick and easy and you will have your Mashreq Basic Savings Account instantly.
man in white
online banking
The easiest way to earn great returns on your savings
The Basic Savings Account from Mashreq gives you the freedom to make your banking transactions at no cost, while earning a return on your deposit.
card
Free online, mobile & telemarketing access and up to 6 manned transactions per month
Your Card is convenient and easy to use.
Easy account set-up
You need an initial balance of AED 3,000 to set up your account. Then withdraw cash at more than 1.8 million ATM's in over 200 countries with ease.
Easy access to funds anywhere, anytime
Enjoy the flexibility to use your money anytime through Debit Card or Cheque

Free transactions

Enjoy up to 6 free manned transactions per month (transactions in the Branch of the Bank).
atm

Eligibility

Minimum monthly income
AED 5,000
Visa
UAE residence holders & visitors on a visit or transit visa
Age
21 years and above

You will need

A valid visa with residence visa page for expatriates.
A valid Emirates ID or two months of banks statements from your country of residence

And finally, Fill in the application form.

Terms & Conditions, click here.
paper-work

Are you ready to apply?

Let's do it

Still got questions?

If at any point during the month your account balance falls below AED 3,000, you will be charged a "fall below fee" of AED 25. This fee will be charged only once during a month.
A manned transaction refers to a transaction made in the branch of the bank. It does not include transactions made on an ATM/CCDM.
Yes, a non-resident may open a Savings account with the bank. In addition to a valid passport, you will be required to provide a 2-month bank statement from the country of your residence.

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