As everyone knows, Banks are helpful in managing the finances of individuals and businesses in the UAE. Al Rajhi Bank is the largest prominent Islamic bank that offers a wide range of banking services in this lovely country. Moreover, it was founded in 1957 and offers Sharia-compliant banking in different cities of UAE. The commitment of Al Rajhi Bank to customer satisfaction and following Islamic principles takes its reputation to new heights. In this blog, we will discuss the account opening process, branches, and services of Al Rajhi Bank in the UAE.
Al Rajhi Bank Account Types
| 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
Islamic Banking
Al Rajhi Bank allows you to experience current, savings, and investment accounts that align with Islamic principles. Moreover, in this bank, customers can also avail of the option of halal credit cards with no interest that offer cashback and rewards.
Digital Banking
If you choose this Islamic bank in UAE then you simply use their platforms like Mobile App and online banking portal. Moreover, Al Rajhi Bank allows customers to experience services like paying utility bills, Salik, and other payments.
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 |
Al Rajhi Bank: How to Open Your Account Effortlessly
Branch Visit
If you want to create an account with Al Rajhi Bank then visit their physical branch as this method is straightforward.
Visit the Nearby Al Rajhi Bank Branch: For account creation purposes, you need to locate the nearest Al Rajhi Bank branch in the UAE. Furthermore, for this purpose, you can use the Al Rajhi Bank’s website to check their operating hours.
Prepare the Required Documents: Before visiting the branch, remember to gather all required documents like original Emirates ID and Salary Certificate. Moreover, Proof of Address and Passport with a valid UAE visa is vital to open an account.
Meet with a Bank Representative: when you arrive at the bank then ask the representative that you are looking to create an account.
Choose Account Type: After that, discuss with a representative and then select the account type of your wish to create with Al Rajhi Bank. In this Islamic bank, the most common options of accounts are Savings and Investment among customers.
Complete the Account Opening Forms: After choosing the type of account, take the form from the representative and fill it out by providing your personal details. Moreover, here you need to give the correct Name, residential address, nationality, and Date of Birth.
Submit Application: After filling out the form, here you have to hand over the required documents and application form to the representative.
Verification Process: The representative of the Al Rajhi Bank will verify your documents and process your application.
Receive Confirmation: At last, when your account is approved the bank will provide your account details, a debit card, and other relevant information.
FAQs
Which method is best to create an account with Al Rajhi Bank in the UAE?
In the UAE, visiting the physical branch of Al Rajhi Bank is one of the reliable options for creating an account.
Explain the reason why it is important to create an account with the Al Rajhi Bank?
If any customer creates an account with the Al Rajhi Bank it allows him to avail Sharia-compliant corporate credit and debit cards. Moreover, the client can also use their platforms like Mobile App.
Can users create an account with the Al Rajhi Bank Via their physical branch?
Yes, If anyone is aiming to create an account with Al Rajhi Bank then visit their nearest physical branch. Moreover, for this purpose, the customer has to fill out an application form and provide all required documents like a salary certificate and Emirate ID.
Check More Bank Related Guides:
How to Open an NCB Bank Account in UAE – Easy Steps
ICICI Bank Digital and Personal Banking Services in the UAE
