In this fast-paced world, if someone aims to manage his finances then it is vital for him to avail the bank services. Mashreq Bank is one of the leading banks which provides an extensive range of banking services in the UAE. It was founded in 1967 and has a strong reputation among customers due to its financial solutions. The dedication of Mashreq Bank to customer satisfaction and innovative banking services enhances your experience in the bustling country. Furthermore, you can also benefit from Mashreq mobile app and internet banking. In this detailed blog, we will try to explore the services and account opening of Mashreq Bank.
| 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
Business Banking
If you choose Mashreq Bank then you can easily avail of business accounts with features like free checkbooks and debit cards. Furthermore, this well-known bank also allows customers to avail of working capital loans, term loans, and overdraft facilities.
Digital Banking
If you choose this bank in UAE then you simply can 24/7 access to banking services like fund transfers and bill payments. Moreover, Mashreq Bank allows customers to instantly open their accounts via the Mashreq online portal without visiting a branch.
Personal Banking
Mashreq Bank provides an extensive range of savings and current accounts with features like free debit cards. In this reputable bank, you can avail the option of various home loans, auto loans, and personal loans. Moreover, you can also experience credit cards that offer cashback and dining discounts.
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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 |
Mashreq Bank: Simple Steps to Create Your Account
Online
If you are looking for the easiest way to create an account with Mashreq Bank then their official website is a good option.
Visit Mashreq Bank’s Website
To start the account opening purpose, you have to visit the official website of Mashreq Bank.
Select Your Account Type
After accessing the website, you have to choose the type of account that you are aiming to open like savings, current, and salary accounts.
Click on Apply Now
After that, you need to click on the section that is labeled as “Apply Now”. Moreover, it will simply redirect you to the online application form.
Fill in Personal Information
In this step, you have to fill out the online application form by providing your all personal details like Full name, Residential Address, and nationality. Furthermore, you also have to enter your Date of Birth, Mobile Number, and Email Address.
Upload Required Documents
After filling in the details, you need to upload all the documents which are required. Moreover, these important documents are Emirates ID, visa copy, passport copy, and proof of Income.
Submit the application
After uploading documents, submit your application after double-checking all the details
Await Approval
The bank will review your application and also verify your documents. Furthermore, when your application is approved, you can receive account details via email or SMS.
Account Activation
At last, when your account is approved, you can log into Mashreq online or mobile banking via your credentials.
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Tips for Maximizing Your Mashreq Bank Experience
Utilize Customer Support
Always remember to get assistance from the customer support team of Mashreq Bank whenever you face any issues.
Activate SMS Alerts
It is vital to set up SMS alerts as they are good for you to stay informed about all updates to your account.
Avail of Digital Banking Services
It is good to avail use of the Mobile app and online banking of Mashreq Bank as it provides you peace of mind.
FAQs
Which documents are essential for customers to create an account with Mashreq Bank in the UAE?
If any customer is looking to create an account with Mashreq Bank then upload his Emirates ID, visa copy, passport copy, and proof of Income.
Tell me the reason why it is important to create an account with Mashreq Bank?
If someone creates an account with Mashreq Bank, he can access services like internet banking, business banking, personal banking, and more.
What is the minimum balance requirement for a Mashreq Bank account?
It normally depends on the type of account if you want to create a business account the minimum balance required is around AED 50,000.
