| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
Mashreq Bank Current Account
|
Minimum Balance: BHD 0 | Annual Fee: BHD 0 | Internet Banking: No | Features: Phone Banking, No Salary Transfer |
The Current Account from Mashreq offers you basic transactional banking services.
Your account offers both convenience and flexibility and access to a range of services.
Mashreq Bank Current Account Features:
Your account offers both convenience and flexibility and access to a range of services.
Mashreq Bank Current Account Features:
- Minimum salary required is BHD 300
- Free VISA Debit Chip card
- Your debit card lets you withdraw cash at more than 400,000 ATM's and make purchases at more than 14 million retail outlets worldwide
- You can access your account on line or by telephone, anytime, anywhere
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
