| Minimum Salary | Currencies | Features | |
|---|---|---|---|
ADIB - Ghina Salary Account
|
Minimum Salary: AED 15,000 | Currencies: AED | Features: Phone Banking, Free Cheque Book, Islamic Banking, Free Credit/Debit Card, ATM Transfers, Internet banking |
Transfer your salary to ADIB and you can participate in the AED 3 million Ghina prize draw (and other prizes) by maintaining an average monthly balance of AED 20,000 with the ADIB Ghina Salary Account.
Here’s how this works:
- Open a Ghina Salary Account; transfer your salary (minimum AED 8,000) to ADIB.
- Maintain an average monthly balance of AED 20,000 to get your first Ghina draw entry.
- Get an extra Ghina draw entry every month for every AED 20,000 average monthly balance in your Ghina Salary Account.
- If the monthly average balance of the Ghina Salary Account falls below AED 20,000, then the Account Holder will lose all the collected Ghina draw entries and Ghina welcome draw entry. A new Ghina salary draw entry calculation cycle will start accordingly.
- The Account Holder should at least have four Ghina draw entries to enter the Ghina grand draw, (a maximum of 1,000 draw entries are allowed per account per draw).
- All Ghina draw entries will expire immediately/ re-set to zero upon their participation in the Ghina grand draw .
- Free ADIB Visa Electron Debit Card to access your account and funds instantly at any ATM or retail outlet.
- Expected monthly profits calculated on a monthly basis and credited to your account every month.
- ADIB Mobile Banking App! Bank anytime, anywhere with the ADIB Mobile Banking App - available for all iPhone and Android devices.
- Standing Instructions to manage your time by automatically making payments for regular transactions (such as bill payments, transfers, donations or installments) on your chosen dates.
- 24 Hour Banking Services, in addition to our mobile app, you will always have e-ADIB Internet Banking, Telephone Banking, and SMS Banking.
- Ghina Salary account (SPA) holder can also avail a Cheque book, (first Cheque book comes free while additional ones can be obtained by paying AED 25)
Salary transfer with ADIB Ghina is easy and rewarding
- Eligible to participate in Ghina grand prize of AED 3 million every 4 months.
- Eligible to participate in the monthly draw of 10 lucky winners, win AED 10,000 every month!
How is this Shari'a compliant?
This investment account is based on the Islamic principle of Mudaraba where you share profits and bear losses as stipulated in the Banking Service Agreement.
All prizes granted to the ADIB Ghina Winners shall be exclusively from ADIB’s shareholders funds at the sole discretion of ADIB.
Terms and conditions apply
Required Documents
- Original passport.
- Valid Emirates ID (for UAE Nationals & Residents)
- A Salary certificate from your employer with minimum salary of AED 8,000
** 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.
