|Minimum Balance Required||Annual Return||Features|
|Dubai Islamic Bank - Shaatir Savings Account||Minimum Balance Required: AED 0||Annual Return: 0.65%||Features: Sharia Compliant, Islamic Banking|
At Dubai Islamic Bank, we understand the hopes and aspirations you have for your children. Today, it is more important than ever to understand and learn the concepts of saving and banking early in life. We believe that wise money management begins with empowering children with an opportunity to understand financial responsibility. The earlier they start, the more they learn and that’s why we have introduced Shaatir.
Shaatir is a unique Savings account from Dubai Islamic Bank just for children, which will help them understand banking from a young age and help them plan for their future. It gives them the privilege and fun of managing their own bank account and seeing their money grow. On the exclusive Shaatir website, accessible only to Shaatir account holders, children can learn about banking & saving, play games and watch informative videos.
- Shaatir Account in child’s name
- Higher expected profits
- Profit rate is credited to your account on a quarterly basis. The rate varies every quarter based on banks profit
- No maintenance fees
- No minimum balance requirement
- Specially designed welcome pack
- Free gift - Shaatir Savings Box
- Dedicated Shaatir children’s website
- Exclusive discounts and offers
- Shaatir ATM Card for child (balance enquiry only)
- 24-hours Al Islami Phone Banking and Online Banking
- Original valid passport with residence visa (for non-UAE nationals) of the guardian and the child