Minimum Balance Required Annual Return Features
Mashreq Basic Saving Account Mashreq Basic Saving Account Minimum Balance Required: AED 3,000 Annual Return: 0.25% Features: Phone Banking, Free Cheque Book
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The Basic Savings Account from Mashreq gives you the freedom to conduct your banking transactions at no cost, while earning a return on your deposit. 

  Features & Benefits:
  • Interest rate of 0.25% p. a. credited every 6 months
  • Quick & easy processing
  • Instant VISA Debit card issuance
  • Flexibility to use your money any time through Debit Card
  • Withdraw cash at more than 1.8 million ATM's in over 200 countries with ease
  • Make purchases at more than 24 million retail outlets worldwide
  • Free online banking access
  • Free mobile banking access
  • Free tele-banking services
  • Mashreq Salaam Rewards
  • Minimum balance - AED 3000
  • Monthly Fee - AED 25 fall-below fee per month, only if above minimum balance is not maintained
  • Free Cheque Book
  • Minimum Salary Required - AED 5000

Documents Required:
  • Application form
  • Valid Passport with residence visa page for Expatriates/Emirates I.D
  • In case of non-residents, a 2 month bank statement from country of residence
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