| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
Samba - Savings Account
|
Minimum Balance Required: AED 0 | Annual Return: 0% | Features: Multiple Currencies |
- Interest-bearing account.
- Free International Samba Debit + ATM card.
- Available in UAE Dirham (AED) and all major currencies.
- Unlimited day-and-night access to your account, 7 days a week, anywhere in the world through Sambaphone, SambaOnline and ATMs.
- Get regular SMS or e-mail alerts about your latest transactions via Samba@lert service.
- No extra charges for use of Samba ATM card on any other bank's ATM in the UAE.
- Standing instruction facility.
- Access to time deposits.
- Access to wealth management and bank assurance solutions.
Eligibility
18 years old and above
** 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.
