Having a savings account is essential once you start earning, as such a bank account can help you in securing your capital along with attractive interest rates.
Abu Dhabi Islamic Bank offers several banking products and services that are Sharia compliant and also gives customers a chance to win plenty of rewards. One such account is the Ghina savings account that can fetch you rewards of up to AED 3 million with a nominal savings of AED 20,000. ADIB Ghina Savings Account is Sharia compliant and is based on the principle of ‘Mudaraba’ for gaining profits.
Additionally, ADIB also offers decent profit rates in comparison to a normal savings account, making it a popular choice amongst customers. As per the latest rates, the Ghina savings account provides a profit rate of 0.31% for savings up to 10K and 0.33% for savings greater than AED 25,000.
ADIB Ghina Savings Account provides numerous benefits, whether its profit rate or rewards after maintaining a specific level of funds in the account. Given below are the key features of the bank account.
ADIB Ghina Savings Account brings monthly and quarterly rewards. To participate in the reward scheme, an individual will have to follow the below-mentioned criteria:
Abu Dhabi Islamic Bank provides a considerable profit rate of 0.31% on the savings between AED 5,000 to 10,000. Below is the list of profit rates in the Ghina savings account.
|Currency||5,000 - 10,000||10,000 - 25,000||> 25,000|
|AED & USD||0.31%||0.320%||0.33%|
Note: Profit distribution rates are liable to change without prior notice.
An individual will have to fulfil certain eligibility criteria to apply for a Ghina savings account. Given below are the primary eligibility criteria.
Following is the list of documents required to open a Ghina Savings Account in Abu Dhabi Islamic Bank.
Abu Dhabi Islamic Bank offers multiple ways to apply for a bank account. An individual can open a Ghina savings account in the following ways:
|Apply by Phone within UAE||Phone no. 600503033|
|Apply by Phone outside UAE||Phone no. +97126100600|
Q1: What is the minimum deposit required to open an ADIB Ghina Savings Account?
Ans: An individual needs to deposit an initial amount of AED 20,000 to open a bank account.
Q2: What is the average monthly balance required in an ADIB Ghina Savings Account?
Ans: A minimum amount of AED 3,000 is to be maintained on a monthly basis in ADIB Ghina Savings Banks Account to avoid any fall below charges.
Q3: What is the fall below charges for ADIB Ghina Savings Account?
Ans: In case the individual does not maintain a minimum average balance in the savings account, a fall below charge of AED 25 will be applicable.
Q4: What are the rewards associated with the ADIB Ghina Savings Account?
Ans: ADIB Ghina Savings Account offers a Ghina grand prize of AED 3 million every quarter. Also, 10 lucky individuals can win a prize of AED 10,000 every month.
Q5: How can I participate in the Ghina Grand Draw Entry?
Ans: The Ghina savings account holders must have at least four Ghina draw entries to participate in the Ghina grand draw. A maximum of 1000 draw entries are allowed per account per draw.