RAKBANK Gold Account

The RAKBANK Gold bank account is a unique type of conventional account in that you can easily buy and sell gold digitally with this account. Besides offering a highly convenient form of banking, this account is also a great option if you want to buy, sell, and manage gold at your convenience and requirements.

we will comprehensively discuss the RAKBANK Gold bank account and go through all the major details related to this account that can simplify your banking experience with this account.

Features and Benefits of the RAKBANK Gold Account 

• With a RAKBANK Gold bank account, individuals get the below-mentioned features and benefits:
• Conveniently purchase gold digitally at attractive rates with the RAKBANK Gold account
• Option to buy or sell gold as per your requirements via RAKBANK Digital banking
• RAKBANK Gold bank account holders have the option to save in grams, starting from 1 gram
• You can obtain gold physically at the RAKBANK Oud Metha branch 
• At the time of appreciation in the gold price, you can enjoy capital gains as a customer
• Enable monthly Standing order set up to save regularly 

What are the Eligibility Criteria for a RAKBANK Gold Account? 

In order to apply for the RAKBANK Gold bank account, you must fulfill the following eligibility criteria -  

How to Apply for a RAKBANK Gold Account? 

You can apply for a RAKBANK Gold bank account through multiple modes without any hassle. Check out the different methods available (both online and offline) to apply for this RAKBANK bank account

Online Banking

1. Go to the official website of RAKBANK
2. Click on the ‘Gold Account’ option available under the ‘Accounts’ menu
3. On the following page, you will find a section on the right side of the screen
4. Provide your name, mobile number, email ID, salary, and the text displayed
5. Click on the ‘Apply Now’ button
6. Complete the process by following the on-screen displayed instructions

Via Policybazaar UAE

You can also use our platform to seamlessly apply for the RAKBANK Gold bank account within a few clicks. Refer to the step-by-step process given below for the same - 

1. Go to our website - policybazaar.ae
2. Tap on the ‘Bank Account’ option available under the ‘Banking Products’ menu
3. Type in the required details, such as account type, name, email ID, contact number, monthly income, city, and nationality
4. Tap on the ‘View Quotes’ option and then choose RAKBANK. You can also apply filters for refined search.
5. Click on the ‘Apply Now’ option and follow the on-screen steps.

You can also get in touch with our customer care team through our toll-free number, 042472904, or by emailing us your queries at communication@policybazaar.ae.

By Visiting Nearest Bank Branch 

In case you face an issue in the online process of applying for a RAKBANK Gold bank account or like the offline mode more, you can visit your nearest branch of RAKBANK and complete the documentation in person. One of the bank experts will provide you with assistance and help you open an account. Note that it is mandatory to carry all the essential documents with you for the verification process.

How Much Time Does It Take to Open a RAKBANK Gold Account?

Existing savings or current bank account users can open the RAKBANK Gold bank account instantly after completing the documentation process. However, non-existing RAKBANK customers who want to open a Gold account must apply for a savings or current account first. Once applicants apply for any of these two accounts and submit the required documents, the bank will activate the account within 2 business days. 

How to Access Your RAKBANK Gold Account? 

As a user of the RAKBANK Gold bank account, you can access your account via various channels. To know about them in detail, refer to the points mentioned below:

Via Online Banking

Banking has certainly become easier than before. You can use online banking services instead of visiting bank branches physically, for instance. Similarly, RAKBANK account holders can avail of the internet banking service with ease. 

To log into your account, follow these steps - 

1. Open the official website of RAKBANK
2. Navigate to the ‘Digital Banking’ section on the homepage and tap on it
3. Select the ‘Personal Banking’ option
4. On the following page, click on the ‘Continue to login’ option
5. Type in your username and password
6. Tap on the ‘Login’ button to access your profile

Via Mobile Banking

With mobile banking, you can access your account anywhere at any time of the day at your fingertips. Likewise, RAKBANK has a mobile application that is accessible to all customers. Android, Apple, and Blackberry users can use the service easily. 

To use this mobile app, go through the following steps - 

1. Download and install the mobile app on your smartphone
2. Complete the registration process by providing accurate details
3. Log in with your username and password
4. Find the tab for the RAKBANK Gold bank account and tap on it to use the required services 

Via SMS Banking

To get the relevant details regarding the RAKBANK Gold bank account, you can send an SMS to 042130000 as well.

By Visiting Bank Branch

To avail of any information or access any service related to your RAKBANK Gold bank account, you can visit your nearest branch of RAKBANK and get the required assistance from one of the bank representatives. 

RAKBANK Gold Account: Fees and Charges 

Refer to the table below to know more about the RAKBANK Gold account-related charges and fees - 

Have a look at some of the frequent queries related to the RAKBANK Gold bank account - 

FAQs