How to apply for a FAB iSave account online No Minimum Balance
The FAB iSave account is one of the reputed and famous accounts in the UAE due to the multiple features it provides to users, including national and international candidates. If you want to open an iSave account with no minimum balance in the most manageable steps and with a simple guide, this article is for you. Firstly, knowing what an iSave account with zero balance is essential.
Its other name is a zero balance account, meaning there are no minimum or maximum requirements to maintain this account. Hence, opening the iSave FAB bank account in UAE is now very easy. You can open an account with zero balance.
How to Apply for FAB iSave account online with Zero Balance – Step-by-Step Guide
Here are the steps to open an FAB iSave account with no minimum balance in UAE. Follow the given steps and make your bank account open in no time:
Step# 1: Go to the official website of the FAB bank account and search for the account type options there
Step# 2: Now click on the account types and search for the option named “FAB iSave account.”
Step# 3: Clicking on this option will give you multiple options. Click on the option given as the FAB iSave account with No Minimum Balance
Step# 4: Now fill in the details in the form and submit your application
Step# 5: Once your application is submitted, you will receive a call or message for your account confirmation, and hurrah, your account is now opened
Requirements to apply an FAB iSave Account with No Minimum Balance in UAE
Following are some of the requirements to open an FAB iSave account staying in UAE:
- · The applicant must be a UAE resident
- · The applicant must own a valid UAE ID card
- · The applicant must have a UAE visa resident
Also Read: FAB Bank Salary Account Opening Requirements / Activate FAB Credit Card online / FAB Balance Check online
Why Open FAB iSave bank account in UAE
Here are some reasons why one should open or apply for the iSave FAB bank account in UAE with no minimum balance:
- The first and most important advantage and feature is that there is no need to maintain a minimum balance in the FAB account staying in UAE. Anyone can open this account at any time without any worry.
- There are no limitations for cash withdrawals in the iSave account with no minimum balance. You can cancel any amount of cash at any time without the time and cash limitations.
- The most beneficial aspect of this account, which most of the other banks don’t offer, is the interest rate that it provides. This interest rate is around 5.25% per year.
- You can open this bank account immediately as it does not take much time due to smooth requirements and eligibility criteria.
Frequently Asked Questions
Q. Which bank maintains zero balance in the UAE?
Ans. The only bank with zero balance requirements in UAE is the FAB iSave bank account with zero requirements.
Q. Can I open a FAB iSave bank account with a zero balance?
Ans. Yes, you can open an FAB iSave bank account with zero balance, as it has no requirements.
Q. Will I get a free debit card with an iSave bank account in UAE?
Ans. You will also receive a free debit card with an iSave bank account in UAE.
Q. What are the annual charges for the iSave FAB bank account in UAE?
Ans. There are no annual charges for iSave bank accounts in the UAE.
Final Verdicts – FAB iSave Account No Minimum Balance
Hence, the above details how to open and apply for the FAB iSave account online with no minimum balance in UAE. Overall, it provides multiple advantages that other banks are not offering. It includes the minimum balance requirements. Hence, everyone with a valid UAE resident and ID can apply for this bank account.
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