FAB iSave Account Apply Online: No Branch Visit
Do you want to apply for an iSave FAB account but donโt have enough time to go to the branch and spend your precious hours? Donโt worry; in this post, we provide a complete guide on FAB iSave Account Apply Online Account. Although the process is easy to follow, some points we have mentioned below are necessary to consider.
FAB iSave Account Apply Eligibility Criteria
There is no hard and fast rule or demanding criteria for applying for the iSave account. There are two factors which are essential to consider before applying, which are given below;
- The candidate who wants to apply for an iSave account must have a minimum age limit of 18 years
- The candidate who wants to apply for an iSave account must have an income resource or have monthly bank statements for upcoming incomes.
Documents needed to FAB iSave Account Apply
You must have the following documents while applying for an FAB iSave Bank account online. These documents are also required when you apply for an iSave account by going to a bank branch. These documents include:
- iSave FAB bank account application form
- Copy of the passport
- Copy of the residential visa
- Income resource proof
How to Open FAB iSave Accountโ Steps to Follow
Finally, once you have prepared the documents and you have matched the eligible criteria, here are the steps to follow:
- Go to the official website of the FAB Bank
- Now you will see multiple options; click on the โAccountsโ options
- Again, a dashboard will open showing the different options; click on the โOpen an Accountโ option
- Now, various options will be opened for FAB bank account types. Click on the โFAB iSave Accountโ
- Now, an application form will be opened. Fill out that application form and ensure that all the details you mention are 100% correct to avoid any inconvenience in the future.
- Once you have filled in all the details, click the โSubmitโ option and check the email or phone number you provided for a confirmation message.
Note: Once you have submitted all the details correctly and received the confirmation message for the submission application, they will call you within 24 hours of the time limit. They will conduct a short interview call and then open your bank account.
Also Read: Transfer Money From Ratibi / Ratibi Card Salary Check / Open FAB Bank Account / FAB Balance Check
What is an iSave FAB Bank Account?
iSave FAB bank account is one of the exciting opportunities for FAB services, which means an electronic or online account. The reason why itโs called an iSave account is because you can open it anywhere, anytime, and you donโt need to go to the bank branch for this purpose. The account’s essential purpose is to make the opening of the FAB bank account process easy and comfortable for people who are unable to visit a branch due to time or any other issues.
Frequently Asked Questions
Is there any specific limitation for the FAB iSave account withdrawal process?
No, there is no limit on withdrawals from an iSave account. You can withdraw the desired amount of money anytime.
Are there any monthly fees for maintaining an iSave FAB bank account?
There is no monthly fee for maintaining an iSave FAB bank account, which is why most people now prefer to open an iSave account instead of other account types.
What are the interest rates for an iSave FAB bank account?
Currently, there are 5.25% interest rates for FAB bank accounts. However, these interest rates change over time. You may check the official FAB bank account website for updated interest rates.
Also Read: Apply FAB Bank Company Account / Activate FAB Credit Card / FAB iSave Account Apply online / Deactivate your FAB Debit Card
Final Verdicts
Here are the complete details on FAB iSave account opening online. The steps are the same whether you apply through the FAB banking app on Android or iOS. The online application process saves time, money, and effort otherwise spent on submitting complex document copies. Additionally, the account offers reasonable interest rates and no maintenance fees, making it an appealing choice for many.