How To Open a Zero Balance Salary Account in UAE

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If you want to open a bank account in UAE, you need to fulfil some requirements. It’s tough to find a suitable bank to open a savings account for those with a low salary. Only a few banks let you open an account when your paycheck is under AED 5000. That’s the minimum salary to open a bank account in Dubai. Most the banks require more than that.

Moreover, the bank charge high fees on none maintenance of a minimum balance. So the problem arises with people under 5000 AED salary. What will they do? The solution is zero balance salary account in UAE.

What is zero balance salary account in UAE?

Banks of UAE started providing bank accounts with no minimum balance requirements. That means no need to worry about your salary and other stuff. Those accounts are called zero balance salary accounts in UAE.

As at an expatriate in UAE, your biggest concern is your savings, no matter how much your salary is. That’s why the zero balance account system is an excellent plan for expatriates.

Most banks in UAE have their eligibility criteria. So before making any decision, be sure you know about them. Here I am providing the list of banks that allows you to make a zero balance account and their essential information.

 Best Bank to Open a Zero Balance Account in Uae:

I mention all the banks that provide decent zero balance salary account service.

  1. ADIB Smart Banking Account.
  2. Commercial Bank of Dubai.
  3. ADCB Active Server Account.
  4. FAB iSabe Account.
  5. RAM Bank East Server Online Account.
  6. HSBC Esaver Account.
  7. Emirates NBD Liv Account.

Among those banks, I am covering all the details of the ADCB bank and how you can open an ADCB bank account online.

ADCB Active server account

  • No minimum balance requirement.
  • You can get up to 2% interest
  • You can create five accounts at once
  • You need to be 21 years old or above
  • Only existing ADCB current account holders can apply
  • It requires an initial deposit of AED 1000

Adcb Zero Balance Account Creating Procedure:

Step 1: Open your play store and install the “ADCB Hayyak” application.

Step 2: Open the app and tab to the “New user” option.

Step 3: Enter your name, phone number, and Email id. Another box you will find is named Agent code. It’s optional, so you can skip it. Tab on confirm.

Step 4: They will send you an OTP password, insert the password and proceed.

Step 5: On the next page, you will find “Save and Transact” choose “Islamic” from two options. Don’t do anything to the second box named “Borrow.”

Step 6: Now, you have to provide your salary amount on the next page. Then press continue. Note that your salary should confirm on your salary certificate later.

Step 7: You have to provide your educational qualifications and job details. Fill those boxes carefully. Click on proceed.

Step 8: After that, you will have to send your passport, Emirates ID and a clear picture of your signature.

Step 9: Then, you have to provide your address where you want to get your welcome kit. A welcome kit will take some days to arrive, and it contains a chequebook credit card and a letter.

That’s how you can create a ADGC zero balance account.

Frequently asked questions:

What are the requirements for opening a bank account in UAE?

There are a lot of banks in the UAE. Different banks and different banking plans have their requirements. But in general, you need to have ADE 5000 salary to open a current account while zero balance salary account in uae does not require any minimum salary requirements.

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