FORMALITIES TO OPEN A BANK ACCOUNT IN ABU DHABI
The formalities involved in opening a bank account in Abu Dhabi are quiet easy although the requirements vary from bank to bank.
BANK ACCOUNTS FOR RESIDENT VISA HOLDERS (EMPLOYEES) OF ABU DHABI
Resident of the country of UAE has all provision and privilege to open bank account in Abu Dhabi. Danburite assist all our clients to open bank account in a hazel free environment.
BANK ACCOUNTS FOR NON RESIDENTS OF DUBAI
A non-resident has multiple option to open bank account in Abu Dhabi. It will be easy to open personal saving account but also have privilege to open current account in Abu dhabi as the part of a company formation. The bank account opening will always be our complimenatary service to our clients
FEATURES OF BANK ACCOUNT
To get a credit card, you must have a monthly salary of at least Dh5000 (annual salary of Dh 60,000). If you don’t meet this requirement then you can put down a Dh 60,000 deposit. However the criteria are varied from bank to bank
You can only apply for a car loan to cover 80 per cent of the cost of your car. The final 20 per cent has to be covered by your deposit. The maximum repayment period is 60 months, or five years. But for a second-hand car, Three years is the maximum repayment period.
If you want to apply for a personal loan from a bank, the maximum amount you are allowed is 20 times your monthly salary. The maximum repayment period is 48 months, or four years.
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