Last Updated on 09 September 2024

Credit Bureau Consent, Welcome Offer & General Terms & Conditions

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Sharjah Islamic Bank MaxPlus Deposit Account

Sharjah Islamic Bank Bank

MaxPlus Deposit Account

Profit Rate

14.75%

Min Balance to Maintain

AED 10K

Relationship Manager

No

Yes

Sharjah Islamic Bank
interest rate

14.75%

Profit Rate

min balance

AED 10K

Min Balance to Maintain

relationship manager

No

Relationship Manager

Yes

Currency Account

View details on bank page

Features

  • Get Maximum Profit and Maximum Flexibility with MaxPlus Deposit Account
  • Enjoy Great returns with SIB MaxPlus Deposit Account
  • Earn Maximum Profit and Maximum Flexibility
  • Profit rate up to 14.25% (36 months tenure) and 6.525% (18 months tenure)
  • You can earn finance against your deposit up to 90%
  • The Minimum Deposit amount is AED 10,000
  • USD or AED

Required Documents

  • The following documents are required.
  • Original passport & Emirates ID, UAE residence visa for expats

Main Benefits

  • Sharjah Islamic bank provides Max Plus Deposit Account where the customer can get high returns with Maximum Profit and Flexibility. With a finance facility against the deposit it makes it attractive to the customers as the max plus deposit account is the most preferred option.
  • You can access funds anytime without breaking the deposit
  • Provides you with finance against your deposit up to 90%
  • Earn Profit rate up to 14.25% with 36 months tenure and 6.525% with 18 months tenure
  • The Profit will be calculated on a monthly basis at the profit rate expected for the specific month and payable on deposit maturity.
  • You can start getting access to fund any time without breaking the deposit

Frequently Asked Questions

Q. What is the minimum balance?

A. The minimum balance is AED 10,000

Q. What is the eligibility criteria?

A. The applicants should be 21 years of age and have minimum balance of AED 10,000

Q. Do you get finance support?

A. Yes, you get up to 90% finance support against your deposit

Q. What is the profit rate per annum?

A. The profit rate is 14.25%

Sharjah Islamic

Established in 1975 through an Amiri decree, the bank was initially known as the National Bank of Sharjah. In 2002, the bank was the first bank to convert to Islamic Banking and was renamed as Sharjah Islamic Bank (SIB). SIB has a Vision 'to be the bank of choice, delivering creative customer solutions based on Islamic principles of partnership, trust & equality for all’. The values followed by them are :

  • Bonding and Harmony
  • Compliance
  • Learning and Self Development
  • Social Responsibility
  • Creativity and Innovation

   Get in touch with Sharjah Islamic Bank Customer Care

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