How to Open an Al Rajhi Bank Account: Easy Steps to Follow

26 Aug 2024
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Al Rajhi Bank

Account Type	Account Opening Fee (AED)	Monthly Maintenance Fee (AED)	Minimum Balance Requirement (AED)	Overdraft Charges (AED)	Other Charges
Current Account	Free	Free	0	Not Applicable	No charges for basic services
Savings Account	Free	Free	1,000	Not Applicable	No charges for basic services
Investment Account	Free	Free	5,000	Not Applicable	Profit-sharing charges may apply
Premium Account	Free	50	20,000	Not Applicable	Charges for special services (varies)

Whether you want to manage your finances or business, Banks are reliable and useful options. Al Rajhi Bank is one of the largest Islamic banks in Dubai that offers a wide range of products and services. It was founded in 1957 and is the leading player in the financial sector aligned with Islamic principles. Moreover, the dedication of Al Rajhi Bank to top services and Sharia law enhances your experience. In this detailed blog, we will explore services and account openings with Al Rajhi Bank.

Services Offered by Al Rajhi Bank

Corporate Banking

If you choose Al Rajhi Bank then you can easily avail of services like trade finance, and corporate finance solutions. Furthermore, this leading bank also allows customers to avail services for small and medium-sized enterprises.

Personal Banking

The Bank offers you an extensive range of savings accounts, current accounts, and investment accounts. In Al Rajhi Bank, customers can avail of the option of services like personal finance solutions. Moreover, you can also experience credit cards and mortgage products in this Islamic bank.

Digital Banking

If you choose Al Rajhi Bank, you can easily access services like online banking, and mobile banking. Moreover, it is secure and allows you to perform banking transactions anytime and from anywhere.

Must Read: Why NCB Bank is the Best Choice for Smart Banking in 2024

Branches of Al Rajhi Bank in the UAE

City	Branch	Services	Contact No.	Operating Hours
Dubai	Dubai Branch	Personal banking, corporate banking, Islamic financing, remittances, currency exchange	+971 4 363 8888	Sunday to Thursday: 9:00 AM - 4:00 PM
Abu Dhabi	Abu Dhabi Branch	Personal banking, corporate banking, Islamic financing, remittances, currency exchange	+971 2 652 2555	Sunday to Thursday: 9:00 AM - 4:00 PM
Sharjah	Sharjah Branch	Personal banking, corporate banking, Islamic financing, remittances, currency exchange	+971 6 572 2525	Sunday to Thursday: 9:00 AM - 4:00 PM

How to Create an Account with Al Rajhi Bank

Method	Process	Advantages	Considerations	Fee
Online	Fill form on website, verify via Absher.	Fast, no branch visit needed.	Requires Absher and internet access.	Free
Mobile App	Download app, fill form, verify via Absher.	Convenient, accessible on-the-go.	Needs a smartphone and internet access.	Free
In-Branch	Visit the branch, provide ID, fill the form.	Personalized help, immediate setup.	Limited to branch hours, possible wait times.	Free

Online

One of the reliable ways to create an account with Al Rajhi Bank is through their online banking platform.

Steps:

Visit the Website: To create an account with Al Rajhi Bank you have to visit the official website.

Navigate to the Account Opening Section: After accessing now you have to choose to open a new account. Moreover, it is normally found under the section "Accounts" or "Personal Banking".

Fill in the Application Form: After that, you have to fill out the online application form by providing the required information. Moreover, you have to upload all required documents like national ID.

Verify Your Identity: In the verification process, you have to scan documents as it is an important step.

Review and Submit: It is vital to review and ensure that all information is accurate before submitting your application.

Receive Confirmation: At last, when your application is approved you will receive a confirmation SMS and your account details.