Minimum Salary Requirement to Open a Bank Account in the UAE

In most cases, banks ask for a minimum monthly salary of AED 5,000. However, some banks make it easier for employees earning lower incomes by allowing accounts to be opened with a minimum monthly salary of AED 3,000. This flexibility benefits a lot of individuals, especially entry-level employees who are just starting their careers, making banking more accessible for everyone. 

Top Bank Accounts for Low Salary in the UAE

There are many banks in the UAE, allowing you to open an account with a low salary, and here we have listed the top banks with their key features: 

1. FAB iSave Account

FAB’s iSave Account offers a simple, no-minimum-balance savings option ideal for low earners. You can open it instantly via mobile or online banking, earn a good interest rate on new deposits, and withdraw freely. 

Features and Benefits of FAB iSave Account

• Earns 4.5% interest annually on new funds deposited  
• No minimum balance requirement
• Unlimited number of withdrawals
• Instant account opening via the FAB Mobile app or online banking
• Available for individuals (UAE residents) 

2. RAKmore Salary Transfer Account - AED 5,000

It’s a leading bank account for low salary for Dubai residents that lets you enjoy exclusive privileges. RAKmore Salary Transfer Account is a current account with no minimum balance, offering a free debit card, unlimited domestic transfers, a free chequebook, and more.

Key Features and Benefits of RAKmore Salary Transfer Account

• No minimum balance requirement
• Minimum salary requirement of AED 5,000
• Get a cheque book every month with no cost 
• Free debit card with 24/7 global access (Mastercard ATMs) 
• Free-for-life credit card 
• Unlimited free domestic remittances via digital banking
• One complimentary SWIFT international remittance in a month via digital banking 
• Enjoy up to 3 free non-RAKBANK ATM cash withdrawals monthly 

3. Emirates NBD Current Account - AED 3,000

Emirates NBD Current bank account is designed for low-salary applicants with significant benefits. It gives you the privilege to open an account online without any hassles. All its unique features, like no fees for account opening, easy teller transactions, and more, make it the ideal choice to fulfil all your basic banking needs. 

Key Features and Benefits of Emirates NBD Current Account 

• Available in multiple currencies, such as AED, AUD, EUR, JOD, and so on 
• Requires a minimum balance and salary of AED 3,000
• No account opening fees
• Enjoy up to 10 free teller transactions per month 
• No charges for the first chequebook 
• Get a complimentary debit card 
• Digital banking access with complete security 
• Instant and no-cost fund transfer

4. ADIB Current Account - AED 5,000

Abu Dhabi Islamic Bank (ADIB) offers ADCB current account with unparalleled features and benefits. It is based on Islamic principles, and the minimum salary to open this bank account in Dubai is AED 5,000. It enables you manage your money from the comfort of your home with digital banking services. 

Key Features and Benefits of ADIB Current Account

• Free unlimited teller transactions at 60+ ADIB branches across the UAE 
• Free first chequebook 
• Complimentary ADIB visa debit card
• Enjoy 24-hour banking services, such as a mobile banking app, internet banking, telephone, SMS, and more
• Open an account in multiple currencies, like AED, US Dollar, GBP, and more
• Free monthly e-statements 
• Standing instructions feature for automatic recurring payments 

5. ADCB Current Account - AED 5,000

ADCB current account, offered by the Abu Dhabi Commercial Bank (ADCB), is one of the best options for low-salary accounts for UAE residents. It features a broad range of privileges, including a free cheque book, digital banking, accessibility of e-statements, and more. 

Key Features and Benefits of ADCB Current Account

• Requires a minimum monthly salary of AED 5,000
• Enjoy free e-statements 
• Free cheque book for AED accounts
• Option to open this account in AED and other major currencies
• Full access to ADCB mobile and internet banking
• Earn TouchPoints by maintaining an average balance of AED 25,000 or more

Documents Required to Open an Account with a Low Salary 

The bank may ask for certain documents when you apply for an account opening. To help you out, here we have listed the key documents: 

• A copy of the Emirates ID 
• Passport copy 
• Passport-size photograph
• UAE residence proof 
• Salary certificate 

Note- You may need to submit additional documents if requested by the bank, so keep them handy. 

The Bottom Line 

Finding the best bank account for a low salary in Dubai is no longer difficult, as you can get a range of options. Many banks provide flexible account choices that cater to different income levels, making banking accessible and convenient for everyone. By reviewing the benefits, eligibility requirements, and added services, you can choose an account that matches your financial needs. Ultimately, the right bank account not only helps manage your salary but also supports smarter savings and better financial planning.

Frequently Asked Quest