Al-Ghad Almubarak Kids - anb
Grow your kids’ savings with flexibility to deposit and withdrawal anytime, with benefiting from smart savings plans that assist you achieve your financial goals.
Key Features:
- Shariah-compliant Saving Account.
- Easy account opening through branches or digital banking channels.
- No minimum balance required to open the account.
- Safe and steady monthly returns on total savings.
- Flexible deposits at any time during the month.
- Withdrawals allowed up to twice per month without affecting profit eligibility.
- Smart auto-savings plans to grow your child’s savings:
- Savings plan on transactions
- Fixed transfer plan
- Flexible transfer plan
Term & Conditions:
- Profits are calculated monthly based on the average monthly balance.
- A minimum average monthly balance of SAR 1 is required to earn profits.
- If the average balance is less than SAR 1, no profits will be calculated for that month.
- Exceeding the maximum allowed withdrawals (more than twice per month) will result in forfeiting that month’s profits.
- Profits are credited at the end of each Gregorian month.
- For more click here
Expected Profit Rate:
Average balance | Expected Profit Rate (Per Annum) |
---|---|
1 SAR or more | 2.50 % |
There is no minimum to open the Al-Ghad Al-Mubarak account.
Yes, Al-Ghad Al-Mubarak account complies with Sharia regulations.
There are no monthly fees.