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#YOUNG account
#YOUNG account

 Ajman Bank #YOUNG account is an ideal choice to help your child take the first step towards financial discipline. It is a fully sharia’h compliant savings account that encourage your kids to save, earn profits and see their money grow with time.

Features and Benefits

  • Exclusive Savings account, with no fall below charges
  • Can be opened only for Minors (below 18 years old)
  • Specially designed debit card in the name of the “Minor”
  • Denominated in AED currency only
  • No minimum account balance required
  • A minimum initial deposit of only AED 500 required to open the account
  • Profit bearing account based on the concept of “Mudaraba”
  • Minimum balance required to earn profits is AED 5,000
  • 24/7 toll-free number (80022)

Documents Required

  • Dully filled and signed account opening application form
  • Original Passport and Emirates ID for UAE nationals and expatriates *
  • Original Visa page for expatriates *

* The identification documents to be provided for both Guardian and Minor.

Note: The bank will maintain the right to ask for additional document(s), if required.

For more details, please visit our nearest branch or call our toll free number 80022.