Wakala Deposit for Golden Visa

 

Great News for our valued expatriate customers… live, work and study in the UAE without the need of a sponsor.

 

With Ajman Bank’s Wakala Deposit, you will enjoy a long visa duration up to 10 years as well as preferential competitive profit rates on your deposit.

 

Investors are eligible to apply for golden visa by providing proof of deposit such as balance certificate or a statement issued by an investment fund or financial institution licensed in the UAE, proving the deposit of at least AED 2 million and the deposit shall continue for 2 years.

 

Ajman Bank offers this new banking proposition (Wakala Deposit for Golden Visa) which is designed exclusively for UAE Golden Visa customers who want to achieve their dreams and ambitions in UAE.

 

Features & Benefits

  • Enjoy long time visa duration up to 10 years without the need for a sponsor.
  • Receive quarterly profit amount on your placed deposit as well.
  • Minimum deposit tenure is 2 years.
  • Minimum deposit amount of AED 2,000,000
  • Additional current account with no minimum balance requirement and FREE debit card
  • Pre-approved B-Right credit card with (lien to be placed on the credit limit amount as per secured card policy.
  • Deposits are  acceptable only in UAE dirhams
  • Profit rate calculation based on expected profit rate
  • Product is structured under Sharia concept of “Wakala”

Documents Required:

  • Duly filled and signed Account Opening Form and Wakala Deposit Agreement
  • Original and Copy of Emirates ID
  • Original and Copy of Passport (VISA status proof is required for Expatriates)

 

For further details, please refer to our FAQs

 

Terms & Conditions Apply

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