Employees:
- Must be employed by a company or organization that has a corporate salary agreement with Emirates Islamic Bank.
- Minimum monthly salary requirement (varies based on the company's agreement with the bank).
- Must meet the bank's Know Your Customer (KYC) and anti-money laundering (AML) requirements.
- Must be 18 years of age or older.
- Valid UAE Emirates ID or passport and residence visa (for expatriates).
Companies/Organizations:
- Must have a business presence in the UAE.
- Must have a minimum number of employees (varies based on the bank's corporate salary agreement terms).
- Must provide necessary documentation and complete the bank's payroll setup process.
- Meet the bank's financial and operational requirements.
Benefits of Emirates Islamic Bank Payroll Account:
- Convenient salary deposit directly into the account on a specified date each month.
- Access to various banking services and products, including online banking, mobile banking, debit cards, credit cards, and more.
- Salary advance or overdraft facility (subject to eligibility and bank approval).
- Personal loans, auto loans, and other financing options at preferential rates.
- Access to the bank's extensive network of ATMs and branches.
- Reward programs and promotions for account holders.
- Hassle-free banking experience with dedicated payroll account services.
Documents Required:
- Emirates ID or passport and residence visa (for expatriates).
- Salary transfer letter or confirmation from the employer.
- Proof of income, such as salary slips or employment contract.
- Other supporting documents as requested by the bank.
It's important to note that the specific eligibility criteria and requirements for a payroll account may vary based on the policies of Emirates Islamic Bank and the company's agreement with the bank. It is recommended to contact the bank or visit their website for the most up-to-date information and assistance with opening a payroll account.
