Banking is an important part of our life. The First Abu Dhabi Bank (FAB) is the most popular bank in the United Arab Emirates. Millions of people have either a Savings Account or a Current Account or any other account with the FAB Bank.

For people who are new in banking, the First Abu Dhabi Bank offers an Instant Digital Savings Account called iSave Account. Any person with a valid Emirates ID and a minimum of 18 years of age can apply to open an iSave Account with FAB in UAE.

How to Open FAB iSave Account

The First Abu Dhabi Bank provides an easy way to open an iSave Account on its website and also on its mobile app. If you want to open a savings account without a minimum balance requirement, the FAB iSave Account is the best bank account for you.

FAB iSave Account Features

The FAB iSave Account comes with all the high-tech features that you need to use in daily life. Other banks may offer the same features but they have a condition to maintain a minimum balance in your account but the FAB Bank does not have any minimum balance condition.

Here I provide all the exciting features of the FAB iSave Account as under.

• No Requirement to Maintain Any Minimum Balance
• No Restrictions on Number of Cash Withdrawals Per Month
• Instant Account Opening Facility at FAB Website and also through FAB Mobile App
• Earn 5.25% Interest on New Funds Deposited in Account from 1st May 2023 to 31st March 2024
• Get Your Account Number and Credit Card Instantly with Zero Paperwork Process

With an iSave Account, individual customers get the above features and enjoy digital banking on their mobile app.

After opening an iSave Account with FAB, the customers can do FAB Balance Enquiry Online at the FAB website www.bankfab.com and through FAB Mobile App at free of cost. The FAB Balance Check Service is also available via SMS and at FAB ATM Machines.

Who Can Open FAB iSave Account?

Any individual who meets the required eligibility criteria can open an iSave Account with FAB Bank. Emirati Citizens, GCC Nationals and Expatriates (Expat Residents) are eligible to open an FAB iSave Account in 2024.

Here I provide the minimum eligibility criteria needed for opening an iSave Account with First Abu Dhabi Bank in UAE.

1. Must be at least 18 years old on the Date of Applying
2. Must Have a Valid Emirates ID
3. Must Have a Valid Passport
4. Must Have a Valid Residency Visa (Only for Expatriates)
5. The Applicant Must be Present in UAE at the time of Applying to Open the iSave Account.

If you meet the eligibility criteria mentioned above, you can apply to open an iSave Account with First Abu Dhabi Bank (FAB). The tourists and visitors are not eligible to open an iSave Account at FAB Bank.

Required Documents to Open FAB iSave Account

To open an iSave Account with First Abu Dhabi Bank in UAE, you must have the following documents.

• Original Emirates ID and a Valid Copy
• Original Passport and a Valid Copy
• A Valid Copy of a Residency Visa (Only for Expatriates)
• Salary Certificate or Letter from the Employer/Company

You must have all the required documents given above, you will need to upload/submit these documents during your application for opening an iSave Account.

Apply Online to Open FAB iSave Account

1. Go to the FAB iSave Account Page www.bankfab.com.
2. Read the features, eligibility and required document details.
3. Scroll down to the Apply Now section.
4. Fill up the Application Form with Your Name, Company Name, Phone Number, Email, Emirate, Salary and Nationality.
5. Tick the box to agree with FAB Terms & Conditions and click on Apply Now.
6. Wait for one minute to get your iSave Account Number from FAB Bank.
7. Once your iSave Account is active, you can deposit funds in your bank account.

In this way, you can apply to open an iSave Account with First Abu Dhabi Bank in UAE.

Wrapping Up

The FAB iSave Account is a savings account with great benefits and no condition for a minimum balance. The iSave Account is available for individual customers only and not for corporate customers.