UAE is a specific region of the World that contains every type of facility for the locals and expats equally. It is known as the main junction of the world in which multiple top industries are involved. Similarly, UAE has the greatest and most extensively unique banking system in the world. It not only contains the normal banking system but the term banking system contains a vast concept here. It includes several economical and favorable commodities to provide financial aid to the people of the UAE. When it comes to the top UAE banks, so the list is huge because almost every bank is famous for its brilliant financial services.
But here in this article, we would like to reveal some specific top banks that are considered always top of the list. Also, you will know about the major characteristics and reasons behind the popularity of these UAE banks throughout the UAE. We will discuss the good features of such top banks about financial aid, that they are giving to the UAE residents. You will also gather the info related to the new advanced term of the instant loan and the purpose of such new term.
Qualities of Top banks
Financial products of every kind
Top banks have a lot of special qualities including the always availability of financial products. Whenever someone needs to obtain some specific product, these top banks are available to give that facility. Here is the list of products that should be always available in top UAE banks, like credit cards, insurance, Accounts, loans, investment plans, etc.
Easy terms and conditions
Another quality of top banks is their simple terms and conditions for all including the non-residents of the UAE. There should not be any kind of hard and fast rules for taking financial assistance.
The next most important thing is that top UAE banks should be able to provide several kinds of additional rewards with the products and services. whenever a candidate applies for a credit card, the bank should provide some extra points, rewards, or offers like cashback with that credit card. It will also encourage the candidate and he will be happy with that bank.
Another quality of a top-level bank is its simple eligibility criteria. People like to become a customer of such bank that is providing financial services on simple criteria. The minimum salary should be less or affordable for every person living in UAE including expats. The age requirement should be also according to the laws and the other paper’s requirements should also reasonable for everyone.
Top banks UAE
This bank is the largest and most outstanding bank, the reason behind its popularity is its extraordinary services with amazing financial assistance. It is giving top-level financial products and services to the nation. It was not the same bank, in the beginning, there were two major different banks, the emirates bank and the national bank of Dubai. In the year 2007, both banks were incorporated with each other and the new bank was constructed in 2007 with the name Emirates NBD. This bank has the greatest chain of automated teller machines (ATMs) throughout the country. People mostly select this bank when taking any product like a loan, credit card, insurance, etc.
Abu Dhabi commercial bank is also one of the top UAE banks and known for its brilliant services with financial aid. The major quality of this bank is its brilliant customer care service option. Whenever you go to the bank for taking financial aid, so you will not have to wait there in rows. Because there will be always a representative to assist you on the spot. After customer care service, you will find many other facilities, like it offers the commercial banking system and Islamic banking system also. This bank also gives a facility for various investment supervision plans.
Dubai Islamic Bank
This is another top level bank that was established in the year of 1975. The main motive of this bank is to give financial assistance to the whole country according to Islamic financing rules. It is truly based on Islamic sharia laws. All the strategies and treatments for financial issues are based on Islamic laws. This is also considered one of the top UAE banks and it is also considered the first bank that is providing personalized Islamic solutions. Another amazing facility is also attached with this Islamic bank, which is the facility for the minority. This means a minor can open a bank account without all kinds of excess charges.
Another biggest name in the world of finance is the Abu Dhabi Islamic bank. Again it is an Islamic bank with Islamic policies and practices and it has the largest chain of ATMs also. There are more than 450 ATMs and several branches existing throughout the whole UAE. The major quality of this bank is, you can find out both types of financial facilities in it. For example, you can apply for modern and new services and you can also apply for Islamic financial services. That means you can get both kinds of financial solutions in this bank with many other unique facilities. Like, it is offering a global banking system as well for international transactions and provides student cards also.
Instant loan in UAE
This term is the most latest and popular term throughout the UAE and most people are now interested to take that loan. Instant loan in UAE is making lives simpler and more improved through the modified latest method of quick loan service. Now, you just have to bring your ID card along with you and the bank will allow you to take a loan on the spot within almost 1 hour. This loan-taking method is the quickest and simplest method. There will be no more requirements and no extra documentation procedures will be held while taking an instant loan, it will be also available through an online source.