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University Student Savings Account

University Student Savings Account

At ADCB Islamic Banking, we believe that students should be well-equipped for their financial future. By opening a University Student Account, you can enjoy the benefits of an Islamic Savings Account along with exclusive discounts and daily prize draws.

Winners List

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  • Unique Benefits

    • Daily draw of AED 500
    • Earn profit from your savings
    • Receive an AED 500 sign up bonus*
  • Savings Account Features

    • Open and operate your account independently (no guardian required)
    • Exclusive discounts on shopping, dining, travel and much more
    • International Debit Card
    • Mobile Banking and Internet Banking
    • Available to UAE Nationals and Expatriates
  • Eligibility Criteria

    • Minimum age of 18 years or older
    • Full or part-time university student in the UAE
    • Minimum account opening balance of AED 1,500
  • Fees and Charges:

    The following charges will be applied to University Student Account:

    Product Details


    Minimum balance requirementAED 1,500
    Fall below feesNone
    Semi annual feesNone
    Branch Teller TransactionsNone
    Fund Transfer with same CIDNil
    Fund Transfer outside ADCBNone
    Cash Withdrawal:
    Usage fee in UAE at Non-ADCB ATMs (UAE Switch):6 Free Transactions per month,
    AED 2 per additional transaction
    Denial:2 AED
    Inquiry:6 Free Transactions per month,
    AED 2 per additional transaction
    Usage fee in Arab Gulf Co-operation Countries (GCC Switch ATMs):2 Free Transactions per month,
    AED 6 per additional transaction
    Inquiry:2 Free Transactions per month,
    AED 3 per additional transaction
    Usage fee at international ATMs i.e. outside UAE and GCC:AED 20
    Other Charges: 
    Processing fee for foreign currency transaction**:2% + the foreign exchange rate
    Copy of sales slip:AED 25
    * University Student Account holder will be eligible for a daily prize draw of AED 500 by maintaining a monthly average balance of AED 1,500
    ** Excludes processing fee charged by the Association.
  • Approved by Shari’ah and Supervisory Board

    To view the Fatwa issued by the Shari’ah Board authenticating compliance of product structure and documentation, please click here

    For more information or to apply, call us on 600 56 2626 or visit any ADCB branch across the UAE.

3 Simple Ways To Apply

Call - 600 56 2626
SMS - STUDENT to 2626

Terms and conditions apply.

*Sign up bonus of AED 500 is exclusive to UAE Nationals only. In case the average monthly balance is not maintained during the first 3 months from the date the account was opened ,then the reward amount of AED 500 will be forfeited. 

Amount to be credited (AED 500) will not be applicable towards the required minimum amount to open the account (AED 1,500).

  • Contact Us
  • ATMs / Branches

Call - 600 56 2626

SMS - ISL to 2626

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