Ar Rihla Regular Savings Account-i


Ar Rihla Regular Savings Account-i

Ar Rihla Regular Savings Account-i (Ar Rihla) helps you get a head start in saving up for your journey to the Holy Land. With as little as S$50 a month, Ar Rihla offers you a regular savings plan that lets you save with ease and spiritual clarity.

Overview

interest rateAttractive potential bonus in the form of hibah may be distributed at the Bank's discretion to customers who save regularly*
WithdrawWithdraw cash for free at all Maybank and atm5 ATMs in Singapore
Business Internet BankingRound-the-clock service with Online and Mobile Banking
Maybank Platinum Debit CardMake payments at all NETS and FlashPay acceptance points with Maybank Platinum Debit Card

*Bonus (if declared) will be credited on the first calendar day after the end of each 12-month period, starting from the second calendar month of account opening (at bank’s discretion)

Eligibility



  • Minimum age: 16 years old
    • For young individuals below 16 years of age, the account may be opened in the name of the parent or legal guardian as a Trust Account

  • Initial Deposit
    • S$10 (Singaporeans/Permanent Residents)
    • S$500 (Foreigners)

Documents Requirement for Singapore Citizens or Permanent Residents

  • NRIC

Documents Requirement for Foreigners

  • Passport
  • Employment Pass
  • Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass


Account opening is subject to the Bank's approval.

Fees and Charges


Description
Fees and Charges
Fall-below fee (per month)Singaporeans and Permanent Residents
  • S$2 monthly service fee; waived with a minimum average daily balance of S$200
Foreigners
  • S$5 monthly service fee; waived with a minimum average daily balance of S$500
Early Account Closure
(within 6 months)
S$30 early account closure fee, if the account is closed within 6 months of opening
Others
Please click here to view the other Bank charges applicable for Current Account



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Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.