Accounts & Deposits

Qard

LOTUS Current Account

Benefits

• Personalized Account Number
• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• USSD Banking
• Free Card available upon request* (for the first year of operation)
• Free Cheque Book on Request* (First Cheque book free)
• Zero Account Maintenance Charge
• Zero minimum balance
• Access to withdrawal on any bank ATM (first 3 transaction on other bank ATM free)
• One Month free banking safe for regulatory charges & collectibles
• Access to Finance
• No profit is shared

Value Add

• Exclusive lifestyle & engagement privileges through brands / alliance partners.

Mudarabah

LOTUS Savers

Benefits

• Personalized Account Number
• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• USSD Banking
• Free Card available upon request (for the first year of operation)
• Zero Account Maintenance Charge
• Zero minimum balance
• Access to withdrawal on any bank ATM (first 3 transaction on other bank ATM free)
• One Month free banking safe for regulatory charges & collectibles
• Access to Finance
• No profit is shared

Value Add

• Exclusive lifestyle & engagement privileges through brands / alliance partners.

Qard

LOTUS Opulent- Current

Benefits

• Personalized Account Number
• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• USSD Banking
• Free Black Card (for first year of operation)
• Cheque Book on Request (First Cheque book free)
• Zero Account Maintenance Charge
• Zero minimum balance
• One Month free banking safe for regulatory charges & collectibles
• Access to Finance
• No profit is shared

Value Add

• Free Airport Lounge Access
• Special discount to local private jet
• Access to personal shopper
• Dedicated team of financial advisors and account officer

Mudarabah

LOTUS Opulent- Savings

Benefits

• Personalized Account Number
• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• USSD Banking
• Free Black Card (for first year of operation)
• Zero Account Maintenance Charge
• Zero minimum balance
• Access to Finance
• No profit is shared
• Deposit is accepted under Al-Wadiah (safe custody) principle of Shariah

Value Add

• Free Airport Lounge Access
• Special discount to local private jet
• Access to personal shopper
• Dedicated team of financial advisors and account officer

Qard

Domiciliary Current Accounts

Benefits (Individual)

• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• One Month free banking safe for regulatory charges & collectibles
• No profit is shared

Mudarabah

Domiciliary Savings Accounts

Benefits (Individual)

• Personalized Account Number
• Zero Account Opening Balance
• Unlimited number of Withdrawals (daily limit subject to regulations)
• Unlimited Deposits
• One Month free banking safe for regulatory charges & collectibles
• No profit is shared