Product details
What you need to know
What to check
Understand Mbank Gen Alpha Saving Deposit
Mbank Gen Alpha Saving Deposit is a fixed deposits product from Al Maryah Community Bank. Compare the rate for your exact amount and term, how returns are paid, and what happens if you withdraw early.
Published details
- Eligibility: Individual UAE residents may open it for a minor
- Tenor: 6 months
- Fixed Rate: 1.5% p.a.
- Profit Payment: Twice monthly
- Currency: AED
- Fixed Interest Rate: 1.5% p.a.
- Interest Payment: Twice per month, as stated in the KFS
- Early Withdrawal: 2 percentage points below the applicable interest rate; no interest where the completed-tenor rate is 2% or less
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓You can verify salary with the bank
- ✓You want everyday banking benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You need confirmed eligibility
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |