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Islamic Deposits

Ar Rihla Regular
Savings Account-i

Get a head start in saving up for your pilgrimage to Mecca.

  • Features

    Save with ease and spiritual clarity with as little as S$50 a month.

  • Initial Deposit

    S$10 (Singapore Citizens or Singapore Permanent Residents)

    S$500 (Foreigners)

Benefits


  • Potential bonus in hibah may be distributed at the Bank’s discretion to customers who save regularly. If declared, this bonus 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.
  • 24-hour service with Online and Mobile Banking.
  • Withdraw cash at no charge at all Maybank ATMs and atm5 network in Singapore.
  • Convenience of paying with NETS and FlashPay with your Maybank Platinum Debit Card.

Requirements


ELIGIBILITY:

  • Age: 16 and above. Individuals below 16 may open a Trust Account in the name of the parent or legal guardian.

 

APPLICATION DOCUMENTS:
Singapore Citizens or Singapore Permanent Residents

  • NRIC

Foreigners

  • Passport
  • Employment Pass
  • Proof of mailing address i.e. utilities bill or bank statement with residential address, where the name must be the same as your Passport and Employment Pass

Fees & Charges


DescriptionFees and Charges
Fall-below fee (per month)
  • Singapore Citizens and Singapore Permanent Residents: S$2 monthly, if the monthly average daily balance falls below S$200.
  • Foreigners: S$5 monthly, if the monthly average daily balance falls below S$500.
Early Account Closure (within 6 months) S$30 if the account is closed within 6 months of opening
Others View other applicable Current Account charges.

Important Information


 

Make an appointment

 

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 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$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.