Established in 1976 as a public joint stock company, RAK Bank is one of the leading bank in UAE. Also known as National Bank Of Ras Al Khaimah, RAK Bank underwent a major shift from corporate banking to retail and small business in 2011.
With 34 branches and best electronic banking solutions, the bank offers wide range of personal and business banking services. RAK Bank recently extended its wings to Islamic Banking services named as “Amal Banking” which is sharia complaint personal and business banking. RAK Bank has a diversified products base.
- RAK Bank NMC MasterCard: A Credit Card specially designed in collaboration with New Medical Centre. NMC MasterCard can be used to pay and avail discounts at NMC Hospitals and Pharmacies. There is guaranteed cash back on every international and domestic spend.
- RAK Bank Geant Le Carte Credit Card: Get rewards on all purchases made at Geant Hyper market.
- RAK Bank Titanium Business Credit Card: Card specially designed to meet the business transactions worldwide. Free for life card that allows to enjoy convenience combined with savings at low interest rates.
- Amal standard Credit Card: A card based on Islamic concept of Qard Hassan. The Card allows contributions to any one of three charitable institutions. The Card also offers cash back and other benefits.
- RAKBANK Mortgage Loan: The fastest and easiest way to avail mortgage loan. Bank offers loan with minimum documentation and a specialist team to assist through whole process.
- RAKBANK Personal Loan: RAKBANK offers personal loans with flexible repayment options and lowest interest rate.
- Auto Loan: RAK Bank helps to turn dreams into a reality by offering highest loan amount and flexible repayment period. The bank has made loan process easy and convenient.
- Amal Business Finance: RAK Bank helps to pump money into small businesses and ensure smooth working of business. Finance is available without collaterals and quick documentation.
- Savings Account: RAK Bank savings account offers a competitive interest rate and interest is credited to account every 6 months.
- F@st s@ver Account: Quick and easy to open account designed for online transactions. The account offers high interest rates and allows 1 withdrawal a month.
- RAKvantage Account: Account that allows transactions while offering interest on the account balance. It is personal account open for even Non- UAE GCC residents.
- Amal Jood Savings Account: A sharia complaint saving account to grow savings. Account holders can maintain the required balance to win prizes up to AED 500,000 every quarter.