Get upto 5%* on our Savings Account Balances with Masraf Al Islamia.
More Detailscare@masrafalislamia.com
Updates:
Dear Customer, We have launched Video KYC facility for New customer to open savings acccount
Get More From Your Money
Access your money anytime and anywhere.
Know About
NSR Savings Account
The Non-State Resident Savings Account by Masraf Al Islamia caters to the financial needs of non-resident individuals, offering a secure and convenient way to manage savings from afar.
Designed to facilitate remote savings, this account provides access to a range of financial services, enabling easy fund transfers, online transactions, and wealth management, ensuring your financial stability regardless of your location.
Reach Your
Savings Goal With Us
Year of
2026
%
Income Statement
Long established fact that a reader will distracted
Our Savings Account Benefits
Experience financial convenience with the Non-State Resident Savings Account
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Earn Profits up to 7%
Potential to earn competitive Profits upto 7 %
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Convenient Transactions
Facilitates online access to account and transfers.
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Customer Support
Dedicated assistance for non-state residents.
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Exclusive NSR Offers
Access to special offers and privileges for non-resident account holders.
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Provides Safety
Ensured security measures for all transactions and account activities.
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Paperless Solutions
Seamlessly manage your finances through our efficient paperless financial solutions.
Eligibility to
Open NSR Savings Account
Eligibility parameters for Non State Resident saving account.
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1
Non-Resident Status
Indian and Non-Resident of Telangana individuals
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2
Age
21 Years old or above
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3
Nationality
Residents, and Non-Resident individuals
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4
Proof of Address
Valid proof of Local residence.
Required Documents to Open an Account
Basic documents required for opening a Non State Resident Savings account.
PAN Card
is Mandatory
Duly Filled
Application Form
Identity Proof
Address Proof
Color & Passport Size
Photographs
Color & Passport Size
Photographs
Account Earnings & Charges
Your money is making money for you & Your Family.
Account Earning Rates
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Balance in a/c
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Interest
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Transfers |
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ATM/Pre-paid |
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Questions & Answers
Find answers to all your queries about our service.
Help You to Find
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What is the minimum balance?
The minimum balance varies, but it typically starts at ₹ 1,000 for most accounts.
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Are savings accounts align with Islamic finance?
Yes, our personal savings accounts strictly adhere to Sharia principles.
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Online access to savings in line with Islamic values?
Yes, our online banking platform is designed to comply with Islamic financial principles.
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Are savings account profits Halal?
Yes, profits are generated through Sharia-compliant mechanisms, ensuring their permissibility.
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Ratio for profit sharing in savings?
The profit-sharing ratio is determined based on the Islamic finance principle of Mudarabah.
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