Win Big and Win Millions!
Save, Earn & Win with Al Dana
Most popular and most rewarding savings program in Qatar is stepping into its 20th consecutive year with new features.
Grand Prize of
QAR 2 Million
QAR 1 Million
in every two months
Guaranteed winner
every month, every branch
Al Dana is always the Best
Grand prize in Qatar
T&C’s apply
Al Dana for Everyone
Residents in Qatar can enter the draw by opening an any Al Dana savings product variant
Al Dana Legacy
- 19 consecutive years of creating Millionaires.
- More than 163 Million cash and 40 Kg of gold prizes.
- More than 76 Millionaires.
- More than 5,796 winners.


Save and Win
- QAR 2 Million – 1 winner
- QAR 1 Million – 4 winners
- QAR 50,000 – 18 winners
- QAR 5,000 – 207 winners
- QAR 18,000 – 18 winners
Double your Chances to become a Millionaire
- Open a new account with a monthly average balance of QAR 50,000 or more.
- If you are an existing customer, increase your monthly average balance by QAR 50,000 or more.

Eligibility
Eligible Accounts for Al Dana | Eligibility for Al Dana Draw | Chance Calculation for Al Dana Draw |
---|---|---|
Accounts in Qatar Riyal (QAR) or US Dollars (USD) with a Minimum Monthly Average Balance and Month End Balance of QAR 10,000 will be eligible for Al Dana Draws. | Every QAR 1,000 of your average monthly balance gives you an entry into the prize draw. | |
Al Dana Plus Savings account in Qatar Riyal (QAR) or US Dollars (USD) with a Minimum Monthly Average Balance and Month End Balance of QAR 50,000 will be eligible for Al Dana Draws. | Every QAR 10,000 of your average monthly balance gives you an entry into the prize draw. |
To Open an Al Dana Account
Benefits with Al Dana Account
- Free Life Insurance
- Free MasterCard Debit
- Mobile banking
- Online banking
- SMS banking
- Easy balance swaps between accounts
- Utility bill and school fees payment
- Set up standing instructions easily
- Remit funds easily across all countries 24/7 (E-Remittance & Western Union)
- Immediate loan of up to 90% of your deposits
- Interest & Non-Interest savings option
Are you ready to apply?
Terms and Conditions apply
Chance Calculation
One chance is equivalent to QAR 1,000 or equivalent in USD, and chances will be calculated based on the Monthly Average Balance in the account.
Monthly Average Balance Calculation
The Monthly Average Balance is equal to sum of daily balance on each working days of the month, divided by the total number of working days of the month.
Monthly Average Balance Calculation
Summation of daily balance for the working days of the month, divided by the total number of working days of the month.
Scenario 1
In a month where number of working days are 22, if the summation of daily balance for the working days is QAR 396,000 for the month, the customer’s average balance is QAR 18,000 (QAR 396,000 ÷ 22).
The customer will receive 18 regular chances (18,000 ÷ 1,000).
Refer below illustration.
Scenario 2 – Double chances
If the customer increases monthly average balance from QAR 18,000 to QAR 68,421 where incremental balance is 50,421, customer will receive Double Chances on the incremental balance for Month 2 since the incremental balance compared to Month 1 is greater than QAR 50,000.
The customer will receive total 118 Chances (Regular Chance 68 + Bonus Chance 50).
Refer below illustration.
Working Days | 1st | 2nd | 3rd | 4th | 5th | 6th | 7th | 8th | 9th | 10th | 11th | 12th | 13th | 14th | 15th | 16th | 17th | 18th | 19th | 20th | 21st | 22nd | Daily Sum of Balance | Average Balance for Month | Incremental Balance | Regular Chances | Bonus Chances | Total Chances |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Month 1 with 22 Days | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 396,000 | 18,000 | – | 18 | – | 18 |
Month 2 with 19 Days | 25,000 | 25,000 | 25,000 | 25,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | 80,000 | – | – | – | 1,300,000 | 68,421 | 50,421 | 68 | 50 | 118 |
Month 1 | Month 2 | |
---|---|---|
Number of Working Days of a Month | 22 | 19 |
Summation of Daily Balance for Working Days | 396,000 | 1,300,000 |
Monthly Average Balance | 18,000 | 68,421 |
Incremental Monthly Average Balance | – | 50,421 |
Number of Regular Chances | 18 | 68 |
Bonus Chances | 0 | 50 |
Total Chances | 18 | 118 |
Monthly Average Balance Calculation
Summation of daily balance for the working days of the month, divided by the total number of working days of the month.
Scenario 1
In a month where the number of working days are 22, and if the customer opens an account on the 1st working day of the month with an initial deposit of QAR 50,000, the customer will be eligible for 50 Regular Chances and 50 Bonus Chances. (total of 100 chances).
Refer below illustration.
Scenario 2
In a month where the number of working days are 22, and if a customer opens an account on the 5th working day of the month with an initial deposit of QAR 50,000, the customer will be eligible for 40 Regular Chances only.
Refer below illustration.
Scenario 3
In a month where the number of working days are 22, and if a customer opens an account on the last working day (22nd working day) with an initial deposit of QAR 220,000, the customer will be eligible for 10 Regular Chances only.
Refer below illustration.
Scenario 4
In a month where the number of working days are 22, and if a customer opens an account on the 19th working day with an initial deposit of QAR 50,000, the customer will not be eligible for Al Dana Draw since the monthly average balance is below QAR 10,000 for that month. However, the customer will be eligible for draws in the subsequent months subject to maintaining average balance more than QAR 10,000.
Refer below illustration.
Scenario | 1st | 2nd | 3rd | 4th | 5th | 6th | 7th | 8th | 9th | 10th | 11th | 12th | 13th | 14th | 15th | 16th | 17th | 18th | 19th | 20th | 21st | 22nd | Daily Sum of Balance | Average Balance for Month | Incremental Balance | Regular Chances | Bonus Chances | Total Chances |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Scenario 1 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 1,100,000 | 50,000 | – | 50 | 50 | 100 |
Scenario 2 | – | – | – | – | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 900,000 | 40,909 | – | 40 | – | 40 |
Scenario 3 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 220,000 | 220,000 | 10,000 | – | 10 | – | 10 |
Scenario 4 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 50,000 | 50,000 | 50,000 | 50,000 | 200,000 | 9,091 | – | – | – | – |
Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
---|---|---|---|---|
Number of Working Days of a Month | 22 | 22 | 22 | 22 |
Initial Deposit (QAR) | 1,100,000 | 900,000 | 220,000 | 200,000 |
Monthly Average Balance | 50,000 | 40,909 | 10,000 | 9,091 |
Incremental Monthly Average Balance | – | – | – | – |
Number of Regular Chances | 50 | 40 | 10 | – |
Bonus Chance | 50 | – | – | – |
Total Chances | 100 | 40 | 10 | – |
Calculation is subject to maintaining the same balance throughout the end of the month. If customer increases or decreases the balance in between the month, number of chances will be adjusted accordingly.
Al Dana Free Life Insurance
Life insurance Eligibility
Al Dana account holders age above 18 and below 60 years maintaining a minimum monthly average balance of QAR 25,000 for 3 consecutive months will be eligible for free life insurance cover with Al Dana.
If the monthly average balance in the account drops below QAR 25,000 in any of the subsequent month, insurance will be revoked immediately, and the customer will need to maintain the required minimum monthly average balance for three consecutive months to be eligible again.
If the monthly average balance drops but not less than minimum required, the Life Insurance cover will be adjusted accordingly in line with lowest monthly average balance in the last 3 months.
Life insurance Cover
Life Insurance cover is equal to 5 times the lowest monthly average balance in the last three months subject to a maximum cap of QAR 2.5 million.
Scenario one – First time enrollment
Scenario 1 | May (Monthly Average Balance) |
June (Monthly Average Balance) |
July (Monthly Average Balance) |
Eligibility | Insurance Eligibility Month | Insurance Cover (5 Times), Subject to a Maximum of QAR 2.5mn |
---|---|---|---|---|---|---|
Customer A | 28,000 | 30,000 | 28,000 | Eligible | Eligible for the Month of August | QAR 140,000 |
Customer B | 600,000 | 600,000 | 600,000 | Eligible | Eligible for the Month of August | QAR 2,500,000 |
Customer C | 24,000 | 28,000 | 28,000 | Not Eligible | Not Eligible | Not Eligible |
Customer A
Customer A is maintaining a monthly average balance greater than QAR 25,000 for May, June and July, hence Customer A will be eligible for the Life Insurance cover for the month of August and will be continued in the subsequent months if customer maintains minimum average balance of more than QAR 25,000/-. The insurance cover will be adjusted accordingly based on the minimum monthly average balance in the account in the subsequent months as per defined in the terms and conditions of the insurance scheme.
Refer above illustration – Scenario 1.
Customer B
Customer B is maintaining a monthly average balance of QAR 600,000 for May, June and July, hence Customer B will be eligible for the Life Insurance cover for the month of August and will be continued in the subsequent months if customer maintains minimum average balance of more than QAR 25,000/-. The insurance cover will be adjusted accordingly in line with lowest monthly average balance in the last 3 months as per the terms and conditions of the insurance scheme.
Refer above illustration – Scenario 1.
Customer C
Customer C is not maintaining a monthly average balance greater than QAR 25,000 in the month of May; hence Customer C will NOT be eligible for the Life Insurance cover for the month of August. However, if Customer C can enroll for life insurance scheme by maintaining minimum monthly average balance more than QAR 25,000/- for three consecutive months and insurance cover will be adjusted accordingly with the minimum monthly average balance in the account in the subsequent months within the terms and conditions of the insurance scheme.
Refer above illustration – Scenario 1.
Scenario Two – Subsequent enrollment and Dropout
Scenario 2 | June (Monthly Average Balance) |
July (Monthly Average Balance) |
August (Monthly Average Balance) |
Eligibility | Insurance Eligibility Month | Insurance Cover (5 Times), Subject to a Maximum of QAR 2.5mn |
---|---|---|---|---|---|---|
Customer A | 30,000 | 28,000 | 20,000 | Not Eligible | Not Eligible for the Month of September | Not Eligible |
Customer B | 600,000 | 600,000 | 200,000 | Eligible | Eligible for the Month of September | QAR 1,000,000 |
Customer C | 24,000 | 28,000 | 28,000 | Eligible | Eligible for the Month of September | QAR 140,000 |
Customer A
Customer A who was eligible for insurance for the month of August, is not eligible for life insurance for the month of September since the monthly average balance in the account for month of August has dropped below QAR 25,000/-. In order for Customer A to be eligible for the life insurance again, customer should maintain a monthly average balance more than QAR 25,000 for three consecutive months (i.e. September, October and November).
Refer above illustration – Scenario 2.
Customer B
Customer B who was maintaining a monthly average balance of QAR 600,000 for May, June and July has dropped the monthly average balance in August to QAR 200,000, Customer B’s Life Insurance cover for the month of September will be reduced to QAR 1,000,000 from QAR 2,500,000 in August.
Refer above illustration – Scenario 2.
Customer C
Customer C who was not eligible for insurance for the month of August is eligible for insurance for the month of September since the monthly average balance maintained the account is above QAR 25,000 for the last 3 months consecutively.
Refer above illustration – Scenario 2.
PRIZE CALENDAR – AL DANA 2023* | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Draw Type | Prize | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total Prizes |
Total (QAR) | |
Eligibility | Description | Amount (QAR) | Prizes | Prizes | Prizes | Prizes | Prizes | Prizes | Prizes | Prizes | Prizes | ||
Year End Draw (Grand Draw) | |||||||||||||
Grand Draw | Cash | 2,000,000 | – | – | – | – | – | – | – | – | – | 1 | 2,000,000 |
Special Draws | |||||||||||||
One Million Draw | Cash | 1,000,000 | – | 1 | – | 1 | – | 1 | – | 1 | – | 4 | 4,000,000 |
Monthly Draws – 1 Prize for each Branch | |||||||||||||
50K Draw | Cash | 50,000 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 18 | 900,000 |
Branch wise Draw | Cash | 5,000 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 207 | 1,035,000 |
Qatar National Day | |||||||||||||
National Day Draw | Cash | 18,000 | – | – | – | – | – | – | – | – | 18 | 18 | 324,000 |
Total | 25 | 26 | 25 | 26 | 25 | 26 | 25 | 26 | 44 | 248 | 8,259,000 |
*Prizes are allocated for the month as per the schedule. The draws for allocated prizes will be conducted on the following month and will be commenced from May 2023 and continue till the final draw in January 2024.
Al Dana Terms & Conditions
- Al Dana is a Prize link Savings account. Residents of Qatar maintaining an active Al Dana Savings accounts in Qatar Riyal (QAR) or United State Dollars (USD) with required monthly average balance and Month End Balance will qualify for Al Dana prize draws.
- Number of chances for the draws will be calculated on the Monthly Average Balance in the account.
- The Monthly Average Balance is calculated by summing of daily cleared balance of the working days of the month, divided by the total number of working Days for the month.
- Winners from the same prize category will not be repeated in the successive months during the promotion period however hey will be entitled other prize categories.
- To ensure transparency of the draw and the integrity of the product, the Bank has the right to advertise the winning numbers, names, nationalities, and photos of the winners and Bank reserves the right to use winners name and photographs in all current / future promotional, advertising campaigns and/or marketing material.
- Winners are requested to make themselves available for verification, documentation, and photography prior distribution of the prizes.
- The prizes are non-transferable, non-negotiable.
- In the unfortunate event of the death of the winner, post announcement of the results the amount will be credited in the customer’s legal heir as (appointed by the court) maintained with the Bank.
- All the cash prizes will only be credited to the customer’s account maintained with the Bank.
- In case of a winner leaves the country before credit the prize money, the Bank will continue to credit the account if the account is maintained with the Bank. The Bank will not incur any additional cost of repatriating the money.
- Doha Bank’s Board members and Employees along with their family members are not eligible to participate in Al Dana draw. In the event any Doha Bank’s Board members or Employees family member wins the prize draw, the Bank reserves the right to deny the prize money or claim refund of any prize paid (without prejudice) and conducts another draw to determine the eligible winner.
- Al Dana prize scheme is valid till 31/12/2023 and the final draw will be held during the month of January 2024. Bank has its sole discretion, to continue, discontinue or to change the prize scheme after the expiry of the campaign without notifying customers in advance.
- All draws shall be held under the supervision of representatives of the Bank’s, and representative of Ministry of Trade and Commerce. The result of the draw is final.
- The bank has the right to seize the prize and the customer’s account if there is any suspicion of money laundering or terrorism financing.
- Civil courts of the QATAR shall have exclusive jurisdiction to resolve any dispute arising out of the above transaction.
Al Dana Plus Savings Account
- Existing customer of Doha Bank who does not maintain any other type of Al Dana accounts can open a Al Dana Plus Savings account by filling the additional account opening form along with the Al Dana Plus Savings account terms and condition.
- Interest is calculated on the minimum cleared balance on the account and will be capitalized monthly to the account.
- Doha Bank reserves the right to change the interest rate, tier levels and the charges associated with opening, maintaining, and closing of the Account without any prior notice.
- Account closed mid-month, shall not receive interest for the current month.
- Accountholders are eligible for the Al Dana draws subject to meeting the eligibility criteria and Al Dana Scheme Terms and conditions.
- The Bank has the right to change, amend or cancel the provisions of this contract without referring to the customer.
- The customer irrevocably authorizes the bank to debit his account with all costs, charges, expenditures and expenses of any type related to the account.
- The Bank has the right at any time and without advising or notifying the customer to merge or consolidate all the available balances and existing accounts with the bank and arrange a set-off amongst the balances of such accounts to settle any dues the client may be committed to pay.
- The account statement issued by the bank shall be liable to the customer, if non-objection of the customer on the same within a period of 15 days from the date of dispatching such statement, and shall be considered as a full consent of its content by the customer, and as a final approval for the entries / balances mentioned in the statement, and as a waiver of any objection on any entries/ balances related to his accounts at the bank for any reason.
- Any notification or notice shall be delivered to the other party as per the address stated as per the existing account of the customer. The Bank have the right to dispatch the account statement and notify the customer about the change in the applied interest rate or any amendment to the terms & conditions of the agreement or any other notifications either in writing or by any other electronic means, like for example (e-mail, fax, SMS, etc.). The notification sent by any of the above means shall be valid and legally effective as of the sending date.
- This Agreement is governed by Laws of the State of Qatar, and the Qatari courts shall be competent to settle any dispute arising between the Bank and the Client.
- The client has approved the Arabic version of this agreement. Moreover, accept that it is the right translation for the copy in English and in case of any discrepancy between the two exists language, the Arabic language shall prevail.
- DISCLOSURE DUE TO COURT ORDER OR GOVERNMENTAL ACTION: In the event that the bank or any Representative is obligated or requested to disclose any Confidential Information as a result of a court order or by any governmental or regulatory authority, may disclose such Confidential Information to the extent required by the relevant court order or governmental or regulatory authority. The customer authorized the bank for doing so.
- The customer agrees to the above terms and conditions.
- The above terms and conditions are in addition to the General Terms and conditions as mentioned in the Account opening Form (Individuals – PR-00281).
Al Dana Family Savings Account
- Exclusively offered to Qatari Nationals and their immediate family members only.
- It is a non-interest bearing Savings Account, available in QAR currency only.
- The primary member can add up to 10 immediate family members into the family pool.
- Immediate family members include husband, wife, son and daughter.
- Each accountholder enjoys his/her personal Master Debit Card while for the minors i.e. daughters and sons, the same card can be issued with the option of placing a daily/monthly debit limits such as QAR 100 and above.
- One chance is equivalent to QAR 1,000 or equivalent in USD, and chances will be calculated on the Monthly Average Balance in the account. Double and Triple bonus chances for new customers is calculated on the monthly average balance of the month of account opening and double and Triple bonus chances for customers who increase their balance will be calculated on the incremental average balance of the month.
- Account holders can be tagged as Al Riyada customers when a pooled balance of QAR 350,000 is maintained in the Al Dana Family Savings Account for a period of 6 months.
- The Bank has the right to change, amend or cancel the provisions of this contract without referring to the customer.
- The customer irrevocably authorizes the bank to debit his account with all costs, charges, expenditures and expenses of any type related to the account.
- The Bank has the right at any time and without advising or notifying the customer to merge or consolidate all the available balances and existing accounts with the bank and arrange a set-off amongst the balances of such accounts to settle any dues the client may be committed to pay.
- The account statement issued by the bank shall be liable to the customer, if non-objection of the customer on the same within a period of 15 days from the date of dispatching such statement, and shall be considered as a full consent of its content by the customer, and as a final approval for the entries/ balances mentioned in the statement, and as a waiver of any objection on any entries/ balances related to his accounts at the bank for any reason.
- Any notification or notice shall be delivered to the other party as per the address stated as per the existing account of the customer. The Bank have the right to dispatch the account statement and notify the customer about the change in the applied interest rate or any amendment to the terms & conditions of the agreement or any other notifications either in writing or by any other electronic means, like for example (e-mail, fax, SMS, etc.). The notification sent by any of the above means shall be valid and legally effective as of the sending date.
- This Agreement is governed by Laws of the State of Qatar, and the Qatari courts shall be competent to settle any dispute arising between the Bank and the Client.
- The client has approved the Arabic version of this agreement. Moreover, accept that it is the right translation for the copy in English and in case of any discrepancy between the two exists language, the Arabic language shall prevail.
- DISCLOSURE DUE TO COURT ORDER OR GOVERNMENTAL ACTION: In the event that the bank or any Representative is obligated or requested to disclose any Confidential Information as a result of a court order or by any governmental or regulatory authority, may disclose such Confidential Information to the extent required by the relevant court order or governmental or regulatory authority. The customer authorized the bank for doing so.
- The above terms and conditions are in addition to the General Terms and conditions as mentioned in the Account opening Form.
Al Dana Savings Plan Account
- Existing Doha Bank customers can open Al Dana Savings Plan by filling the additional account opening form along with the Al Dana savings Plan form.
- To open the account, customer needs to deposit minimum initial balance as per Bank’s conditions.
- It is a non-interest-bearing Savings Account with limited transactions.
- Money can be deposited electronically into Al Dana Savings Plan through online banking transfers from customer’s existing salary transfer account or other Doha Bank accounts.
- No debit card issued against the account.
- For cash withdrawal purposes, customer can only withdraw from his main Doha Bank account.
- Accountholders are eligible for the Al Dana draws subject to meeting the eligibility criteria and Al Dana Scheme Terms and conditions.
- Free of charge standing instructions can be placed for recurring monthly payments starting as low as QAR 100 from Current or Salary Transfer accounts.
- The Bank has the right to change, amend or cancel the provisions of this contract without referring to the customer.
- The customer irrevocably authorizes the bank to debit his account with all costs, charges, expenditures and expenses of any type related to the account.
- The Bank has the right at any time and without advising or notifying the customer to merge or consolidate all the available balances and existing accounts with the bank and arrange a set-off amongst the balances of such accounts to settle any dues the client may be committed to pay.
- The account statement issued by the bank shall be liable to the customer, if non-objection of the customer on the same within a period of 15 days from the date of dispatching such statement, and shall be considered as a full consent of its content by the customer, and as a final approval for the entries/ balances mentioned in the statement, and as a waiver of any objection on any entries / balances related to his accounts at the bank for any reason.
- Any notification or notice shall be delivered to the other party as per the address stated as per the existing account of the customer. The Bank have the right to dispatch the account statement and notify the customer about the change in the applied interest rate or any amendment to the terms & conditions of the agreement or any other notifications either in writing or by any other electronic means, like for example (e-mail, fax, SMS, etc.). The notification sent by any of the above means shall be valid and legally effective as of the sending date.
- This Agreement is governed by Laws of the State of Qatar, and the Qatari courts shall be competent to settle any dispute arising between the Bank and the Client.
- The client has approved the Arabic version of this agreement. Moreover, accept that it is the right translation for the copy in English and in case of any discrepancy between the two exists language, the Arabic language shall prevail.
- DISCLOSURE DUE TO COURT ORDER OR GOVERNMENTAL ACTION: In the event that the bank or any Representative is obligated or requested to disclose any Confidential Information as a result of a court order or by any governmental or regulatory authority, may disclose such Confidential Information to the extent required by the relevant court order or governmental or regulatory authority. The customer authorized the bank for doing so.
- The above terms and conditions are in addition to the General Terms and conditions as mentioned in the Account opening Form.
Al Dana Life Insurance Terms & Conditions
- A world-wide, 24/7 -Life Insurance cover for Death Due to any reason is provided to Doha Bank Al Dana account holders having valid Qatar residency under Al Dana Scheme 2021. Terms & Conditions apply.
- Customer should maintain a minimum monthly average balance of QAR 25,000 for 3 consecutive months to be enrolled to the complimentary Life Insurance cover with Al Dana Savings deposits and thereafter should maintain a minimum monthly average balance of QAR 25,000 in the account to retain the life insurance benefit.
- Life Insurance cover is 5 times of the lowest average balance maintained in the account in past 3 months prior to the death subject to a maximum insurance cover of QAR 2.5 million per customer irrespective of the number of accounts held.
- Life Insurance cover will be in Qatar Riyal (QAR) and claims will be paid in Qatar Riyal.
- Minimum age for cover under the Policy is 18th birthday and maximum age for granting cover will be 59 years and 11 months old but insurance cover will cease as soon as the account holder attains age of 60 years.
- Dormant accounts are not entitled for Life Insurance. However, upon activation accounts will be eligible from the subsequent month subject to minimum average balance is maintained in the account.
- Free Life Insurance will be effective from 1st of June 2022 till 31st March 2023. The Bank has the right, at its sole discretion, to continue, discontinue or to change the Free Life Insurance after the expiry of the campaign without notifying customers in advance.
- Legal Guardian of the Young Saver account is eligible for Life Insurance cover subject to Legal Guardian meeting the eligibility criteria and Al Dana Young Saver account maintaining the minimum average balance requirement.
- Al Dana Family Account members are entitled to enroll for Life Insurance cover subject to individual family members meeting the eligibility criteria and the individual family members maintaining minimum average balance requirement in their respective accounts.
- Only one Party from the Joint account holders will be entitled subject to meeting the eligibility criteria for Life insurance and enrolled with a signed declaration from all parties.
- Customers having multiple savings accounts, only the eligible accounts as per the insurance eligibility criteria will be included and insurance will be on aggregate balance of the eligible accounts which should not exceed QAR 2.5 million.
- Claim notification should be submitted within a maximum of 60 days from the date of occurrence. All documents relating claims to be submitted to the insurer through the bank as per requirement.
- All claims will be settled by default to the legal heirs of the account holder as per Sharia Law.
- Al Dana account customers who fail to maintain a minimum monthly average balance of Qr.25,000 or equivalent shall lose the privilege of life insurance coverage.
- Exclusions
A). Actively / Passively participating in war, invasion, act of foreign enemies, hostilities, or warlike operations (whether war be declared nor not), riots, civil war, mutiny, commotion assuming the proportions of or amounting to a popular rising, military rising, insurrection, rebellion, revolution, insurrection, conspiracy, military or usurped power or any act of any person acting on behalf of or in connection with any organization actively directed towards the overthrow by force of any Government or to the influencing of it by terrorism or violence and martial law or state of siege.
B). Any claims as a result of Nuclear weapons or devices or chemical or biological agents. - Sanction Clause – Insurer shall not be deemed to provide cover and shall not be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that insurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, France or Germany.
Al Dana Young Savers Account
Give your child a Secure Tomorrow, Act Today
Al Dana Young Saver is a gateway to give your child a secure tomorrow. Invest in Al Dana Young Saver today your child could be a millionaire tomorrow.
All you need to do is to open an account with a minimum amount of QAR 10,000 and maintain a monthly average balance and month end balance of QAR 10,000. Each QAR 1,000 saved gives your child a chance in the draw. The more you save, the more chances your child will have to win.
Your child stands a chance to win mega prize of QAR 2 Million, 4 Prizes of QAR 1 Million each and other valuable prizes.
Click here to see the Prize Calendar
Eligibility
- Father / The Legal Guardian can open an account to their children under the age of 18 years.
- Father / The Legal Guardian & child must be a valid resident of Qatar.
Documents Required
- Qatari – QID for both, Father / Legal Guardian, and Child.
- Expatiate – Passport and QID for both, Father / Legal Guardian, and Child.
Double your Chances to become a Millionaire
Are you ready to apply?
Terms and Conditions apply
Al Dana Savings Plan Account
Win Big and Win Millions!
Save with Al Dana
Al Dana Savings Plan Account, a unique variation of our Al Dana Savings Account allows you to save from your salary on monthly basis while giving you chances to win prizes in millions.
Product Features
- Salary account holders are eligible to open the Al Dana Savings Plan.
- Account can be opened with a minimum deposit of QAR 10,000.
- Free of charge standing instructions can be placed for recurring monthly payments starting as low as QAR 100 from Salary Transfer account.
- Credit card can be issued against lien.
Documents Required
You may apply for Al Dana Savings Plan Account by producing a completed additional account opening form, along with the following:
- For Qatari QID and for Expats Passport and QID
Click here to see the Prize Calendar
Double your Chances to become a Millionaire
Are you ready to apply?
Terms and Conditions apply
Al Dana Family Savings Account
Al Dana Family Savings Account, which is a unique variation of our Al Dana Savings Account designed exclusively for Qatari Nationals and their families only.
This Account allows every Qatari National and immediate family members to have their funds pooled under one savings account where they can SAVE TOGETHER & WIN AS A FAMILY!
Product Features
- Exclusively offered to Qatari Nationals and their immediate family members only.
- The primary member can add up to 10 immediate family members into the family pool.
- Immediate family members include husband, wife, son and daughter.
- Al Dana Family Savings Account can be opened with a minimum deposit of QAR 10,000.
- Each accountholder enjoys his / her personal Master Debit Card while for the minors i.e. daughters and sons, the same card can be issued with the option of placing a daily / monthly debit limits such as QAR 100 and above.
- All account holders will enjoy the Al Riyada status by maintaining a pooled balance of QAR 350,000 in the Al Dana Family Savings Account for a period of 6 months.
Click here for more information about the Al Riyada.
Documents Required
You may apply for Al Dana Family Savings Account by filling an account opening form, along with submitting the following documents:
- Valid Qatar ID
Double your Chances to become a Millionaire
Are you ready to apply?
Terms and Conditions apply
Al Dana Plus Savings Account
Get Double Benefits – High interest and chance to win millions
Maximize Your Savings and Win Big with High-Interest Al Dana Plus Savings Account!
Introducing Al Dana Plus a high-interest savings account is designed to help you grow your money faster than ever before. With highly competitive interest rates, you’ll see your savings grow with each passing month.
But that’s not all – it also offers chances to win big! Account holders have the opportunity to win millions in cash prizes just by maintaining the required balance in your account. Imagine what you could do with all that money – travel the world, pay off debt, or even retire early.
Not only you have the potential to win big, but our high-interest savings account also offers the peace of mind as withdrawals are not restricted, so that you can access to money at any time you need it, so Don’t let your savings sit idle in a low-interest account any longer. Open a high-interest savings account with us today and start growing your wealth while also having the chance to win millions in cash prizes.
The Al Dana Plus Savings account merits the following benefits
- Higher the deposit amount, Higher the interest rate and chance to enter Al Dana Draw.
- No penalties on withdrawals.
- Al Dana Plus account can be accessed with a Debit Card.
- Access and withdraw funds using any Doha Bank channel i.e. Online Banking / Mobile App / Branch / ATM.
- Interest is calculated on the minimum cleared balance on the account and will be capitalized monthly to the account.
Click here to see the Prize Calendar
Interest Rates
Currency | Minimum Monthly Balance Slabs | Rate |
---|---|---|
QAR | Below 50,000 | 0% |
50,000 to 99,999 | 1.00% | |
100,000 to 249,999 | 1.50% | |
250,000 to 499,999 | 2.00% | |
500,000 to 999,999 | 2.50% | |
1,000,000 to 2,999,999 | 3.00% | |
3,000,000 to & above | 3.25% |
Currency | Minimum Monthly Balance Slabs | Rate |
---|---|---|
USD | Below 15,000 | 0% |
15,000 to 29,999 | 1.00% | |
30,000 to 99,999 | 1.50% | |
100,000 to 274,999 | 2.00% | |
275,000 to 499,999 | 2.50% | |
500,000 to 824,999 | 3.00% | |
825,000 & above | 3.25% |
Eligibility
- Account can be opened in Qatar Riyals or US Dollars and Initial deposit to open the account is QAR 50,000 or USD 15,000
Documents Required
You may apply for Al Dana Plus Savings account by producing a completed additional account opening form, along with the following:
- For Qatari QID and for Expats Passport and QID.
Are you ready to apply?
Terms and Conditions apply
Apply Now for Al Dana Account
Note:
Doha Bank’s retail, commercial and corporate products are granted at our sole discretion and are subject to the Bank’s terms, conditions and acceptance.