Provider profile
Mashreq
Raqma's read on Mashreq
Raqma's read on Summarised from catalogue fields — not a paid placement.
- Products tracked
- 3 across 2 categories (Business accounts, SME financing)
- Licence status
- UAE Central Bank — licensed
- Public rating
- Trustpilot: 1.8/5 · 784 reviews — snapshot 2026-10-15 (source)
- Lowest monthly fee
- AED 0 — Mashreq NeoBiz Prime
- Fastest stated approval
- 3–5 days — Mashreq NeoBiz Lite
- Free-zone acceptance
- 2 of 3 products accept free-zone licences
- Remote onboarding
- 2 of 3 products onboard without a branch visit
- Last reviewed
In short: Mashreq has one of the broader catalogues we track in the UAE business accounts and sme financing space, with published fees from AED 0/mo and stated approvals from 3–5 days. Licensing on record: UAE Central Bank — licensed.
Is Mashreq right for you?
Fit read from catalogue fields — not a recommendation, confirm terms with the provider.
- UAE SMEs
- Strong fit 3 products tracked across 2 categories
- E-commerce merchants
- Limited No payment-gateway products tracked
- Free-zone companies
- Strong fit 2 of 3 products accept free-zone licences
- Import-export businesses
- Limited No cross-border products tracked
- Startups needing corporate banking
- Strong fit approvals from 3–5 days · 2 of 3 onboard remotely
Strengths and watch-outs
Aggregated across the tracked Mashreq catalogue — exact terms are on each product page.
Where Mashreq stands out
- AED 200 monthly fee
- No minimum balance
- Stated approval from 3 days
- Accepts free-zone licences
- No monthly fee
Licensing
- UAE Central Bank — licensed
Verified answers
Mashreq NeoBiz Lite
How much does Mashreq NeoBiz Lite cost?
NeoBiz Lite costs AED 200 per month. NeoBiz Prime carries no monthly fee when the monthly average balance is at least AED 50,000.
Source: mashreq.com · verified
Who is Mashreq NeoBiz for?
NeoBiz targets non-POA companies with annual turnover up to AED 10 million, with online and mobile banking, a free-for-life debit card and a business cheque book.
Source: mashreq.com · verified
Which currencies does NeoBiz support?
All major currencies are supported, including AED, EUR, CAD, USD, GBP, AUD, NZD, JPY and SAR.
Source: mashreq.com · verified
Mashreq NeoBiz Prime
How much does Mashreq NeoBiz Prime cost?
NeoBiz Prime has no monthly fee when the monthly average balance is at least AED 50,000; below that a monthly charge applies per the schedule of charges.
Source: mashreq.com · verified
Facts & sources
Every fact we publish links back to the page it was verified on. Product-level terms (fees, limits, eligibility) are on each product page.
- Mashreq NeoBiz Lite — verified
- mashreq.com
- Mashreq NeoBiz Prime — verified
- mashreq.com
Frequently asked questions
Is Mashreq licensed in the UAE?
Yes — our catalogue records Mashreq as holding UAE Central Bank — licensed. Always confirm the current licence scope on the regulator’s register before applying.
What Mashreq products can I compare here?
We track 3 Mashreq products: Mashreq NeoBiz Lite, Mashreq Small Business Loan, Mashreq NeoBiz Prime. Each entry shows the published fees, requirements and approval details.
How do I apply for Mashreq?
Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to Mashreq’s own onboarding through the outbound links.