Main Benefits & Features:

  • Salary Transfer Required
  • Pre-Approved Rewards Credit Card (optional)
  • Current Account with overdraft facility (optional)
  • Maximum loan amount of up to AED 1,000,000 for salaried individuals (for Healthcare Professional up to AED 500,000 )
  • Minimum Tenure 6 months to maximum up to 48 months
  • Insurance coverage for some unforeseen situation
  • Simple documentation & quick processing
  • 24x7 customer support & other phone banking services

 

Eligibility:

  • Minimum Age – 21 years
  • Maximum Age – 65 years (UAE National), 60 years (Expatriate)
  • Minimum Salary AED 8000

Rates & Charges:

  • Interest: Flat
  • Effective Rate: 6%
  • Arrangement Fee : 1%

Required Documents:

  • Duly filled & signed application form
  • Copy of Passport
  • Copy of Emirates ID/UAE resident ID
  • Copy of Visa (For Expatriates only)
  • Salary Certificate (Original)
  • Salary Transfer Letter
  • 3/6 months bank statement