Min. Salary 

AED 8000

Loan Amount 

Upto 1.25 Million

ROI Starts @

6.25%

Main Benefits & Features:

  • Salary Transfer required
  • Pre-approval in 30 minutes
  • Maximum loan amount of up to AED 1.25 million (For Expatriates) & up to AED 2 million (For UAE Nationals)
  • Takaful coverage (For UAE Nationals)
  • Attractive loan options suitable for diverse needs
  • Free for life Credit Card
  • Benefit of special exchange rates & remittance fee waiver
  • Minimum Tenure 6 months to maximum up to 48 months

Eligibility:

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

Rates & Charges:

  • Interest: Reducing
  • Effective Rate: 6.25%
  • Arrangement Fee : 1%
  • Early Settlement 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)
  • 3/6 months bank statement
  • Salary Certificate
  • Salary Transfer Letter
  • Additional documents, as per the bank’s procedural requirements