Main Benefits & Features:

  • Salary Transfer required
  • Get Loan up to AED 1,250,000 (max 20 multiples of salary)
  • Minimum Tenure 12 months to maximum up to 48 months (or up to 60 months for Armed Forces)
  • Available for salaried as well as self-employed individuals
  • Quick & easy process ensuring fast disbursal
  • Top-up loan available after one year
  • Free for Life Credit Card

Eligibility:

  • Minimum Age – 21 years
  • Maximum Age – 65 years (UAE National), 60 years (Expatriate)
  • Minimum Salary AED 3,000

Rates & Charges:

  • Interest: Reducing
  • Effective Rate: 5.99%
  • 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
  • Copy of Trade License (For Self-employed)