Personal Loan for UAE Nationals
| Islamic Finance | No |
| Minimum Salary | AED 5,000 |
| Minimum Age | 21 years |
| Maximum Age | 65 years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | No |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | Yes |
| Employment Criteria | Full-time employment with salary transferred to ADCB |
| Minimum Loan Amount | AED 5,000.00 |
| Maximum Loan Amount | AED 3,000,000.00 |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 48 months |
| Flat Interest Rate: | 3.99% - Annual flat rate starting at 3.99%, subject to eligibility |
| Reducing Interest Rate: | N/A |
| Processing Fee: | 1.05% - 1.05% of loan amount, capped at AED 2,500 + VAT |
| Early Settlement Fee: | 1.05% - 1.05% of outstanding principal, capped at AED 10,000 + VAT |
| Late Payment Fee: | N/A - As per ADCB schedule of fees |
| Insurance Fee: | N/A - Mandatory life insurance coverage as per ADCB policy |
Required Documents
Emirates ID, valid passport, salary certificate, recent bank statements
Promotions
Flexible repayment up to 4 years, top-up option after 12 months
Additional Benefits
Free credit card, loyalty points (TouchPoints)
Features:
No interest on unpaid interest balances (principal-only interest)
General Notes
Subject to bank approval; terms and conditions apply
