Salary Advance Facility
| Islamic Finance | Yes |
| Minimum Salary | AED 5,000 |
| Minimum Age | 21 years |
| Maximum Age | 65 years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | Yes |
| Employment Criteria | Applicant must be in good standing with regular salary credits to Ajman Bank |
| Minimum Loan Amount | AED 1,000.00 |
| Maximum Loan Amount | AED 30,000.00 |
| Minimum Loan Tenure | 1 months |
| Maximum Loan Tenure | 3 months |
| Flat Interest Rate: | N/A |
| Reducing Interest Rate: | 4.50% - Short-term profit rate for bridging cash flow needs |
| Processing Fee: | 0.50% - Minimal fee for quick disbursement |
| Early Settlement Fee: | 1.00% - Applies if settling before next salary credit cycle |
| Late Payment Fee: | 0.00% - Missed payment triggers donation process, not a penalty |
| Insurance Fee: | N/A - Optional Takaful coverage for short-term finance |
Required Documents
Emirates ID, salary slips, internal account details with Ajman Bank
Promotions
Occasional zero-fee promotions for existing payroll customers
Additional Benefits
Instant access to funds in emergency situations
Features:
Automated deduction from next credited salary
General Notes
Ideal for bridging short-term expenses; final approval based on bank policy
