Cash Personal Finance
| 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 | At least 6 months in current job, monthly salary transferred to Al Hilal Bank |
| Minimum Loan Amount | AED 5,000.00 |
| Maximum Loan Amount | AED 1,000,000.00 |
| Minimum Loan Tenure | 6 months |
| Maximum Loan Tenure | 48 months |
| Flat Interest Rate: | N/A |
| Reducing Interest Rate: | 3.99% - Profit rate for personal cash needs, varies by salary profile |
| Processing Fee: | 1.00% - Charged on financed amount, subject to a maximum limit |
| Early Settlement Fee: | 1.00% - Calculated on outstanding principal if closed early |
| Late Payment Fee: | 0.00% - No penalty to bank; donation element under Sharia guidelines |
| Insurance Fee: | N/A - Takaful coverage as per bank’s terms |
Required Documents
Emirates ID, valid passport/visa, salary certificate, bank statements
Promotions
Periodic campaigns with reduced processing fees
Additional Benefits
Fast approval and flexible usage of funds
Features:
Fully Sharia-compliant structure for personal cash requirements
General Notes
Subject to bank’s credit policy and final approval
