Travel 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 | Full-time employment with salary transfer to Al Hilal Bank |
| Minimum Loan Amount | AED 5,000.00 |
| Maximum Loan Amount | AED 100,000.00 |
| Minimum Loan Tenure | 6 months |
| Maximum Loan Tenure | 24 months |
| Flat Interest Rate: | N/A |
| Reducing Interest Rate: | 4.25% - Profit rate tailored for short-term travel expenses |
| Processing Fee: | 1.00% - Applied on total travel cost financed |
| Early Settlement Fee: | 1.00% - On outstanding principal if repaid before final installment |
| Late Payment Fee: | 0.00% - Handled as charitable donation if payment is missed |
| Insurance Fee: | N/A - Travel Takaful coverage may be included for certain packages |
Required Documents
Emirates ID, travel itinerary/quotes, salary certificate
Promotions
Occasional tie-ups with travel agencies for discounted rates
Additional Benefits
Flexible installments over shorter durations to match travel plans
Features:
Covers flight, hotel, and leisure expenses in a Sharia-compliant way
General Notes
Approval based on creditworthiness and bank’s internal policy
