Scholar Plus Education Loan
| Islamic Finance | No |
| Minimum Salary | AED N/A |
| Minimum Age | N/A years |
| Maximum Age | N/A years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | No |
| Employment Criteria | Designed for executives and students pursuing higher education. |
| Minimum Loan Amount | AED N/A |
| Maximum Loan Amount | AED N/A |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 60 months |
| Flat Interest Rate: | N/A - Interest rate details vary; competitive rates based on credit assessment. |
| Reducing Interest Rate: | N/A |
| Processing Fee: | 1.05% - Processing fee is standard at 1.05%. |
| Early Settlement Fee: | N/A |
| Late Payment Fee: | N/A |
| Insurance Fee: | N/A |
Required Documents
Academic certificates, Emirates ID, salary certificate, admission letter.
Additional Benefits
Facilitates access to higher education funding without collateral.
Features:
Flexible repayment terms; tailored for executives and students.
General Notes
Offer subject to eligibility, credit assessment, and terms and conditions.
