Personal Loan for UAE Nationals
| Islamic Finance | No |
| Minimum Salary | AED N/A |
| Minimum Age | N/A years |
| Maximum Age | N/A years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | No |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | No |
| Employment Criteria | UAE Nationals with steady employment income. |
| Minimum Loan Amount | AED 50,000.00 |
| Maximum Loan Amount | AED 2,000,000.00 |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 60 months |
| Flat Interest Rate: | 4.99% - Competitive fixed interest rate for UAE Nationals. |
| Reducing Interest Rate: | 4.75% - Reducing balance rate applicable, subject to credit assessment. |
| Processing Fee: | 1.00% - Processing fee of 1% of the loan amount. |
| Early Settlement Fee: | 1.00% - Early settlement fee of 1% on outstanding balance. |
| Late Payment Fee: | N/A |
| Insurance Fee: | N/A |
Required Documents
Emirates ID, salary certificate, bank statements, residency proof.
Additional Benefits
Lower interest rates and flexible tenure for UAE Nationals.
Features:
No salary transfer required; competitive rates; flexible repayment options.
General Notes
Offer subject to credit assessment and terms and conditions.
