Loan-AsYouGo (School Fees 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 | Loan is tied to school fee payments. |
| Minimum Loan Amount | AED N/A |
| Maximum Loan Amount | AED N/A |
| Minimum Loan Tenure | N/A months |
| Maximum Loan Tenure | N/A months |
| Flat Interest Rate: | N/A |
| Reducing Interest Rate: | N/A - Rate varies based on tenure and applicant profile. |
| Processing Fee: | N/A - Fees applicable as per HSBC’s tariff schedule. |
| Early Settlement Fee: | N/A - Early settlement fees may apply. |
| Late Payment Fee: | N/A |
| Insurance Fee: | N/A |
Required Documents
Proof of school fees, Emirates ID, bank statements.
Additional Benefits
Loan disbursed in tranches based on school terms.
Features:
Flexible payment structure for tuition fees.
General Notes
Eligibility criteria apply.
