Top-up Loan for Existing Customers
| 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 | Yes |
| Employment Criteria | Existing Mashreq personal loan customers with a good credit history. |
| Minimum Loan Amount | AED 50,000.00 |
| Maximum Loan Amount | AED 500,000.00 |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 60 months |
| Flat Interest Rate: | 7.99% - Competitive fixed interest rate for top-up loans. |
| Reducing Interest Rate: | 7.99% - Reducing balance rate applicable for the extended tenure. |
| Processing Fee: | 1.00% - Processing fee as per Mashreq’s standard terms. |
| Early Settlement Fee: | 1.00% - Early settlement fee on the outstanding balance. |
| Late Payment Fee: | N/A |
| Insurance Fee: | N/A |
Required Documents
Existing loan statement, Emirates ID, salary certificate, and bank statements.
Additional Benefits
Extend your existing borrowing limit quickly and easily.
Features:
Seamless top-up process for existing customers; competitive rates; minimal documentation.
General Notes
Offer subject to eligibility, credit assessment, and Mashreq’s terms and conditions.
