| Islamic Finance | No |
| Minimum Salary | AED 3,000 |
| Minimum Age | 21 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 | Must be employed with a minimum salary; standard documentation required. |
| Minimum Loan Amount | AED 5,000.00 |
| Maximum Loan Amount | AED 200,000.00 |
| Minimum Loan Tenure | 6 months |
| Maximum Loan Tenure | 36 months |
| Flat Interest Rate: | N/A - Fixed interest rate with flexible repayment options. |
| Reducing Interest Rate: | N/A |
| Processing Fee: | 1.00% - 1% of loan amount, subject to a minimum of AED 500 and maximum of AED 2500. |
| Early Settlement Fee: | 1.00% - 1% of outstanding loan amount (max AED 10,000). |
| Late Payment Fee: | 200.00% - AED 200 for each late payment. |
| Insurance Fee: | N/A - Life insurance fee calculated as 0.01902% x loan tenure (months) x loan amount. |
Required Documents
Emirates ID, salary certificate, bank statements, and employment confirmation.
Promotions
Quick approval process highlighted.
Additional Benefits
Fast disbursal and straightforward repayment options.
Features:
Designed for urgent cash requirements with a simplified application process.
General Notes
Subject to standard eligibility and documentation; processing time within 7 business days.
