Salary Transfer Personal Loan
| Islamic Finance | No |
| Minimum Salary | AED N/A |
| Minimum Age | 21 years |
| Maximum Age | 65 years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | Yes |
| Employment Criteria | Customer must transfer their salary to an SNB UAE account. |
| 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 - Interest rate varies based on salary and tenure. |
| Processing Fee: | N/A - Processing fees apply as per SNB's tariff schedule. |
| Early Settlement Fee: | N/A - Early settlement charges as per SNB policies. |
| Late Payment Fee: | N/A - Late payment fees apply as per SNB's terms. |
| Insurance Fee: | N/A |
Required Documents
Salary transfer letter, Emirates ID, bank statements, loan application form.
Additional Benefits
Higher loan amounts with salary transfer.
Features:
Lower interest rates for salary transfer customers.
General Notes
Loan approval subject to salary transfer confirmation.
