More Details on Personal Loan

7-day Loan Return Option
Customers who are not satisfied after the personal loan is disbursed have the option to return the loan for free with a waiver of all the fees and charges accrued.

Following are the conditions:

1. Customer must notify the sales agent/bank within 7 calendar days.
2. The loan proceeds credited in the customer's account will be available and not withdrawn from the account from disbursal date until loan return date.
3. The loan amount credited in the customer's accounts will be available and offer will be valid only for fresh cases , without liability settlements (Not applicable on Top Up and take Over loans)

Features

1. High loan amount up to AED 300,000
2. Easy repayment options
3. No collateral or guarantor required
4. 100% cash without an end-use declaration

Documents Required

1. Valid Passport Copy with valid Resident Visa page
2. UAE Nationals: Ibara page of UAE Nationals
3. Original Emirates ID and Emirates ID copy
4. Proof of Residency or Utility Bill
5. Updated Security Cheque
6. Credit Card Statements (Where applicable)

Eligibility

1. Applicable to both UAE Nationals and Expatriates
2. Minimum 6 months average balance: AED 25,000
3. Minimum Length of Business: 2 years
4. Maximum Tenor: 4 years