More Details on Personal Loan

1. High loan amount.
2. It is a requirement to transfer your salary to apply.

Main Benefits

1. Maximum loan amount up to 20 times of monthly gross salary
2. Free Insurance for full tenor
3. Quick approvals
4. A free Al Khaliji World MasterCard Credit Card
5. Free interest paying current account.

Overview of features

1. Loan repayment period is up to 48 months.
2. You require a minimum salary of AED 25,000 per month to be eligible.
3. It is a requirement to transfer your salary to apply.
4. The processing fee is 1% of the loan amount [Min AED 500; Max AED 2,500].
5. The early settlement fee is 1% of outstanding principal.
6. The rate is calculated on a reducing basis and starts from 8.99% per annum.
7. The reducing rate of this finance is 8.99% and the equivalent flat rate is 4.81%. The calculation used is a division of the reducing rate by 1.87 and this is indicative only.

* This product is subject to eligibility conditions and may not be available for all applicants. Eligibility conditions are set by the service provider and may be subject to change.