Emirates Islamic Bank Personal Loan
Islamic Finance:Yes
Minimum
Salary:AED 5,000
Salary
Transfer:No
Maximum
Term:4 years
Introductory
Offers:No
Flat Rate:4.70%
Reducing
Rate:8.46%
Features: Free Credit Card, Islamic Finance
Emirates Islamic Bank Personal Loan Features
·
Financing available to salaried and self employed customers
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Very competitive profit rates
·
Financing up to 3 million for UAE Nationals and 1 million for
Expatriates.
·
Approvals in 24 hours
·
Preapproved credit card and 100% discount on first year's annual
fees
·
Nominal processing fees
·
Exclusive policy terms on buyout loans/finances
·
Certificate of Takaful / Insurance Cover
Emirates Islamic Bank Personal Loan Eligibility
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Minimum monthly salary of AED 5,000
·
Length of service - Minimum one month/first salary credit into
Emirates Islamic account
·
Minimum age of 21 years
·
Maximum age of 65 for UAE Nationals and 60 for Expatriates at
the time of maturity
Emirates Islamic Bank Personal Loan Document Required
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Completed application form
·
Copy of valid passport with valid UAE residence visa for
expatriates (original required for verification)
·
Last three months bank statements
·
Salary transfer letter / salary certificate (for salaried
customers only)
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Account opening forms for shares trading
·
Liability letter (for buyout cases only)
·
Trade license (for self employed customers)
Emirates Islamic Bank Personal Loan More Info