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Loan amount up to AED 300,000 for professionals such as doctors, accountants, engineers and architects
Major Advantage: Finance for self-employed professional
Points to Consider: Minimum 1-year length of business required
Major Feature: Tailor made for loan for Self Employed Professionals such as doctors, accountants, engineers and architects, loan amount of up to AED 300,000
Minimum Requirement:
Reducing Rate (as advertised): 18.99% p.a. (Rate can vary as per customer profile)
Flat Rate: 10.87% p.a.
Processing Fees: 1% of the finance amount (Min AED 500; Max AED 2,500)
Maximum Finance Amount: AED 300,000
Islamic Finance: No
Maximum Term: 48 Months
Salary Transfer: Not Required
Early Settlement Fees: 1% of outstanding amount
Insurance: 1.50% (It comes with double credit life coverage)
Holiday Period: Yes, deferment options available
Salaried/Self Employed: Only self-employed professionals like doctors, architects, chartered accountants, and engineers can apply
Minimum Salary: 7,000 AED
Reducing Rate 4.99%
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