Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

0 People rated this page

ADCB Home Finance for Expats

ADCB Bank

WarningMessage This product is discontinued by the Bank

Home Finance for Expats

Minimum Salary

AED 15K

Flat Rate

1.79%

Reducing Rate

3.25%

Loan Amount

AED 15000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

25%

Repayments Up To

25 Years

Advantages

  • Salary transfer is not required
  • Free cheque book
  • Touchpoints are offered
minimum salary

AED 15K

Minimum Salary

flat rate

1.79%

Flat Rate

reducing rate

3.25%

Reducing Rate

max finance

AED 15000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

25%

Down Payment

repayment

25 Years

Repayments Up To

Advantages

  • Salary transfer is not required
  • Free cheque book
  • Touchpoints are offered

Features

  • Finance is offered for ready and under construction properties.
  • Minimum salary of AED 15,000 is required
  • The loan is provided for an interest rate of 3.25%
  • The reduction rate and the flat rate is 3.25% and 1.78%. This denotes that the computation done was a division of the reduction rate by 1.825.
  • Salary transfer is not required
  • Finance up to AED 15,000,000
  • A processing fee of 1% is charged to the home loan applicant.
  • For your first property, the down payment is 25% if the property value is under AED 5M and 35% if property value is above AED 5M. For your second property, the down payment is 40%.
  • The early settlement fee is 1% of the outstanding amount to date

Benefits

  • With ADCB you get awarded 200 Touchpoints for every AED 1,000 of the loan amount, up to a maximum of 500,000 Touchpoints
  • Free e-Statement
  • Experienced and dedicated relationship manager to guide you through the entire application process
  • Free Phone banking and Internet Banking services will be available
  • Make higher monthly deposits to reduce interest rates and loan tenure
  • Finance repayment period of up to 25 years
  • No salary transfer is required
  • Free Cheque Book will be delivered to your doorstep
  • Approval of loans are quick
  • Early settlement fee of 0% is an added benefit
  • Finance up to 80% of the property value

ADCB

Abu Dhabi Commercial Bank (ADCB), features in the Forbes list of top 1000 biggest public companies. It provides retail, commercial, Islamic banking and other financial services to people. Founded in 1985 and headquartered in Abu Dhabi, UAE, the bank operates on five strategic pillars:

  • UAE-centric approach with controlled internationalization
  • Sustainability through growth of liabilities
  • Culture of efficiency and service excellence
  • Follow a pre-defined risk strategy
  • Focuses on staff

ADCB offers three categories of services:

  • Aspire
  • Privilege Club
  • Excellency

The services and charges vary depending on the category in which you choose to bank with them.

   Get in touch with ADCB Customer Care