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ADCB Mortgage Loan for Self Employed UAE Nationals

ADCB Bank

WarningMessage This product is discontinued by the Bank

Mortgage Loan for Self Employed UAE Nationals

Minimum Salary

AED 10K

Flat Rate

2.89%

Reducing Rate

5.25%

Loan Amount

AED 10000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

30%

Repayments Up To

25 Years

minimum salary

AED 10K

Minimum Salary

flat rate

2.89%

Flat Rate

reducing rate

5.25%

Reducing Rate

max finance

AED 10000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

30%

Down Payment

repayment

25 Years

Repayments Up To

 

Features

  • Finance is offered for ready and under construction properties
  • Minimum age of 21 years is required
  • Minimum salary of AED 10,000 is required
  • The mortgage loan is provided at an interest rate of 5.25%
  • The reduction rate and the flat rate is 5.25% and 2.89%. This denotes that the computation done was a division of the reduction rate by 1.816.
  • Finance up to AED 10,000,000
  • The processing fee is charged 1% to the home loan applicant
  • Required to put 30% down payment for this finance
  • 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
  • Preferential and flexible terms for UAE Nationals

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