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.

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CBI Ready Money

CBI Bank

Ready Money

Minimum Salary

AED 15K

Flat Rate

1.65%

Reducing Rate

3%

Early Settlement Fee

1%

Arrangement Fee

1%

minimum salary

AED 15K

Minimum Salary

flat rate

1.65%

Flat Rate

reducing rate

3%

Reducing Rate

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

View details on bank page

Features

  • The loan is provided for a variable interest rates starting from 6.75% to 9.75%
  • Minimum salary of AED 15,000 is required
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Loan approval is fast
  • It is mandatory to transfer your salary to apply for this loan

Frequently Asked Questions

⭐ What is the minimum income required per month to avail a ready money service from CBI?

A. Minimum income required to avail a ready money service in CBI is AED 15,000.

⭐ Is salary transfer to CBI Bank mandatory?

A. Yes, salary transfer is mandatory in CBI Bank .

⭐ What is the maximum term for the CBI ready money service??

A. The maximum term for the loan is 48 months.

⭐ Are self employed individuals eligible for the loan?

A. Yes, self employed individuals with valid documents are eligible for getting a loan.

CBI

Since its incorporation in the UAE in 1991, CBI is consistently focused on giving simple and easy-to-understand products. It is inspired by a vision of building long-term relationships. The bank offers a comprehensive portfolio of standard banking products, as well as customized financial products for Corporate, SME as part of Retail Banking. Their tailor-made services range from a personal account to financing of homes and automobiles to commercial loans and project financing. The bank work on the values of:

  • Speed
  • Customer Focus
  • Confidence
  • Communication
  • Teamwork

   Get in touch with CBI Customer Care

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