Last Updated on 07 February 2019

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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Gulf Finance Business Deposits

Gulf Finance Bank

Business Deposits

Interest Rate

4.6%

Min Balance to Maintain

AED 500K

Monthly Fee

AED 0

Relationship Manager

Yes

No

Approval Time

2 Days

Gulf Finance
interest rate

4.6%

Interest Rate

min balance

AED 500K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

relationship manager

Yes

Relationship Manager

No

Currency Account

approval time

2 Days

Approval Time

 

Required Documents

  • Application form
  • Trade Licence
  • Valid passport and Copy of Visa
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Chamber of Commerce Certificate copy
  • Board Resolutions
  • Address proof

Main Benefits

  • Higher returns than regular bank deposits
  • Flexible tenures from six months onwards
  • Option to automatically roll-over on maturity

Frequently Asked Questions

⭐ How can I stop a cheque in Gulf Finance preferred current account?

A. If you need to stop a cheque contact Gulf Finance on +971 6 5753533.

⭐ How does the bank decide the tenure for your loan application?

A. Gulf Finance decides the tenure for your application on the basis of your debt ratio and monthly income.

⭐ Does Gulf Finance report my credit history to the business credit bureau?

A. Yes, Gulf Finance reports all your credit details to the business credit bureau.

⭐ Can a startup company with no credit history qualify for business loan in Gulf Finance?

A.Yes, if it has creditworthy customers and employees.

⭐ What all industries are eligible for business finance in Gulf Finance?

A. Any for-profit business is eligible for business finance in Gulf Finance.

Gulf Finance

Gulf Finance is a wholly owned subsidiary of SHUAA Capital psc. , the leading integrated financial services Group. Since its inception in 1997, Gulf Finance has been providing financing solutions to UAE-based SMEs, via a broad range of flexible financing solutions such as Small Business Loans, Business Vehicle Finance, Trade and Working Capital Finance, Business Deposits and Commercial Finance products.

Their values:

  • People first.
  • Continuously deliver.
  • Work smart.

   Get in touch with Gulf Finance Customer Care

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