aseel Bank
Values:
Having strong Islamic beliefs and relationships, Aseel Finance provides trustworthy and transparent services to the customers by taking the time to understand the needs of customers.
Services:
Services provided by Aseel Finance include
  • Corporate services like real estate, term finance, trade finance, term deposits.
  • Personal services which include mortgage finance.
  • Banca which includes lifestyle takaful and motor takaful.

Aseel

CEO:
Chairman:
Vice Chairman:
  • Aseel Finance was founded in 2006 in UAE and has acquired its own marketplace in the UAE
  • It has branches in Dubai, Abu Dhabi, Al Ain, Sharjah.

Business Loan Provided by Aseel

Business Finance

flat rate

Flat Rate

11.58%

reducing rate

Reducing Rate

21%

minimum amount

Min Finance Amount

100K

maximum amount

Max Finance Amount

2500K

annual turnover

Min Annual Turnover

900K

tenure

Tenure

60 Years

approval time

Approval Time

2 Days

processing fee

Processing Fee

2%

flat rate

11.58%

Flat Rate

reducing rate

21%

Reducing Rate

minimum amount

100K

Min Finance Amount

maximum amount

2500K

Max Finance Amount

annual turnover

900K

Min Annual Turnover

tenure

60 Years

Tenure

approval time

2 Days

Approval Time

processing fee

2%

Processing Fee

Features

  • The reduction rate and the flat rate is 21% and 11.58%. This denotes that the computation done was a division of the reduction rate by 1.813
  • Provides maximum finance amount of up to AED 2,500,000
  • Processing fee is 2% of the loan amount
  • Repayment period is up to 60 months
  • Provides minimum finance amount of up to AED 100,000
  • Minimum annual sales turnover of AED 900,000 is needed to apply for this finance
  • After successful submission of documents, within next 2 working days the bank will approve the loan

Benefits

  • Finance amount is high
    Long and flexible repayment period is provided by bank
    Along with this scheme free Keyman Takaful protection is provided
    Documentation process is simple and easy