Dubai Islamic Bank (DIB) provides quick and innovative solutions for unforeseen financial requirements. DIB gives credit in minutes. The salary-in-advance product is provided to salary account holders.

How does it work?

DIB Salary in advance is a temporary salary advance facility that is provided up to ninety percent of the total month’s net salary. The amount can be drawn at any ATM, it can also be received through cheque from DIB bank branches. 

The facility of amount withdrawal is available every month, the condition is that repayment of the amount should be made by the end of each month.

Eligibility Conditions

All Salaried employees who are receiving their salary in Dubai Islamic Bank are eligible for this product. All Eligible customers can apply for the Al Islami Salary-in-Advance facility.

Check Dubai Islamic Bank Products and Services

Age limit for Salary-in advance

  • Minimum Age at entry: 21 years
  • Maximum age at entry: 64 years
  • Maximum coverage age: 65 years

How to Apply?

You can apply for Salary-in-advance product through the following ways

  • Log-in to Al Islami Online Banking and apply
  • You can use any Express Banking Terminal
  • SMS “SIA” to 4222. This facility is only available to Al Islami SMS Banking registered customers.
  • Through Al Islami Phone banking
  • You can apply through DIB ATM 
  • You can visit DIB branch and apply

DIB Salary in Advance fee details for Customer Services and Electronic Banking Services

When is the Salary-in Advance amount credited?

The applications for Al Islami Salary-in-Advance are approved quickly and funds are credited to account. 

If you have an urgent need for cash or you are in an emergency, apply for Al Islami Salary in Advance.  

There is no paperwork for getting the amount, its a free Takaful cover equivalent to the loan amount (subject to the maximum amount of AED 13,500 in event of death or permanent total disability due to any reason) finance is granted according to the Qard Hasan basis and this is subject to terms and conditions. 

Click here to know about DIB Personal Loan in UAE

How Claims are settled in unforeseen events?

In the event of death due to any reason arising out of a cause which is not specifically excluded under this plan after the commencement date and during the cover period. 

The company shall indemnify the policyholder the actual salary advance taken subject to a maximum of AED 13,500 in accordance with the terms and conditions of the plan.

In the event of Permanent Total Disablement (PTD) of the insured person due to any reason arising out of a cause not excluded under this plan after the commencement date and during the cover period the company shall indemnify the policy-holder the actual salary advance taken subject to a maximum of AED 13,500 in accordance with terms and conditions of the plan.

For more details please read policy documents and terms and conditions.

Termination of Benefits

The benefits of this plan that are covered shall get terminated upon the happening of the event from the following one or more events.

  • Closure of the salaried account
  • The covered person has attained maximum age specified in the plan
  • Claim Payment made in the event of death or total disability claim
  • Cancellation of the benefits under this plan by the bank at any time in accordance with terms and conditions.
  • If your plan expires as per the schedule and if it is not renewed by the bank.

Take away

Salary in advance is a very good option provided by Dubai Islamic Bank. This service is available 24/7, it is more fast and convenient to apply, there is no paperwork, the salary advance amount gets directly credited to your account. It is available for all DIB Salary account holders and the best part is you can get up to AED 13,500 as Salary in advance.

Before you apply read the offer documents, terms and conditions and enjoy the benefits of Salary in advance given by Dubai Islamic Bank.  

Meet the author
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Vinay Kumar Goguru is a finance professional with more than 8 years of diverse experience as a researcher, instructor and Industry work experience with both public and private entities. Prior to MyMoneySouq, he spent 6 years in Berkadia, It's a commercial mortgage banking company. He has a "Doctoral Degree in Commerce" and two master's degrees with a specialization in Finance, one as Master of Commerce and other as Master of Business Administration. He has written several articles on personal finance, published by different International journals. He loves traveling, reading and writing is his passion. He has a dream of writing a book on his favorite finance topics.

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Vinay Kumar
Vinay Kumar Goguru is a finance professional with more than 8 years of diverse experience as a researcher, instructor and Industry work experience with both public and private entities. Prior to MyMoneySouq, he spent 6 years in Berkadia, It's a commercial mortgage banking company. He has a "Doctoral Degree in Commerce" and two master's degrees with a specialization in Finance, one as Master of Commerce and other as Master of Business Administration. He has written several articles on personal finance, published by different International journals. He loves traveling, reading and writing is his passion. He has a dream of writing a book on his favorite finance topics.

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