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Al Khaliji France Home Finance

Al Khaliji France Bank

Home Finance

Minimum Salary

AED 25K

Flat Rate

2.58%

Reducing Rate

4.5%

Loan Amount

AED 10000K

Early Settlement Fee

1%

Arrangement Fee

1%

Down Payment

20%

Repayments Up To

20 Years

Advantages

  • Free mastercard credit card
  • 5% cashback on the credit card
  • Upgrade to premium banking
minimum salary

AED 25K

Minimum Salary

flat rate

2.58%

Flat Rate

reducing rate

4.5%

Reducing Rate

max finance

AED 10000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

down payment

20%

Down Payment

repayment

20 Years

Repayments Up To

Advantages

  • Free mastercard credit card
  • 5% cashback on the credit card
  • Upgrade to premium banking

 

Features

  • This follows shariah principles
  • Both UAE Nationals and Expats are eligible
  • Minimum salary of AED 25000 is required
  • Mortgage Finance is provided at a fixed interest rate of 2.58%
  • Mortgage Finance is provided at a reducing interest rate of 4.5%
  • Maximum loan amount provided is AED 10000000
  • Property and Life insurance is mandatory
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 20% of the property value should be paid as the down payment
  • 1% of outstanding loan amount is charged on early settlement of the loan

Benefits

  • Provides customized solutions according to the needs of a customer
  • Upgrade to premium banking
  • Provides life and property insurance at competitive rates
  • Complimentary World Mastercard Credit Card
  • Can get 5% cashback on the usage of the free credit card
  • Competitive interest rates

Frequently Asked Questions

⭐ What is the age limit for Al Khaliji Mortgage Finance?

A. To be eligible for Al Khaliji Mortgage Finance the applicant must be 21-65 yrs.

⭐ What are the additional benefits provided?

A. The applicant gets a free World Mastercard Credit Card on approval of the loan.

⭐ How much cash back is provided on the free credit card?

A. 5% cashback is provided on the free credit card.

⭐ Does the credit card provide any other extra benefits?

A. Apart from 5% cashback, the credit card provides free access to airport lounges in the Middle East.

⭐ What are the required documents?

A. The mandatory documents required for Al Khaliji Mortgage loan are Emirates ID, Passport, Salary Certificate(salaried individuals), latest bank statements, trade license (self-employed).

⭐ Are self-employed individuals eligible?

A. Yes, self-employed individuals are eligible.

⭐ What is the minimum salary required to be eligible for Al Khaliji Mortgage?

A. The minimum salary required to be eligible for Al Khaliji Mortgage is AED 25,000.

⭐ Is this based on Islamic principles?

A. Yes, Al Khaliji Mortgage finance follows Islamic principles.

Al Khaliji France

The Al Khaliji Bank is a progressive bank headquartered in Doha, Qatar. Al Khaliji France is a subsidiary of the bank in Paris which has branches in UAE. The Al Khaliji bank offers all conventional banking products and services to premium, business, corporate, local as well as international customers in Qatar, UAE and France.

Corporate Values of the Al Khaliji Bank:

  • United
  • Reliable
  • Committed
  • Excellence

Values:
As the main aim of Al Khaliji is to develop next-generation banking, its staff always try to give the best by being united, reliable and committed to the stakeholders
Services:
Services provided by Al Khaliji include
Private banking offering solutions to finance, investment and wealth management
Corporate banking that involves short-term loans, overdrafts, long-term loans, cash management
Treasury including funding and liquidity, investment etc.,

   Get in touch with Al Khaliji France Customer Care