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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.
Thank you for providing your details.RAKBANK Amal Home Finance
Amal Home Finance
Features
- Available finance for both expats and UAE nationals.
- High finance amounts.
- Finance available on most ready projects with Title Deeds
- You require a minimum salary of AED 15,000 per month to be eligible.
- The reducing rate of this finance is 3.25% and the equivalent flat rate is 1.78%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.
- The reducing rate of this finance is 3.25% and the equivalent flat rate is 1.78%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.
- It is not a requirement to transfer your salary to apply.
- Finance repayment period of up to 25 years.
- The Insurance fee is 0.035% per year of property value
- The processing fee is 1% of the loan amount
- Most ready projects in Abu Dhabi, Dubai & Ras Al Khaimah
- Expats are required to put 25% as down payment for this finance. UAE Nationals are required to put 20% as down payment for this finance.
- The early settlement fee is applied as per UAE Central Bank policy, which is 1% of the outstanding amount (principal + profit) to date, or AED 10,000, whichever is lower. The bank has the discretion to waive any or all of the total outstanding profit.
- This rate is variable and is based on EIBOR plus a margin by the bank.
- The profit rate starts from 3.25% per annum.
Benefits
- Finance amount up to 18 million with a repayment period of 25 years.
Rakbank
Get in touch with RAKBANK Customer Care