Check Eligibility for ADNIF
Personal Loan

You are eligible to apply for a ADNIF
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 7000 required to apply for a ADNIF Personal Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

ADNIF Personal Loan Calculator

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.

MyMoneySouq Page Rating

1 People rated this page

mashreq%20collection

ADNIF Personal Loans in UAE

Check Eligibility for ADNIF Personal Loan

You are eligible to apply for a ADNIF
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 7000 required to apply for a ADNIF Personal Loan .

Click here to check loans from other banks.

ADNIF Personal Loan Calculator

ADNIF Personal Loan Details
Arrangement Fees 1.05% of the approved loan amount
Early Settlement Fees 1.05% of the outstanding amount
Maximum Loan Amount AED 2000K
Interest Rates Flat rate: 2.64% | Reducing rate: 4.99%
Minimum Salary AED 10000
Age 21 - 60 years(Expats) & 65 years(UAE Nationals)
Tenure 48 months

Features of ADNIF Personal Loan

  • High finance amounts
  • Competitive profit rates
  • Flexible repayment periods up to 48 months

Eligibility Criteria of ADNIF Personal Loan

  • Available for UAE Nationals and residents
  • Minimum repayment tenor of 12 months
  • Minimum age 21 and maximum age 65 for UAE Nationals and 60 for non-UAE Nationals

Documents Required of ADNIF Personal Loan

  • Completed & signed personal finance application form
  • Salary certificate (issued within the last 30 days)
  • Salary transfer letter from employer
  • Bank statement for the last 3-6 months for non-salary transfer customers
  • Valid Emirates ID, passport and residence Visa for non-UAE Nationals
  • Any other documents deemed necessary

ADNIF Personal Loan Interest rates

ADNIF Bank

1 ADNIF Bank Personal Loans

Personal Finance

Minimum Salary

AED 7K

Flat Rate

3.29%

Reducing Rate

6.2%

Loan Amount

AED 5000K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

minimum salary

AED 7K

Minimum Salary

flat rate

3.29%

Flat Rate

reducing rate

6.2%

Reducing Rate

loan amount

AED 5000K

Loan Amount

early settlement fee

1.05%

Early Settlement Fee

arrangement fee

1.05%

Arrangement Fee

Features

  • UAE Nationals of age 21 to 65 can apply for this scheme and non UAE Nationals of age 21 to 60 age can apply
  • Bank statement for the last 3-6 months for non-salary transfer customers
  • The reduction rate and the flat rate are 6.2% and 3.29% for UAE Nationals & 7.2% and 3.85% for expats.

Features

  • UAE Nationals of age 21 to 65 can apply for this scheme and non UAE Nationals of age 21 to 60 age can apply
  • Bank statement for the last 3-6 months for non-salary transfer customers
  • The loan is provided for UAE Nationals at an interest rate of 6.2% reducing rate and 3.29% flat rate. For Expats at an interest rate of 7.2% reducing rate and 3.85% flat rate.
  • Minimum salary of AED 7,000 is required
  • The reduction rate and the flat rate are 6.2% and 3.29% for UAE Nationals & 7.2% and 3.85% for expats.
  • It is a requirement to transfer your salary to apply
  • Finance up to AED 2,000,000 for expats and AED 5,000,000 for UAE nationals
  • The early settlement fee is 1.05% of the outstanding amount to date
  • Arrangement fee is 1.05% of finance amount

Benefits

  • High finance amounts
  • Repayment periods up to 48 months
  • Available for UAE Nationals and residents
  • 90 days grace period is provided for the first installment

View details on bank page

Frequently Asked Questions

Q. Are there any fees charged for postponing my loan payment?

A. No. Postponement of loan is done for free without charging any fees.

Q. Are Salary Certificate and Salary Transfer letter both necessary to apply for this loan?

A. Yes, you need to have both to be eligible for this loan.

Q. What is the age limit needed for expats to avail the loan?

A. It’s 65 for UAE Nationals and 60 for non UAE Nationals.

Q. Which principles do Adnif follow?

A. Adnif bank follows Sharia principles in offering services.

Q. Is bank statement required for non salaried customers?

A. Yes, a bank statement of 3-6 months is essential for non salaried customers.

Q. How the early settlement fees decided?

A. It’s decided based as per UAE Central Bank policy.

Q. Who can avail Adnif bank’s personal loan?

A. UAE Nationals and residents can avail this personal loan.

Q. What’s the minimum repayment tenor offered by Adnif bank?

A. Adnif bank offers a minimum repayment tenor of 12 months.

About ADNIF

Abu Dhabi National Islamic Finance (ADNIF), is a subsidiary of National Bank of Abu Dhabi PJSC (NBAD) which is aimed to offer innovative Shariah compliant products and services to customers. It is supervised by an independent Shariah Fatwa and Supervisory Board and regulated by the UAE Central Bank. With a vision to be the Islamic finance provider of choice in UAE, ADNIF offers world class products at competitive rates.

×

Free for Life Cashback Card with 20% Cashback*

x

MyMoneySouq Robo Advisor MyMoneySouq's Robo Advisor

Hi, I’m MyMoneySouq’s Robo Advisor.

Terms of MyMoneySouq Robo's Advisor use
MyMoneySouq Robo Advisor

I can help you find the best personal loans and credit cards in UAE

MyMoneySouq Robo Advisor
MyMoneySouq Robo Advisor
MyMoneySouq Robo Advisor

Was my answer helpful ?

Yes No
send cancel

Thank you for your feedback

Hello,
I can help you
MyMoneySouq Robo Advisor