ADIB Smart Account

Check Eligibility for CBI
Personal Loan

You are eligible to apply for a CBI
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 8000 required to apply for a CBI Personal Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

CBI Personal Loan Calculator

CBI Personal Loans in UAE

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 information provided on this website does not constitute the marketing of any products or services to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Marino, San Marino, Vatican and Isle of man. The content on this website 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. Find your nearest Citi branch: www.findmyciti.com/ae/. Call us at: +971 4 311 4000.

Address: Citibank UAE, P.O. Box 749, Dubai, United Arab Emirates.

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Check Eligibility for CBI Personal Loan

You are eligible to apply for a CBI
Personal Loan .

You may not be eligible * to apply.

* Minimum salary AED 8000 required to apply for a CBI Personal Loan .

Click here to check loans from other banks.

CBI Personal Loan Calculator

ADIB Smart Account
CBI Personal Loan Details
Minimum Salary AED 8000 - AED 35000 per month (depends on the nationality and type of loan)
Maximum Loan Amount AED 1000K
Early Settlement Fees 1% of the outstanding amount
Arrangement Fees 1% of the approved loan amount
Tenure 48 months
Age 21 - 60 years(Expats) & 65 years(UAE Nationals)
Interest Rates Flat rate: 1.65% | Reducing rate: 3%

Features of CBI Personal Loan

The salient features of the personal loans offered by CBI are:

  • Maximum loan amount of up to AED 500,000 or up to 20 times the multiple of your salary
  • Get a credit card free for life with the loan
  • Flat and reducing interest rate options are available
  • Simple and fast application processing with minimal documentation required
  • Interest rates are amongst the lowest in the industry.
  • Fees and Charges

  • Processing fee : 1% of the amount availed (Min. AED 500 and Max. AED 2500)
  • Penal charges for late payment : 2% of the repayment amount (Min. AED 50 and Max. AED 200)
  • Deferring of instalment : AED 100 per deferment
  • Early settlement of loan : 1% of the balance
  • Rescheduling of loan : AED 250
  • Cancellation of loan : AED 100

Documents Required of CBI Personal Loan

  • Completed application form.
  • A copy of valid passport with valid UAE residence visa for Expatriates (original required for verification).
  • A copy of a valid Emirates ID.
  • Last 3 months bank statement.
  • Salary transfer letter.
  • Liability or clearance letter (for buyout cases).
  • Original salary certificate.

CBI Personal Loan Interest rates

CBI Bank

2 CBI Bank Personal Loans

Ready Money

Minimum Salary

AED 8K

Flat Rate

1.65%

Reducing Rate

3%

Early Settlement Fee

1%

Arrangement Fee

1%

minimum salary

AED 8K

Minimum Salary

flat rate

1.65%

Flat Rate

reducing rate

3%

Reducing Rate

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Benefits

  • Loan approval is fast
  • It is mandatory to transfer your salary to apply for this loan
Apply Now

Features

  • The loan is provided for a interest rate of 3%
  • Minimum salary of AED 8,000 is required
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Loan approval is fast
  • It is mandatory to transfer your salary to apply for this loan
Apply Now
View Details

View details on bank page

Personal Loan

Minimum Salary

AED 8K

Flat Rate

3%

Reducing Rate

5.44%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

minimum salary

AED 8K

Minimum Salary

flat rate

3%

Flat Rate

reducing rate

5.44%

Reducing Rate

loan amount

AED 1000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Advantages
  • Free rewards credit card
  • Overdraft facility on current account
  • Phone banking facility
Advantages
  • Free rewards credit card
  • Overdraft facility on current account
  • Phone banking facility

Features

  • Repayment period is up to 4 years
  • The reduction rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.814
  • The loan is provided for a interest rate of 5.44%
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 5.44%
  • Minimum salary of AED 8000 is required
  • The reduction rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 1,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • High Finance amount is provided by the bank
  • Along with this loan free credit card is offered
  • Provides insurance coverage for permanent disability and death
Apply Now
View Details

View details on bank page

Frequently Asked Questions

⭐ Are there any other personal loans provided?

A. Yes, there are various personal loans provided. You can check otherpersonal loan in UAEhere.

⭐ Can I avail Insurance coverage on this personal loan?

A. Yes. Insurance coverage can be obtained with this personal loan.

⭐ What’s the loan amount provided for self-employed professionals?

A. Maximum loan amount of AED 500,000 can availed by self-employed professionals.

⭐ Can I apply for this loan without original salary certificate?

A. No. Original salary certificate is mandatory to acquire loan from CBI.

⭐ Who can get CBI personal loan?

A. UAE nationals and expats can get CBI personal loan.

⭐ What are the benefits provided by this loan?

A. Customer can benefit a free credit card, loan amount that suits his requirements, insurance coverage, maximum amount that’s 20 times his salary.

⭐ Is salary transfer letter mandatory for this loan?

A. Yes. Salary transfer letter is mandatory for CBI personal loan

⭐ Is there any processing fees for CBI personal loan?

A. Yes, 1% of the loan amount is charged as processing fees.

⭐ What is the minimum salary required for a CBI personal loan?

A.The minimum salary required for a personal loan in CBI is AED 8000.

⭐ What is the eligibility criteria for a personal loan in CBI?

A. The eligibility criteria for a personal loan in CBI is the applicant needs to be UAE resident and have a minimum income of AED 8000.

⭐ What are the interest rates charged on a personal loan in CBI?

A. The interest rates charged on a personal loan in CBI is Flat rate: 1.65%-3% and Reducing rate: 3%-5.44%.

About CBI

Since its incorporation in the UAE in 1991, CBI is consistently focused on giving simple and easy-to-understand products. It is inspired by a vision of building long-term relationships. The bank offers a comprehensive portfolio of standard banking products, as well as customized financial products for Corporate, SME as part of Retail Banking. Their tailor-made services range from a personal account to financing of homes and automobiles to commercial loans and project financing. The bank work on the values of:

  • Speed
  • Customer Focus
  • Confidence
  • Communication
  • Teamwork

   Get in touch with CBI Customer Care

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