CBD Personal Loan for UAE Nationals

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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CBD Bank

Personal Loan for UAE Nationals

Minimum Salary

AED 8K

Flat Rate

3%

Reducing Rate

5.5%

Loan Amount

AED 3000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free debit card
  • Current account with no minimum balance
  • Can avail top-up facility
Apply Now
minimum salary

AED 8K

Minimum Salary

flat rate

3%

Flat Rate

reducing rate

5.5%

Reducing Rate

max finance

AED 3000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Advantages

  • Free debit card
  • Current account with no minimum balance
  • Can avail top-up facility
Apply Now

View details on bank page

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The loan is provided for a interest rate of 5.5%
  • Minimum salary of AED 8,000 is required
  • The reduction rate and the flat rate is 5.5% and 3%. This denotes that the computation done was a division of the reduction rate by 1.836
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 3,000,000
  • Early settlement fee is 1% of finance amount
  • Takaful is provided free of cost
  • Arrangement fee is 1% of loan amount

Benefits

  • For every loan amount of AED 100,000 you can earn up to 500 Attijari points
  • High Finance amount is provided by the bank
  • Availability of buy-out facility
  • Determent facility available - maximum 2 times a year without additional profit
  • Free Debit Card is provided along with this scheme
  • Free Current Account is provided along with this scheme with no minimum balance requirement

Frequently Asked Questions

⭐ I have salary transfer personal loan in other bank, can I avail CBD personal loan?

A. Yes, if you are eligible for CBD personal loan then you can apply for it.

⭐Is there any loan cancellation fee for this loan?

A. Yes, there is a cancellation fee of AED 100 for this loan.

⭐ If my employer is currently not approved by CBD approved list of employers, can I still apply for it?

A. Contact CBD's call centre on 600 575 556 and their personal loan advisor will assist you in approving your employer into CBD approved list of employers.

⭐ Is there any re-scheduling fee for this loan?

A. Yes, there is a re-scheduling fee of AED 250 for this loan.

⭐ If I am new employee in a company, will I be able to avail CBD personal loan?

A. If you are a confirmed employee in your company then you can avail CBD personal loan.

CBD

Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:

  • Authenticity
  • Simplicity
  • Partnership
  • Innovation
  • Responsibility
  • Excellence

   Get in touch with CBD Customer Care

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