CBI Personal Loan

CBI Bank

WarningMessage This product is valid by the Bank

Personal Loan

minimun salary

Minimum Salary

AED 8K

flat rate

Flat Rate

3%

reducing rate

Reducing Rate

5.44%

max loan

Loan Amount

AED 1000K

early settlement fee

Early Settlement Fee

1%

arrangement fee

Arrangement Fee

1%

Advantages

  • Free rewards credit card
  • Overdraft facility on current account
  • Phone banking facility
Apply Now
minimum salary

AED 8K

Minimum Salary

flat rate

3%

Flat Rate

reducing rate

5.44%

Reducing Rate

max finance

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
Apply Now

View details on bank page

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

Frequently Asked Questions

Q. Does the given finance provides any insurance coverage?

A. Yes, CBI personal loans provide insurance coverage permanent total disability and death.

Q. Does getting pre-qualified for a personal loan affect my credit score?

A. No, getting pre-qualified won't affect your credit score history.

Q. What all extra benefits do we get along with this finance?

A. You can get high loan amount and free for life credit card along with this finance.

Q. What is the insurance fee for personal loan in CBI?

A. The insurance fee for personal loan in CBI is 1.5% of the finance amount.

Q. How can I check the status of my loan that I have applied for in CBI bank?

A. By visiting CBI's official site or by calling on CBI call centre on 600544440, you can check your application status .

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

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