Top Personal Loans
Other Personal Loans From Emirates Islamic
Emirates Islamic Personal Finance for Expats
This product is valid by the Bank
Personal Finance for Expats
Early Settlement Fee
- Free Credit Card
- Low processing fees
- Only 1 month salary transfer is required
- Repayment period is up to 4 years
- The loan is provided for a interest rate of 4.69%
- Minimum salary of AED 5,000 is required
- The flat rate and the reduction rate is 3.59% and 6.47%.
- It is mandatory to transfer your salary to apply for this scheme
- Finance up to AED 2,000,000
- Early settlement fee is 1% of finance amount
- Arrangement fee is 2.5% of loan amount
- Free Credit Card is provided along with this scheme
- For the first year free of annual fee
- Repayment period is long
- Low minimum salary requirement is there for this scheme
Frequently Asked Questions
Q. Can my friend become co-applicant of my personal finance in Emirates Islamic?
A. No, Emirates Islamic allows only family members and company partners holding more than 51% shares to become co-applicant for your personal loan.
Q. What extra benefits do we get along with this finance?
A. High loan amount, 100% discount on first year's annual fees and pre approved credit card with no minimum balance requirement are few benefits that you'll get along with this finance.
Q. What is the minimum length of service required to apply for the given finance?
A. Minimum one month length of service with first salary credited in Emirates Islamic account is required to be eligible for this finance.
Q. Does Emirates Islamic bank verify the documents provided by us?
A. Yes, Emirates Islamic bank verifies all the documents provided by you and in case of any discrepancies can reject your application also.
Q. Is takeover of personal finance permitted by Emirates Islamic bank?
A. Yes, takeover of personal finance is permitted in Emirates Islamic but only upon bank's discretion.
In order to deliver high standards of banking services, Emirates Islamic Bank was established in the year 2004. The bank is aimed to deliver services in accordance with the standards of Shariah principles. It offers a wide range of products that are designed exclusively for individuals, small businesses and large corporations.