Noor Bank Personal Finance - For Expats

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.

MyMoneySouq Currency Fair

0 People rated this page

Noor Bank Bank

Personal Finance - For Expats

Minimum Salary

AED 8K

Flat Rate

3.49%

Reducing Rate

6.33%

Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Apply Now
minimum salary

AED 8K

Minimum Salary

flat rate

3.49%

Flat Rate

reducing rate

6.33%

Reducing Rate

max finance

AED 1000K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Apply Now

View details on bank page

Features

  • Only Expats can apply for this scheme
  • The loan is provided for a interest rate of 6.33%
  • Minimum salary of AED 8,000 is required
  • The reduction rate and the flat rate is 6.33% and 3.49%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary.
  • Finance up to AED 1,000,000
  • Early settlement fee is 1% of the loan amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 1,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme
  • Provides free credit card along with scheme
  • Availability of options like second finance and top-up

Frequently Asked Questions

⭐ What are the important documents that we need to submit to be eligible for Noor bank personal finance?

A. Important documents that you need to submit are:
1. Salary transfer letter
2. Three months bank statement
3. Valid copy of passport, Emirates ID and residency visa.

⭐ Can I prepay a personal loan in Noor bank?

A. Yes, you can prepay the entire loan amount once the first 6 installments are paid.

⭐ What can be my mode of repayment in Noor bank?

A. Your mode of repayment can be following:
1. ECS
2. Post-dated cheque

⭐ How can I improve my credit score in Noor bank?

A. To improve your credit score, you need to pay your monthly installments on or before time.

⭐ What should we do if our employer is not approved by bank's employer approved list?

A. It is best to inform bank about your company, so that bank can put your employer in their approved list.

Noor

Established in January 2008, Noor Bank (formerly known as Noor Islamic Bank), is a young bank providing a wide range of products and service. With a Mission of ‘wanting to be ranked among the top 100 most-innovative companies in the world’ and a Vision ‘to be recognised as the financial icon of Dubai’, the bank follows these values :

  • Customer Centricity
  • Innovation
  • Determination
  • Integrity
  • Responsibility

They believe that Islamic banking has the flexibility and the openness to enable them to offer a wide range of products and services when approached correctly.

   Get in touch with Noor Bank Customer Care

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.

Show/Post Comments