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 products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page 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.

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SAMBA Personal Installment Loan

SAMBA Bank

Personal Installment Loan

Minimum Salary

AED 10K

Reducing Rate

18%

Loan Amount

AED 175K

Early Settlement Fee

1%

Arrangement Fee

1%

minimum salary

AED 10K

Minimum Salary

reducing rate

18%

Reducing Rate

max finance

AED 175K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

View details on bank page

Features

  • Repayment period is up to 4 years
  • The loan is provided for an interest rate of 18%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 9% and 4.83%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is not mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 175,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Loan amounts of up to AED 175,000
  • Convenient repayment periods of up to 48 months
  • Financial freedom when you need it with competitive rates and extended repayment terms!

Frequently Asked Questions

⭐ Do I need to provide any security or collateral to apply for personal finance in Samba bank?

A. No, you need not provide any security to apply for personal finance.

⭐ Are there any processing fees even on the top up loans?

A. Yes, on top-up loans a processing fee of 1% of the loan amount is charged.

SAMBA

Established in 1980 through a Royal decree and headquartered in Saudi Arabia, SAMBA has evolved into the region’s most acclaimed financial services group. Having a presence in GCC, Europe and South Asia including London, Dubai, Qatar and Pakistan, SAMBA is the most internationally awarded bank in Saudi Arabia and the Middle East. They follow the values of :

  • Dedication to customers
  • Commitment to employees
  • Constant improvement approach
  • Fulfilling Corporate Social responsibility
  • Superior returns to investors

SAMBA offers a wide range of Shariah-compliant Personal Finance solutions to match the different requirements of customers

   Get in touch with SAMBA Customer Care

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