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Interest Rate Reducing** 3.99% to 18.00%*
Processing Fees 1% of loan amount Min. AED 500 Max. AED 2500
Early Settlement 1% of remaining balance
NOC to Traffic department Without fee
Replacement of existing post dated

Cheques with new post dated Cheques

Without fees
Advance payment of installment 1% of the advanced payment
Change of due date on standing instructions AED 25
Installment deferment charges AED 100 per deferment
Loan Rescheduling AED 250
Late payment penal interest charges 2% over agreed rate, Min. AED 50 Max. AED 200
All other items not mentioned above Without fees

*Rates are subject to change

* You can convert reducing interest rate to flat interest rate by dividing the reducing rate by 1.80%

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