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Interest Rate 4.99% to 18.00%*
Processing Fees 1% of loan amount Min. AED 500 Max. AED 2500
Credit life insurance 1% of the Loan Amount At Banks Discretion
Delayed payment penal interest charges 2% of the delayed amount Min AED 50 Max AED 200
Deferment of installment AED 100 per deferment
Early Settlement 1% of remaining balance
Loan Rescheduling AED 250
Loan Cancellation Fee AED 100

*Rates are subject to change

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