ADIB Home Loans | MoneyCamel

ADIB Home Loans

Abu Dhabi Islamic Bank

ADIB Home Loans

New Home Loans

Low profit rates of just 2.99% fixed for 2 years.

CAMEL VIEW
  • Profit Rate of 2.99% fixed for 2 years.
  • Salary transfer is optional.
  • Free partial settlement of up to 30% outstanding annually.
  • Finance also available for self-employed applicants.
FEATURES
Interest/Profit Rate 
2.99 % p.a.
Maximum Loan Amount 
AED 20,000,000
Maximum Loan Tenure 
25 years
Minimum Monthly Income 
AED 10,000
Shariah Compliant 
Yes
Salary Transfer Mandatory 
No
Maximum LTV 
80 % of Property Value
FEES & CHARGES
Late Payment Fee 
AED 200
Prepayment Fee 
1% of Loan Amount
Valuation Fee 
AED 0
Loan Closure Fee on Balance Transfer 
0% of Loan Amount
Property Insurance Rate 
0%
Processing Fee 
0.5% of Loan Amount
ADDITIONAL INFORMATION

Variable rate applies after 2 years fixed rate period. Processing fee is 0.5% for the fixed rate option and Zero for variable rate option.

Six months optional grace period (for Salary Transfer customers).

Property insurance paid for the full tenure by ADIB- covers only Loss by fire. Prepayment fee is 1% or AED 10,000 whichever is lesser.

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