EIB MANZILI SmartHome | MoneyCamel

EIB MANZILI SmartHome

Emirates Islamic Bank

EIB MANZILI SmartHome

New Home Loans
CAMEL VIEW
  • 0% processing fee for buyout.
  • Rate is 5.99% if you go for 5 year fixed option.
FEATURES
Interest/Profit Rate 
3.49 % p.a.
Maximum Loan Amount 
AED 5,000,000
Maximum Loan Tenure 
20 years
Shariah Compliant 
Yes
Maximum LTV 
75 % of Property Value
FEES & CHARGES
Late Payment Fee 
AED 900
Prepayment Fee 
1% of Loan Amount
Valuation Fee 
AED 3000
Loan Liability Letter Charge 
AED 500
Property Insurance Rate 
0.05%
Processing Fee 
1% of Loan Amount
ADDITIONAL INFORMATION

Variable rate starts from 3.49% p.a.

5-year fixed rate starting from 5.99% p.a. 0% processing fee for buy-outs.

Pre-approved Credit Card. 60 days installment deferment available.

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