Mashreq Equity Release-UAE Residents | MoneyCamel

Mashreq Equity Release-UAE Residents

Mashreq Bank

Mashreq Equity Release-UAE Residents

Equity Release
CAMEL VIEW
  • For both Salaried or Self Employed individuals.
  • Choice of Islamic & Conventional Home Finance.
FEATURES
Interest/Profit Rate 
4.49 % p.a.
Maximum Loan Amount 
AED 10,000,000
Maximum Loan Tenure 
25 years
Minimum Monthly Income 
AED 25,000
Maximum LTV 
60 % of Property Value
FEES & CHARGES
Prepayment Fee 
1% of Loan Amount
Rescheduling Fee 
AED 500
Life Insurance Rate 
0.35% of Loan Amount
Valuation Fee 
AED 2500
Loan Closure Fee on Balance Transfer 
1% of Loan Amount
Loan Liability Letter Charge 
AED 100
Property Insurance Rate 
0.06%
Processing Fee 
1% of Loan Amount
ADDITIONAL INFORMATION

Available for UAE Nationals and expatriates (both salaried and self employed).

Choice of Islamic/Conventional Home Finance or Loans.

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