DIB Salam Finance - Approved Companies | MoneyCamel

DIB Salam Finance - Approved Companies

Dubai Islamic Bank

DIB Salam Finance - Approved Companies

Non Salary Transfer Loan
CAMEL VIEW
  • High loan amounts available.
  • Minimum salary must be AED 6,000 p.m.
FEATURES
Interest/Profit Rate 
18.00 % p.a.
Maximum Loan Amount 
AED 3,000,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 6,000
Profession 
Salaried
Minimum Tenure in Employment 
3 Months
FEES & CHARGES
Late Payment Fees 
AED 175
Early Repayment Fee 
1 % of Loan Outstanding
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Salam is a sale contract whereby the purchaser pays the price in advance, and the seller delivers the goods with certain specifications and certain quantity on agreed future date(s).

Maximum Loan amount for UAE Nationals is AED 3 Million & for expats it is AED 2 Million. Maximum loan amount is up to 14 times salary.

Interest rates start from 18% p.a. on reducing balance (or 9.8% flat rate).

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