Emirates Islamic Bank Personal Finance | MoneyCamel

Emirates Islamic Bank Personal Finance

Emirates Islamic Bank

Emirates Islamic Bank Personal Finance

Salary Transfer Loan

Refer a Friend for EIB Personal Finance and Get AED 500 Cash Reward upon conversion.

CAMEL VIEW
  • Competitive profit rates.
  • First installment due after 60 days.
  • A processing fee of AED 500 applies.
  • Minimum monthly salary must be AED 5,000.
FEATURES
Interest/Profit Rate 
6.80 % p.a.
Maximum Loan Amount 
AED 1,000,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 5,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
3 Months
FEES & CHARGES
Late Payment Fees 
AED 200
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 0
Life Insurance Fee 
0.75 % of Loan Outstanding
Loan Cancellation Fee 
AED 100
Liability/No Liability Charges 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Regular profit rates start at 8.6% p.a. (4.75% flat rate, as advertied by the bank).

Finance is available for salaried customers who transfer their salary to EIB. Maximum loan amount is AED 3 Million for UAE Nationals and AED 1 Million for expats.

You can pay your first installment after 60 days. Loan approval in 24 hours after the request.

Preapproved credit card and 100% discount on first year's annual fees.

Feedback

Login

Loading