Mashreq Al Islami Non Salary Transfer Loan for Expatriates | MoneyCamel

Mashreq Al Islami Non Salary Transfer Loan for Expatriates

Mashreq Bank

Mashreq Al Islami Non Salary Transfer Loan for Expatriates

Non Salary Transfer Loan
CAMEL VIEW
  • Get a personal loan in UAE without a salary transfer up to AED 150,000.
  • Processing fee is 1% of the loan amount.
FEATURES
Interest/Profit Rate 
18.00 % p.a.
Maximum Loan Amount 
AED 150,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 12,000
Profession 
Salaried
FEES & CHARGES
Late Payment Fees 
AED 50
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 250
Life Insurance Fee 
1.25 % of Loan Outstanding
Installment Deferment Fee 
AED 100
Loan Cancellation Fee 
AED 100
Liability/No Liability Charges 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Minimum loan amount is AED 15,000 & Maximum is AED 150,000.

Loan amount can go up to 8 salary multiples.

This is a Shariah compliant finance product.

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