Mashreq Al Islami Personal Loans for Emaratis | MoneyCamel

Mashreq Al Islami Personal Loans for Emaratis

Mashreq Bank

Mashreq Al Islami Personal Loans for Emaratis

Loans for UAE Nationals
CAMEL VIEW
  • High loan amounts available.
  • Shariah compliant.
FEATURES
Interest/Profit Rate 
5.99 % p.a.
Maximum Loan Amount 
AED 2,500,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 5,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
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

Loan amount is subject to your income and credit rating, it can be up to 20 times of your salary.

Free credit card for the life of the loan. No collateral or guarantors required for application .

This is a Shariah compliant finance product.

Late payment fee: 2% of delayed amount (maximum AED 200).

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