Mashreq Al Islami Personal Loans for Expatriates | MoneyCamel

Mashreq Al Islami Personal Loans for Expatriates

Mashreq Bank

Mashreq Al Islami Personal Loans for Expatriates

Salary Transfer Loan
CAMEL VIEW
  • Access to Credit Card & Revolving Overdraft.
  • The loan installment should not exceed 50% of the customers monthly salary.
FEATURES
Interest/Profit Rate 
5.99 % 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
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

Free cheque book and debit card.

Minimum loan amount is AED 15,000 & it can go up to AED 1,000,000.

1% Processing fee will apply.

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

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