Mashreq Bank Personal Loans for Expatriates | MoneyCamel

Mashreq Bank Personal Loans for Expatriates

Mashreq Bank

Mashreq Bank Personal Loans for Expatriates

Salary Transfer Loan
CAMEL VIEW
  • Access to Credit Card & Revolving Overdraft.
  • Top-up facility is available too.
  • Minimum monthly salary must be AED5,000.
  • 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

You can also avail the Personal Loan Remit Offer - Transfer your Personal Loan funds to your home country or any international destination and get your Processing & Insurance Fees waived.

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

1% Processing fee will apply on normal loans.

 

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

Feedback

Login

Loading