Noor Bank Personal Finance | MoneyCamel

Noor Bank Personal Finance

Noor Bank

Noor Bank Personal Finance

Salary Transfer Loan
CAMEL VIEW
  • Shariah compliant loans also available.
  • High loan amounts.
  • Salary transfer required.
  • Minimum salary requirement is AED 5,000 p.m.
FEATURES
Interest/Profit Rate 
5.00 % p.a.
Maximum Loan Amount 
AED 2,000,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 5,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
6 Months
FEES & CHARGES
Early Repayment Fee 
1 % of Loan Outstanding
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Interest rates are as per the following salary tiers:

  • If salary is more than AED 35,000 p.m. - 5% p.a. (or 2.75% flat rate)
  • If salary is between AED 20,000-35,000 p.m. - 5.4% p.a. (or 2.99% flat rate)
  • If salary is below AED 20,000 p.m. - 6.3% p.a. (or 3.49% flat rate)

This is a Shariah Compliant product.

Finance is available up to AED 750,000 for expats and AED 2 Million for UAE Nationals.

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