SIB Personal Finance | MoneyCamel

SIB Personal Finance

Sharjah Islamic Bank

SIB Personal Finance

Salary Transfer Loan
CAMEL VIEW
  • Interest rates start from 6.2% p.a.
  • Minimum salary must be AED 8,000 p.m.
FEATURES
Interest/Profit Rate 
6.87 % p.a.
Maximum Loan Amount 
AED 300,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 8,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
4 Months
FEES & CHARGES
Late Payment Fees 
AED 1
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 250
Life Insurance Fee 
0.04 % of Loan Outstanding
Loan Cancellation Fee 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Interest rates depend on monthly salary earned.

Loans are also available for Travel, Education and Medical purposes.

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