Personal Loans for Salaried Expats in Abu Dhabi from Citibank
Interest Rate: 8.8%
Tenor: Maximum period of 48 months
Eligibility: Minimum salary of AED 5000, employed for 3 months at the time of application
Maximum loan amount: AED 175,000
Arrangement fee: 1% of loan amount with a minimum of AED 500 and maximum of AED 2500
Insurance Fee: Optional insurance cover; if opted for, 2.01% of the loan amount
Salary transfer: Not needed
Early settlement fee: 1% of outstanding principal
Personal Loans for Salaried Expats from Citibank in Dubai
Citibank personal loans are extended to salaried expats to meet with any difficult financial situation. The maximum loan amount and the interest rates are fixed based on your monthly income. The normal approval time is one day. These loans that do not require salary transfer demand very few requirements such as:
Latest salary certificate (should have been an employee for at least 3 months)
Emirates ID copy
Bank statement for 3 months (for salary transfer loans)
Direct Debit Form
Citibank personal loans come in a special package that includes free flight travel, hotel accommodation and vacation packages. If you want to avail these facilities besides the loan, your minimum salary should be AED 8,000 as against the normal 5,000. If you are an employee of a non-listed company, the maximum amount of loan you will be eligible for is AED 45,000 only.
Citibank PDC Loan for Expats in Abu Dhabi
With its global outlook, Citibank has been able to develop a great understanding of the needs of its customers and provides financial products and services that best suit their lifestyle. Therefore, Citibank is considered to be a one-stop solution tailored to meet individual financial needs. Recognizing the track record of Citibank in executing top local transactions in the UAE in 2011, Dubai-based Euromoney magazine named it “The Best Investment Bank in the UAE”. This award is one of the most coveted global awards given for banking excellence.
Abu Dhabi – The Cosmopolitan Capital
The fast development and urbanization of Abu Dhabi has turned it into a dynamic metropolitan city. Urbanization combined with the high average income of the residents has made it the sought-after destination to many a foreigner. Abu Dhabi is today the major center for political, industrial, cultural and commercial activities due to its status as the capital of UAE.
To apply for a personal loan from Citibank, fill in the form on this page and one of our friendly representatives will contact you soon.