Personal Loans for Self-Employed UAE Nationals from Dunia in Abu Dhabi
Interest Rate: 14 to 39%
Tenor: Maximum period of 48 months
Eligibility: Minimum salary of AED 5000
Arrangement fee: 1% of loan amount with a minimum of AED 500 and maximum of AED 2500
Late payment fee: 2% of the delayed amount, minimum being AED 50 and maximum AED 200
Loan cancellation fee: AED 100
Salary transfer: Not needed
Early settlement fee: 1% of principal amount
Personal loan for self-employed UAE Nationals in Abu Dhabi from Dunia
Self-employed UAE Nationals seeking a personal loan from Dunia in order to meet urgent financial commitments are eligible for one depending on their monthly income. Dunia Finance fixes the interest rate and sanctions your loan after careful evaluation of your previous records of borrowing if any. The maximum amount of personal loan that Dunia offers to its customers is AED 100,000. Approval time is normally 48 hours with requirements as mentioned below:
Statement of bank account for the latest quarter
Latest pay slip
Copies of Passport and visa
Proof of residence
loan account statement if you have a loan account elsewhere
Self Employed loan for UAE Nationals from Dunia
Dunia Finance L.L.C. was started in 2008 as a joint venture between Mubadala Development Company based in Abu Dhabi, the Singapore-based Fullerton Financial Holdings and Waha Capital.
Dunia Finance has designed its business model in such a way as to offer quality financial services to needy customers in many segments including the salaried class, self-employed, affluent customers with a desire to expand their business etc.
Abu Dhabi – Fast-paced development
The development of Abu Dhabi has happened at an incredible speed. Within a span of two years, an airline was established with 21 planes and 37 destinations enabled. Likewise, the construction of 100 hotels operating in the city with 15 thousand hotel rooms was made possible within a very short time. It comes as no surprise then that Abu Dhabi is one of the most sought-after tourist destinations in the world.
If you wish to apply for a personal loan at Dunia Finance, fill in the form on this page and our representative will get in touch with you soon.