Personal Loans for Salaried UAE Nationals in Abu Dhabi from CBI
Interest Rate: 2.62%
Tenor: 48 months
Eligibility: Minimum salary of AED 10,000
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
Deferment of instalment: AED 100 per deferment
Early settlement fee: 1% of outstanding balance
Partial payment fee: 1% of the partial payment amount
Loan top up fee: 1% of the top up amount; Minimum AED 500, Maximum AED 2,500
Loan rescheduling fee: AED 250
Loan cancellation fee: AED 100
Salary transfer: Needed
Personal Loans for Salaried UAE Nationals from CBI in Abu Dhabi
As a salaried UAE National, you are entitled for a personal loan from CBI in Abu Dhabi which extends monetary assistance to its customers in order to better their living standards. Reasonable interest rates, easy repayment plans and high amounts of loan based on your salary make the personal loan from CBI in Abu Dhabi convenient and attractive to customers.
Free credit card and global debit card, current account that is exempted from minimum balance, quick approval and top-up loan in case of need are the other special features of this loan.
Documents required to apply for a CBI personal loan in Abu Dhabi are:
1. Latest pay slip
2. Passport and visa copy
3. Address proof
4. Bank account statement for a minimum of 3 months prior to the loan application
You are likely to get a maximum amount of AED 500,000 as personal loan depending on your monthly earnings and your employer.
CBI UAE National personal loans
Commercial Bank International or CBI was started in 1991 in Ras Al Khaimah and has been a trusted and friendly banker to its customers ranging from individuals to big companies. CBI’s main objective is to build long-standing relationships with its customers through effective deliverance of simple and easy-to-understand financial solutions in the retail and corporate banking sectors. CBI has been the recipient of many an award the most notable ones being the “Fastest growing bank in the UAE” and the “Most improved bank in the MENA region” in 2013 conferred at the Banker Middle east Industry awards.
Abu Dhabi – Economic Priorities
The major economic policies of the Abu Dhabi government include development of a sustainable economy and balancing the social and regional development in such a way that the economic growth impacts the entire population residing in the Emirate. Currently, the main export item, crude oil, is in great demand and brings in the maximum revenue from the international market thus providing the resources for further development of the country.
Seeking CBI personal loans for salaried UAE Nationals in Abu Dhabi is a simple process. Fill in the form on this page to apply for one and very soon a representative will reach out to you.