Personal Loans for Salaried Expats in Dubai 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 Expats from CBI in Dubai
Personal loans from CBI are offered to salaried expats at a very low rate of interest. Other benefits include a current account which needs no minimum balance requirement, free for life credit card at a very attractive rate of interest and a free Global Debit Card. You are also eligible for a top-up loan in case of need. A maximum of AED 500,000 is sanctioned as personal loan depending on your salary and employer. CBI loan processing is very quick and the following requirements have to be fulfilled:
Current salary certificate
Statement of your bank account for 3 months
passport and visa copy
proof of address
CBI expats personal loan in Dubai
Commercial Bank International, one of the leading banks in the UAE, was launched in the Emirate of Ras Al khaimah in the year 1991and has been a trusted banker to individuals and businesses alike. CBI offers its customers simple financial solutions and is committed to building long-term relationships with them.
Based on the bank’s financial results, CBI has been recognized as the “Fastest growing bank in the UAE” and the “Most improved bank in the MENA region” by the 2013 Banker Middle East Industry Awards held in Dubai.
Dubai-The Great Expansion
The economy of Dubai has seen excellent growth in the last thirty years. Its economy is diversified with a huge focus on sectors like finance, retail trade, healthcare, tourism and real estate. Millions of tourists from all parts of the world visit Dubai every year. All the above sectors have shown consistent growth and contribute to the economy thereby facilitating great expansion and diversification.
Fill in the form on this page to seek a personal loan in Dubai from Commercial Bank International for salaried expats and a representative will call you at the earliest to help you with the loan process.