Personal Loans for Salaried UAE Nationals in Dubai from SCB
Interest Rate: 4.95%
Tenor: 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
Early settlement fee: 1% of outstanding amount
Insurance fee: 0.25%
Salary transfer: Needed
Personal Loans for Salaried UAE Nationals from SCB in Dubai
Salaried UAE Nationals who wish to improve their life standards seek the assistance of Standard Chartered Bank Dubai that offers them a highly beneficial personal loan that is characterized by the following features:
You will be allowed to seek a loan of up to AED 5,000,000 based on your monthly salary and the period of your employment
Low rates of interest with no hidden charges
SCB personal loans have fast turnaround times with minimum hassles in applying for the loan
SCB has a special offer of a 5-minute online loan application process. As soon as your loan is sanctioned, you get a cashback of AED 300
Installment deferment is allowed 2 times in a year
In case of need, you will be allowed a top-up loan facility if you have made your monthly repayments in time
Your loan with other banks can be transferred to SCB
You don’t have to maintain minimum balance in your transaction account as it is exempted during the loan period
Once your loan is sanctioned, you get a cheque book and free international debit card
Offer of utility bill payment facility anywhere in the UAE
Eligibility criteria:
Salary certificate
Passport and visa
Proof of address
SCB UAE Nationals Personal Loan in Dubai
SCB launched in the UAE in 1958 and has since been a part of UAE's growth story. SCB brings to Dubai extensive experience in dynamic markets world-wide. Besides an extensive range of products, SCB strives to add value to its customers through dedicated, informed and personalized services. SCB's consultative approach to banking gives it the edge.
Dubai – Quality of life
Consistently being ranked as one of the best cities on Quality of Life Index, Dubai is certainly the preferred destination for expatriates. While Dubai offers attractive prospects for a flourishing lifestyle, personal and financial growth, it must be noted that it is also one of the safest cities in the world. Dubai is home to some of the largest man-made structures on earth, an achievement that every resident is proud of.
If you are seeking a personal loan in Dubai from SCB, fill in the application form on this page and our representative will contact you at the earliest to assist you with the procedures.