Personal Loans for Salaried Expats in Sharjah 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 Sharjah
CBI Sharjah offers personal loans at low interest rates and does not insist on minimum balance in your checking account when you become their customer. You get free global debit card and credit card at reasonable rates of interest for life. Need a top-up loan in an emergency? That is possible too but subject to certain conditions.
You will be able to get a maximum loan of up to AED 500,000 depending on your salary and employer. Submit your last drawn salary slip, account statement for 3 months prior to your loan application, copy of your passport and visa and residential address proof along with the loan application form; CBI processes your application in no time and you have the loan sanctioned quickly.
CBI expats personal loan in Sharjah
Commercial Bank International or CBI began its banking operations in Ras Al Khaimah, UAE in the year 1991. Individual customers as well as business enterprises have ever since found the bank to be reliable and committed in its activities. Simple, yet innovative banking solutions delivered to its customers in a timely manner proves the competence of the bank. CBI has been widely acclaimed as the “Fastest growing bank in the UAE”, an award conferred on the bank by the 2013 Banker Middle East Industry Awards based on the bank’s financial results.
Sharjah- The hospitality sector
A major part of the economy of Sharjah can be attributed to the hospitality sector, coupled with a booming tourism within the emirates. As the internet is bridging the gap and making things easier, you can pre-book rooms or suites online at any of these hotels, and pay the booking amount online too, all in a swift and secure manner.
Fill in the form on this page to seek a personal loan in Sharjah from Commercial Bank International for salaried expats and a representative will call you at the earliest to help you with the loan process.