Personal Loans for Salaried Expats in Sharjah from FGB
Interest Rate: 13.2%
Tenor: Maximum period of 48 months
Eligibility: Minimum salary of AED 5,000
Maximum loan amount: Up to AED 200,000
Processing 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 installment: AED 100 per deferment
Credit Life Insurance: 1% - 1.5% of the total loan amount
Salary transfer: Not needed
Early settlement fee: 1% of the outstanding amount
Partial payment: 1% of the partial payment amount
Loan rescheduling fee: AED 250
Liability letter fee: AED 100
FGB Personal Loans for Salaried Expats in Sharjah
First Gulf Bank or FGB extends to expatriates personal loans loaded with quite a few benefits and without too many conditions. The bank has a simple documentation procedure and sanctions loans quickly. Your monetary requirements are fulfilled by FGB when you really need the assistance.
Employment in a Government, semi-Government or a recognized private firm, age over 21 years, valid passport and visa are the requirements for you to apply for a personal loan from FGB.
FGB Personal Loans in Sharjah
Headquartered at Sharjah, First Gulf Bank or FGB is a bank with a public ownership. It was opened in Ajman in 1979 and has shown tremendous growth and has been recognized as one of the fastest growing banks in the Middle East. Within the UAE, it is also known by its Arabic name Al Khaleej Al Awal and has an international presence too.
Sharjah – Special features
Sharjah is the third largest Emirate of the United Arab Emirates. Any layman would know about the name Sharjah mainly because of its association with international cricket. However, Sharjah is known for its tourist attractions that welcome a huge number of visitors every year. You will find several traditional and modern elements in this beautiful city. Numerous mosques, museums that display splendid architecture and public parks such as the Al Buheirah Corniche and Al Jazeirah Fun Park can be found here.
To avail of a personal loan from First Gulf Bank for salaried expats in Sharjah, fill up the form on this page and our representative will contact you soon.