· Starting from 2.24% for a one-year fixed interest rate
· Multiple fixed-rate options available so you can choose the payments and durations
· No approval-in-principal fees. Check your eligibility at no cost.
· Reduced processing fee: 0.5% + VAT
· Borrow up to 85% of the value of your home for UAE national first-time buyers
· Borrow up to 80% of the value of your home for expat first-time buyers
· Borrow up to AED 20m
· Life and property insurance coverage
v For self- employed:
· Valid Passport, Visa & EIDA Card copy
· Last 6 months bank statements copy for both personal and company accounts
· Last 2 years audited financial statements copy (For loan value greater than AED 2.5 Million)
· Valid Trade License copy (If applicable: Memorandum of Association/ Articles of Association / Share Certificates).
· Details of existing loans/liabilities
v For Salaried - employed:
· Copy of passport (validity of minimum 6 months before expire).
· Copy of Visa (validity of minimum 6 months before expire). for UAE national Family book
· Copy of EID.
· Salary Certificate.
· Confirmation letter from the company
· 6 Months Payslip.
· Confirmation Letter addressed to Bank from your company if the customer not completed 6 months in current company
· Copy of employed ID.
· Latest 6 months bank statement for all transactional accounts.