ADIB

Abu Dhabi Islamic Bank ADIB – El Yosr Employees Loan

19.1%

Advertised Rate

2,917

Monthly Repayment

1,000,000

Loan Amount

Type of Loan - With Salary Transfer

No Salary Transfer

With Salary Transfer

Features & Benefits

Loan Amount

1,000,000

Loan Term

Up to 5 years.

Competitive Interest Rate

Free life insurance.

Features

  • The minimum age should not be less than 21 years old and the maximum age is 65 years old
  • The banking Finance program is compliant with Islamic law
  • Finance up to 50% of the burden
  • An easy and quick approval process
  • Takaful life Insurance lasting till the program tenor ends
  • No down payment required
  • Salary transfer is required

Documents Required

  • Valid National ID for Egyptians
  • Valid residence permit or valid passport for foreigners
  • Recent residence utility bill (maximum 3 months)
  • Commitment letter to transfer the salary from the employer
  • HR letter
  • Loan Application form

Fees & Charges

  • 2.5% administrative fee
  • 5% for early payment calculated on the unpaid amount
  • 2% for late payment fee per instalment
  • 0.0005% proportional stamp duty collected quarterly

  • This field is for validation purposes and should be left unchanged.
error: Content is protected !!