CBD Bank Absher Personal Finance for Expats

Minimum Salary
12.000,00 د.إ

Flat Rate
AED 3.46%

Reducing Rate
6.35 %

Maximum Term
4 Years

Monthly Payment
AED 1,955

Description

Reach your goals Personal Finance

Save up to AED 20,000 on a 2 million Personal Finance and benefit from attractive profit rates.

Major Advantage: High finance amount

Points to Consider: There is a processing fees

Features

Major Feature: Earn 500 Attijari points for every finance amount of AED 100,000

Minimum Salary Requirement: AED 12,000

Reducing Rate (as advertised): 6.35% p.a. to 11.75% p.a. (depends on profile of the customer)

Flat Rate: 3.46% p.a. (calculated as per 4 years calculation)

Processing Fees: 1% of the finance amount (Min AED 500, Max AED 2,500)

Maximum Finance Amount: AED 750,000 (up to 20 times of salary)

Islamic Finance: Yes

Maximum Term: 48 months

Salary Transfer: Compulsory

Early Settlement Fees: 1% of outstanding amount

Takaful: Free of cost

Holiday Period: Yes, deferment options available

Salaried/Self Employed: Only salaried can apply

Documents Required

Salary transfer certificate in favor of CBD Bank.
Original 3 month salary bank statements.
Valid Passport, Visa and Emirates ID copy.
Proof of current liabilities as required by Bank.

Additional Info

All info mentioned can change at any point in time as per the discretion of the bank. The Bank will determine eligibility. All info above is subject to change.
Reducing rate is converted into Flat rate as per 4 years calculation.
Terms and conditions apply.