Deem Personal Loan

Minimum Salary
5.000,00 د.إ

Flat Rate
AED 9.01%

Reducing Rate
15.99 %

Maximum Term
4 Years

Monthly Payment
AED 2,418

Description

Chasing your dreams is now easier with Deem personal loans. So, breathe easy with affordable instalments that won’t hurt your pocket.

Major Advantages: Attractive interest rates, Fast approvals, Simple and hassle-free documentation

Points to Consider: You should be a confirmed employee to apply for this finance

Features

Features/Benefits:

Minimum Salary Requirement: AED 5,000

Reducing Rate (as advertised): 15.99% p.a. to 34.99% (It can vary with the profile of the customer)

Flat Rate: 9.01% p.a. (as per 4 years calculation)

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

Islamic Finance: No

Maximum Term: 4 Years (5 Years for UAE Nationals)

Salary Transfer: No

Insurance: Deem Credit Life Plus is an embedded program which gives the customer benefits in case of Death and Permanent Total Disability. Enjoy exclusive benefits, requests handled on priority, 24-hour assistance and complimentary account statements.

Salaried/Self Employed: Salaried Only

Documents Required

Passport copy & Visa copy
Emirates ID copy.
Last 3-6 months bank statements.
Recent payslips/ Income documents.
Proof of residence.

Additional Info

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