Dubai Islamic Bank (DIB) Personal Loan decisions are best made when they’re simple, stress-free and focused on you. Enjoy quick and easy access to funds with simple documentation and high approval amounts.
Submit your review
Comparatively good rate of interest as per the market. Nice
Eligibility and Criteria
Minimum Salary must be AED 3000 or Above.
Al Islami Personal Finance is offered to customers who work for a DIB-approved company and transfer their salary to DIB.
Applicant should completed 6 months in the Company or should be a confirm Employee.
Under a Sharia-Compliant structure and documentation. AECB consent form is mandatory.
Rates and Fee
Profit rate starting from 10.92% Reducing.
Processing Fee is from AED 1050 to AED 2620.
Insurance Fee at Bank Discretion.
Early Settlement Fee 1%.
Copy of Passport (with residence visa for expatriates)
Copy of Emirates ID
Salary and End of Service Benefit Transfer Letter/Certificate from the employer
Statement of Account for minimum 3 months in case of salary transfer to another bank (6 months for self employed professionals/ businessmen)
Copy of valid trade license (for self employed professionals/businessmen)
Maximum Loan amount can be availed upto 4000000 for UAE Nationals and 2000000 for Expatriates.
Maximum Tenure of repayment is upto 48 Months.
Salary Transfer to Dubai Islamic Bank is Mandatory.