Need a personal loan without a salary transfer and with a low repayment amount?
Get a Personal Installment Loan up to AED 120,000 without a salary transfer:
Loans of up to 8 times your salary
Easy repayment plans, spread over a maximum of 60 months
Simple documentation
Multiple modes of repayment
Pay as little as AED 299 per month for a personal loan of AED 10,000*
Requirements:
Minimum income of AED 5,000
Current dated Salary Certificate (3 months on current job)
Last three months bank statements (with Salary Transfer)
Passport Copy / Labour Card Copy
Post dated Checks
Take your dream holiday, furnish your home, pay your children's school fees or meet an emergency with the Personal Installment Loan and pay in convenient monthly
installments.
Insurance Coverage:
Citibank requires your loan to be covered by life insurance, which will repay the outstanding loan balance in case of the borrower's death and permanent total disability. This product features pre-approval and guaranteed insurance coverage provided by ALICO. There are no medical examinations required. This is a built in insurance feature to protect the loan outstanding amount in case of loss of life. A maximum premium of 2.66% on the loan amount will be added to the loan amount and loan insurance premium outstanding will be settled against the pre-payment penalty in cases of pre-mature loan closures for such coverage unless customer assigns his/her existing life insurance policy. Click_here for more details.
All Loans are subject to Citibank approval. Terms and Conditions apply and are subject to change without prior notice. They are available upon request and on the website. Interest rate (maximum applicable rate is 26% per annum calculated on reducing balance) fees and charges apply and are subject to change without prior notice. All obligations pertaining to products offered are payable solely at and by Citibank N.A., subject to the laws of UAE (including any governmental actions, orders, decrees and regulations).
*Calculated at 26% interest p.a. on a reducing balance for 5 years.