|Minimum Salary||Salary Transfer||Islamic Finance||Maximum Term||Flat Rate||Reducing Rate|
|ADCB - Personal Loan for Expatriats||Minimum Salary: AED 5,000||Salary Transfer: Yes||Islamic Finance: No||Maximum Term: 0 Years||Flat Rate: 3.45%||Reducing Rate: 6.21%|
Delivering on our promise to develop products and services that cater to all sections of the community, we have designed flexible, low-cost loan packages for expatriates residing in the UAE. *
- Highest salary multiples *
- Longest repayment periods
- Low interest rates
- Consolidation of loans available
- Simple documentation
- Credit Life Insurance
- Free ADCB Credit Card
Additional InformationPlus up to 2 times salary overdraft * TouchPoints Awarded on Loan Amount (AED 50,000 and above):
- 200 TouchPoints will be earned for every AED 1,000 of loan amount, when net loan amount is AED 150,000 or less
- 300 TouchPoints will be earned for every AED 1,000 of loan amount, when net loan is above AED 150,000
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.