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RAKBANK Business Finance

RAKBANK Business Finance

RAKBANK

SALARY TRANSFER

No

FIXED RATE

12.00%

MONTHLY SALARY

AED 50,000

REDUCING RATE

21.00%

  • Collateral Free Loan
  • Low Interest Rate
  • Express service

Salary Transfer Required?

No

Minimum Monthly Salary

AED 50,000

Fixed Rate

12.00%

Reducing Rate

21.00%

Max Loan Amount

3,000,000

Key Features

Net Banking, Phone Banking and  Telephone Banking  services available.

Reducing rate of interest starts from 21 to 25%.

Emirates NBD Loan for NRIs – Loan against (for) NRE Fixed Deposits

Emirates NBD Loan for NRIs – Loan against (for) NRE Fixed Deposits

Emirates NBD

SALARY TRANSFER

Yes

FIXED RATE

2.20%

MONTHLY SALARY

AED 5,000

REDUCING RATE

3.99%

  • For Salaried & Self Employed
  • Loan in AED against INR/AED Fixed Deposit

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 5,000

Fixed Rate

2.20%

Reducing Rate

3.99%

Key Features

  • Loan amount up to 90% of Fixed Deposit amount in AED and up to 80% for INR Fixed Deposit
  • Loan in AED against INR Fixed Deposit Personal Loans rate starting at 3.99%
  • Maximum tenor up to 48 months
  • Salaried and Self-Employed customers can avail this facility
  • 7-day Loan Return Option Double Insurance Coverage

Things To Be Aware Of

  • Customer to fund the 20% of the Fixed Deposit amount