Rent Finance Loan

Key facts

 

  • Easy loan tenure of maximum 12 months

  • Multiple ways of repayment through post dated cheques or from your salary account with Barclays

 

 


 

 

Fees and Charges

We try to keep our fees to a minimum and regularly benchmark our fees with those of our competitors to ensure you get a competitive loan offer.


Fees and Charges


Interest Equivalent to one instalment
Optional Insurance charges 0.25% p.a.
Late Payment Fees 2% on overdue amount with minimum AED 50.00 and maximum AED 200.00
Liability / No Liability / Clearance Certificate AED 100
Loan Cancellation Fees AED 100


Prepayment Fees (Full / Partial - charged on the outstanding amount)


Through own resources 1%
Through End of service Benefits 1%
Through a top-up loan 1%
Through debt consolidation (another loan from Barclays) 1%
Through another banks facility 1%