| Minimum Rate of interest |
11.99% |
| Maximum Rate of interest |
22.99% |
| Processing Fees |
1% of the loan amount |
| Minimum Processing Fees |
AED 750 |
| Maximum Processing Fees |
AED 2,500 |
| Insurance charges |
0.5% per annum |
| Other charges |
AED 15 per cheque as PDC handling charges for non salary transfer loans |
| Instalment Postponement Fees |
AED 200 |
| Returned cheque charges |
AED 250 |
| Late Payment Fees |
AED 250 |
| Penal interest charge |
+3% of the rate on the overdue amount |
| |
|
 |
| Through own resources |
2.00% |
| Through End of service Benefits |
0.25% |
| Through a top-up loan |
1% |
| Through debt consolidation (another Barclays Loan) |
2.00% |
| Through another bank's facility |
5.00% |
