Fees and Charges

Minimum Rate of interest 11.99%
Maximum Rate of interest 22.99%
Minimum Processing Fees AED 750
Insurance charges 0.5% per annum
Other charges AED 15 per cheque as PDC handling charges
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
   
Prepayment Fees
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%