Fees and Charges

Minimum Rate of interest Not Applicable
Maximum Rate of interest Not Applicable
Minimum Processing Fees AED 250
Maximum Processing Fees AED 500
Optional Insurance charges AED 250
Other charges One months instalment amount as an upfront fee
Instalment Postponement Fees Not Available
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 NIL
Through debt consolidation (another Barclays Loan) 2.00%
Through another bank's facility 5.00%