Ajman Bank Take Over Finance

  •   Deal Expired
  Min SalaryAED 20,000
Salary TransferYes
Max Finance AmountAED 4,500,000
Arrangement Fee1%
Flat Rate (est. equivalent)From 3.44% p.a.
Reducing Rate (As Advertised)From 6.25% p.a.
Early Settlement Fee1%



  • This is a debt consolidation loan for UAE Nationals
  • Fast processing, minimal documentation and finance up to AED 4,500,000


  • This finance is sharia-compliant.
  • Finance repayment period is up to 300 months
  • You require a minimum salary of AED 20,000 per month to be eligible.
  • It is a requirement to transfer your salary to apply
  • The arrangement fee is 1% of the finance amount (min AED 500 and Max AED 2,500).
  • The early settlement fee on this finance is 1% of the remaining balance up to a max amount of AED10,000
  • Takaful is offered free of cost.
  • The rate starts at 6.25% per annum based on a reducing balance. It will vary depending on customer profile.
  • The reducing rate of this finance is 6.25% and the equivalent flat rate is 3.44%. The calculation used is a division of the reducing rate by 1.814 and this is indicative only.
  • This rate is calculated on a reducing balance

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Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. The first Islamic bank incorporated in the Emirate of Ajman, the Bank was established … see more..