Noor Bank Personal Finance – For Expats

    Min SalaryAED 5,000
    Salary TransferYes
    Max Finance AmountAED 1,000,000
    Arrangement Fee1%
    Flat Rate (est. equivalent)2.49% p.a.
    Reducing Rate (As Advertised)4.93% p.a.
    Early Settlement Fee1%



    • Second finance and enhancement options available
    • First year free credit card
    • Maximum finance amount of AED 1,000,000
    • Payment holiday of up to 3 months


    • This finance is sharia-compliant.
    • Up 20 multiples of monthly income with maximum AED 1 Million. Maximum financing tenure up to 48 months.
    • You require a minimum salary of AED 5,000 per month to be eligible.
    • It is a requirement to transfer your salary to apply. If your salary is above AED 10000, it is not a requirement to transfer your salary but the profit rate will be higher.
    • The processing fee is 1% of finance amount [Min AED 500; Max AED 2,500].
    • The early settlement fee for this finance is 1% of the outstanding amount (principal + profit) to date. The bank has the discretion to waive any or all of the total outstanding profit.
    • The insurance is mandatory.
    • The profit rate varies depending on customer income and employer profile.
    • The flat rate of this finance is 2.69% and the equivalent rate in reducing balance is 4.93%. The calculation used is a multiplication of the flat rate by 1.83 and this is indicative only

    Noor Bank - Dubaisavers

    More deals from Noor Bank 

    Noor Bank (formerly Noor Islamic Bank) was established in January 2008, in Dubai – United Arab Emirates. In a short period of time, Noor Bank has grown considerably, and now provides a comprehensive … see more..

    Similar Offers

    See all Card Offers Deals  See all Money Deals