Contact Details:
Amjad Abdul Haq
Mortgage Officer
UAE: +971 2 40 61962
Abu Dhabi Commercial Bank
One of the United Arab Emirates largest full-service retail and commercial banks, has unveiledits new corporate campaign under the tag line ‘’LONG LIVE AMBITION‘’. It is targeted to a broadgroup of UAE nationals and expatriates, and establishes a platform of creativity using the newpositioning statement. ADCB currently has more than 50 branches in the UAE and 2 in India anda network of over 230 ATMs across the UAE.
Applicants
UAE nationals & UAE residents
Conventional and Islamic finance available
Loan to value
85% for salaried, 70% for self employed
Interest rate
5.99% Fixed for the first year,Variable rate thereafter
Loan tenor
25 years
Processing fees
0.5% of loan amount subject to a Maximum of AED 50,000
Early settlement fees
0% beyond 5 years, 0.75% between 3-5years and 1.50% between 0-3 years
Life insurance
Optional
Evaluation fees
AED 3000
Contact details: SMS “HOME” to 2626 or call 800 20 30
Terms and conditions apply
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ADIB
Abu Dhabi Islamic Bank was established on 20th May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture on 18th April 1999. ADIB has rapidly expanded its network to 60 branches and ATM network to 256, and has extended branch opening hours in our in-mall branches and even introduced a 24-hour branch at the Abu Dhabi Airport. ADIB has just launched an upgraded version ofe-ADIB Internet banking to help you bank with us online more safely and conveniently.
Applicants
UAE nationals & UAE residents
Finance to value
85 % for salaried, self employed product is also available
Refer up to 10% of the purchase price aspart of your down payment till handover
Profit rates
Starting from 5.5%
Finance Tenures
Up to 25 years
Processing fees
Zero Fees
Early purchase price
3%
Life insurance
Mandatory with an Islamic Takaful company
Special bonus
100,000 Etihad guest miles
Contact details: SMS “HOME” to 2400 or call 800 22 88 or email:
Terms and conditions apply.
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National Bank of Abu Dhabi
National Bank of Abu Dhabi (NBAD), was incorporated in 1968 and has a network of more than 80 branches in the UAE in addition to cash offices that are spread out at remote locations.
EXCLUSIVE OFFER FOR TDIC
Applicants:
Salaried applicants (UAE Nationals / UAE Residents)
Loan to Value:
Up to 85% for Abu Dhabi properties
Interest rate:
Starting at 6.99%
Ready for Possession properties: Base + 1%
Off-Plan properties:
Base + 1.5%
Max Loan Tenor:
Subject to repayment before 65th birthdayUp to 25 years for UAE nationals. Up to 20 years for Expats Processing Fees:0.75% of loan amount
Early Settlement Fees (through customer’s own resources):
Settlement in the 1st 3 years – 3% (max 100 k)
Settlement after 3 years – 3% (max 50 k)
Life Insurance & Property Insurance
Mandatory
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Mashreq
Mashreq has provided banking and financial services to millions of customers and businessessince 1967. It is the largest private bank in the United Arab Emirates (UAE) with a growing retail presence in the region including Egypt, Qatar, Kuwait and Bahrain.Mashreq’s branch network extends across the UAE with one in every two households in theUAE banking with us. It also has customer service centers in key retail locations and one ofthe largest ATM networks in the country. It also has 12 overseas offices in nine countries,including Europe, US, Asia and Africa.
Applicants
UAE nationals & UAE residents
Loan to value
Up to 80% for salaried and self employed
Interest rate
5.49 % fixed for 24 months & thereafter shall be MPR + spread, with Nil processing fees. 5.25 % fixed for 24 months & thereafter shall be MPR + spread, with 0.5% processing fees 4.99 % fixed for 24 months & thereafter shall be MPR + spread, with 0.5% processing fees
Loan tenor
25 years
Early settlement fees
1% of the outstanding balance before2 years of loan, thereafter NIL
Evaluation
Mandatory for primary and secondary deal
Evaluation fees
AED 2500
Life and property insurance
Mandatory
Contact details: 02-6274737
Terms and conditions apply.
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Standard Chartered
Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world’s most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years. With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for around 85,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank’s heritage and values are expressed in its brand promise, ‘Here for good’.
Applicants
UAE nationals & UAE residents
Mortgage type
Conventional Loan to value Up to 75% for salaried and self employed Interest rate 5.85% p.a Standard Chartered base rate(SCBLR) + 3.85% (SCBLR is currently 2%)
Loan tenor
Up to 25 years
Processing fees
1% of loan amount
Early settlement fees
If settled from own funds: 2% in first 3 years from date of 1 disbursement 1% in years 4&5 and 0% from 6 year .If loan is transferred to another bank: 5%.
Life & Property Insurance
For all loan applications
Property Evaluation
Mandatory
Home suite benefits:
If your mortgage is approved:
• Free pre approved credit card
• Pre approved personal loan for salaried customers upon request
• Current account with no minimum balance requirement
• Free online banking
Terms and conditions apply.
All loans are granted at the sole discretion of Standard Chartered bank.
Standard mortgage is also available. For more information email us at
