Statement of Charges

Most of the Charges are applicable only based on the need of the loan application and applicant. 

Fee Type Charges [USD] Charges [AED]
Documentation Charges
136.24
500
Processing Charges
2% of Principal
2% of Principal
Liability Certificate
136.24
500
Monthly Statement Charges
68.12
250
AECB Charges
27.25
100
Early Settlement/Prepayment
3% of Prepaid Amount
3% of Prepaid Amount
Accounts Closure/No Dues Letter
136.24
500
Expired Documentaion Fees
136.24
500
Return Cheque/DDS
68.12
250
Repayment Schedule
68.12
250
Late Payment Penalty
2% of Late Payment per month
2% of Late Payment per month

All Charges are inclusive of VAT