No. | Description | Fees/Charges |
---|---|---|
1 | Processing Fees | 1% of the loan amount (minimum AED 500; maximum AED 2,500) |
2 | Early Settlement Fees | 1% of the outstanding loan |
3 | Delayed Payment Penal Interest | 2% of the delayed amount (minimum AED 50; maximum AED 200) |
4 | Liability Letter | AED 100 |
5 | Loan Rescheduling Fees | AED 250 |
6 | Interest Rate | 10% to 16% p.a. |
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