12 Month Bank Loan

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tramanathan01978 3 Rep. elliemartin1 edited question

I am thinking about taking out a loan, I would like around 30,000 AED and to repay it over 12 months. Is this a realistic amount and repayment time?

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Tom 1.09K Rep. Tom answered

Yes that seems a reasonable amount.

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    workfortheman 83 Rep. workfortheman answered

    yes i think you can do it just make sure you have enough to cover it :)

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      ahmad 6 Rep. Tom edited answer

      As long as you are in a position where you can afford to payback not far off 3000AED a month

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        yallacompare 62 Rep. yallacompare answered

        It is possible, all of the banks offer 12 month repayment terms providing you can afford the monthly repayments.

        Obviously you would need to meet the standard requirements such as salary and length of service.

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