|Minimum Salary||Salary Transfer||Islamic Finance||Maximum Term||Flat Rate||Reducing Rate|
|ADCB Islamic - Ijarah Home Finance||Minimum Salary: AED 8,000||Salary Transfer: No||Early Settlement Fees: Yes||Maximum Term: 25 Years||Flat Rate: -||Reducing Rate: 3.25%|
Introducing property ownership through ADCB Islamic Banking Home Finance for completed properties and properties under construction. Together we can secure the right property for you and enhance your world with the stability you need.
- Open to UAE nationals, expatriates and salaried non-residents
- Extended tenures of up to 25 years
- Finance up to 85% of property value
- Attractive profit rates
- Fast and easy approval with simple documentation
- Convenient pre-approval facility
- No salary transfer required
- Earn TouchPoints for every AED 1,000 of your finance amount
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.