Samba brings world-class financial products and customer service to the UAE. Our vast experience combined with modern innovation gives you a bright financial future. Samba Al-Khair Personal Finance for Salaried individuals offers a variety of options to give you financial freedom. Shari'ah compliance gives you peace of mind and with no need for salary transfer or a guarantor, you are always in control.
- Finance amounts up to AED 125,000
- Convenient repayment periods of up to 48 months
- Attractive interest rates
- No collateral or guarantor required
- Copy of valid passport (with valid residence visa for non-UAE nationals)
- Proof of income
- Direct Debit Form
- Copy of valid Emirates ID
- Salaried employees (Monthly income of at least AED 10,000)
** 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.