How Calculation of Dubai Islamic Personal Loan

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Dubai Islamic Bank (DIB) calculates personal loans based on a number of factors, including:

  • Salary: The minimum salary requirement is AED 3,000. 
  • Finance amount: The maximum finance amount is AED 4 million for UAE nationals and AED 2 million for expatriates. 
  • Profit rate: The profit rate ranges from 5.99% to 21.99% per annum. 
  • Tenure: The minimum tenure is 6 months and the maximum is 60 months. 
  • Fees: There are a number of fees associated with a DIB personal loan, including a one-time documentation fee, a late payment donation, a credit appraisal and documentation fee, and early settlement charges. 

You can use the Dubai Islamic Bank personal loan calculator on their website to estimate your loan. To access the calculator:

  1. Go to the Dubai Islamic Bank website
  2. Click the More menu on the homepage
  3. Find the finance calculator and click on it

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