Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Home Loan Provided By Arab
Features of Arab Home Loan
- Competitive interest rates starting from 3.49%*
- Financing up to 75% of the property value
- High loan amount up to AED 5.5 million
- Convenient loan tenure up to 25 years
- Preferential insurance rates
- Housing Loans buy– out facility
- Free Arab Bank Visa Credit Card for the first year
- Quick loan application processing time
- Dedicated sales team - ready to serve you at your convenience
- Auto subscribe to Elite – privilege banking service.
Documents Required of Arab Home Loan
- Valid national ID and valid passport with valid Resident visa (for residents)
- Recent utility bill in the name of the client e.g. electricity, telephone or rental contract
- Latest Salary/Income/Employment verification document
- Property purchase and sales agreement / contract
- Ownership certificate of the financed property
- Proof of Down payment
- Bank statement
Arab Home Loan Interest rates
2 Arab Bank Home Loans
Housing Loan
Features
- UAE Nationals and Expats are eligible
- Home Finance is provided at a fixed interest rate of 1.92%
- Minimum salary of AED 15000 is required
Features
- UAE Nationals and Expats are eligible
- Minimum salary of AED 15000 is required
- Home Finance is provided at a fixed interest rate of 1.92%
- Home Finance is provided on a reducing interest rate of 3.49%
- Salary transfer to Arab Bank is required
- Maximum loan amount provided is AED 5500000
- Favorable insurance rates
- 1% of the total loan amount is charged as processing fees
- The loan is provided for a maximum tenure of 25 years
- 25% of the property value should be paid as the down payment
- 1% of outstanding loan amount is charged on early settlement
Benefits
- Low-profit rates
- Upgrade to elite banking services on approval of the loan
- Can get a free Arab Bank Credit Card for one year
- Provides best customer service by satisfying the requirements of the customers
- Low insurance rates
- The high amount of finance is provided
- Quick approval of the loan
Non Resident Housing Loan
Features
- Expats from Jordan, Palestine, and Lebanon are eligible
- Home Finance is provided at a fixed interest rate of 3.85%
- Minimum salary of AED 15000 is required
Features
- Expats from Jordan, Palestine, and Lebanon are eligible
- Minimum salary of AED 15000 is required
- Home Finance is provided at a fixed interest rate of 3.85%
- Home Finance is provided on a reducing interest rate of 6.99%
- Salary transfer to Arab Bank account is not required
- Maximum loan amount provided is USD 500,000
- Getting your property insured is not mandatory
- 1% of the total loan amount is charged as processing fees
- The loan is provided for a maximum tenure of 20 years
- 25% of the property value should be paid as the down payment
- 2% of outstanding loan amount is charged on early settlement
Benefits
- Provides good customer assistance
- Salary transfer is optional
- Provides finance to purchase a property in Jordan, Palestine, and Lebanon
- Complimentary Credit Card is provided
- Quick processing
- Competitive insurance rates
About Arab
With over 600 branches across five continents, Arab Bank is the largest global bank in UAE. It is headquartered in Amman, Jordan. Arab Bank is also present in key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney, and Bahrain. The bank operates on the following pillars of values:
- Trust
- Commitment
- Corporate responsibility
- Service Excellence
- Customer Focus
- Empowerment
- Teamwork
- Transparency.
Get in touch with Arab Bank Customer Care