ADIB – Debt Settlement for Expats
Minimum Salary
AED 0
Monthly Payment
AED 0
Salary Transfer
Yes
Flat Rate
3.72%

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Features

  • Flexible Repayment Options: Choose a repayment plan that suits your financial needs.
  • High Finance Amount: Significant loan amounts available.
  • No Installment for the First Three Months: Initial three months without payments.
  • Free Cashback Credit Card for the First Year: Complimentary cashback card during the first year.
  • Option to Postpone Two Payments Per Year (Free): Ability to defer two payments annually without cost.
Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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