• +971 43396923
  • info@motivationbroker.com
  • Bait Al Nahda Building, Unit No- 301 Al Nahda 2, Dubai UAE
  • +971 43396923
  • info@motivationbroker.com
  • Bait Al Nahda Building, Unit No- 301 Al Nahda 2, Dubai UAE
Ajman Bank – Good Murabaha – UAE Nationals/Expatriates
Minimum Salary
AED 0
Monthly Payment
AED 0
Salary Transfer
No
Flat Rate
3.17%

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  • Types of Goods Financed:
    • Electronics & Home Appliances
    • Furniture
    • Yachts, Boats & Motorcycles
    • Building Materials & Machinery
    • Any goods not prohibited by Shariah
  • Finance Limits:
    • Up to AED 3,000,000 for UAE Nationals
    • Up to AED 1,000,000 for Expatriates
  • Eligibility:
    • Minimum Salary: AED 6,500 for Expatriates & AED 8,000 for UAE Nationals
    • Repayment Tenor: Up to 4 years
  • Benefits:
    • Simple Documentation
    • Quick Processing
    • Pre-Approved with Lifestyle Benefits
  • Required Documents:
    • Quotation of the Required Goods Addressed to Ajman Bank
    • Application Form
    • Copy of Passport (with Residence Visa for Expatriates)
    • Emirates ID Card Copy
    • Salary Certificate / Salary Transfer Letter from the Employer
    • 3 / 6 Months Bank Statement.
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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