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Salary Transfer Loan

Salary Transfer Loan

It is an unsecured loan taken by individuals from a bank or a non-banking financial company (NBFC) on the basis of his salary to meet their personal needs ~ terms and conditions apply.

Overview

A loan availed under the criteria of salary transfer to a specific bank by specifying the gratuity & EOSB clause is called Salary transfer loan. Often interest-rate is low for such loans.

Eligibility Criteria
  • Salary: 5k & above
  • Age: 21 to 60 years
  • Length of service: 3 months or confirmed.
  • Company: Only listed companies with Banks.
  • AECB: Existing credit history is preferred, though not mandatory.
Mandatory Requirements
  • A valid copy of Passport, Resident visa, and Emirates ID.
  • Salary transfer letter/Salary certificate.
  • 3 months bank statement.
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We are a team of passionate fintech and Banking professionals with years of experience globally and banking experts with an array of financial product and services, operating to secure your all kinds of financial interest with the help of our expert support & solution.

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