Loan On Phone (LOP)
The best ‘Loan-On-Phone’ program in the UAE.
Program Details:
Interest rates are as below:
| Tenure |
Monthly Interest Rate |
| 3 months |
1.99% |
| 6 months |
1.49% |
| 9 months |
1.29% |
| 12 months |
0.99% |
- Processing fee: 2% or AED 200 (whichever is higher) per application.
- Early Closure Fee: 1% or AED 100 (whichever is higher) per application.
- Minimum Amount: AED 2500.
- Max amount (% of limit): 80% of the available limit*
- Customer can avail multiple Loans on phone, but the total LOP amount should not be more than 80% of the available limit.
The customer’s monthly payment will be adjusted in the following steps:
- EPP / LOP Transactions.
- BT Transactions
- Retail Transactions
*Terms & conditions apply
