Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Loan Against Fixed Deposit
|
Personal Loan
|
|---|---|---|
| Loan maturity | — | — |
| Applicant Age | UAE National or Expat aged between 21 and 70 years | — |
| Monthly Installments | — | — |
| Markup Rate(Fixed) | — | — |
| Financing limit | — | — |
| Repayment tenure | Flexible repayment period up to 48 months | Flexible repayment period up to 48 months |
| Life insurance coverage | — | — |
| Financed Amount | ||
| Security Deposit | ||
| Minimum monthly income (Salary, ) | AED 8,000 | |
| Eligibility | UAE National or Expat aged between 21 and 70 years / maintain average monthly balances of a minimum of AED 225,000 with CBD | UAE National aged 21-65 at loan maturity, or Expatriate aged 21-60 at loan maturity; confirmed employee or minimum six months length of service with a CBD approved employer; total monthly inc |
| One-time Processing Fee | — | — |
| Annual Charges | — | — |
| Limit enhancement fee | — | — |
| Late payment charges | — | — |
| Loan Category | — | — |
| Maximum Tenure | — | 48 months — CONFLICT on the same page. Features section: 'Flexible repayment period up to 48 months for expats, 60 months for UAE nationals'. FAQ section: '48 Months, as stipulated by the Cen |
| Tentative rate | — | — |
| Additional Benefits | High Loan amount up to 90% of the value of your Fixed Deposit or AED 20 Million (whichever is less) for FD held with CBD | — |
| Free Insurance & Processing Fee | — | — |
| Interest Rate | — | Competitive interest rates |
| Loan Amount | — | AED 2,500,000 — 'Maximum loan amount is 20 multiples of your monthly salary or up to AED 2.5 million for UAE Nationals, up to AED 1.5 million for Armed forces, up to AED 1 million for pension |
| Card/Cards | — | — |
| Borrrowing Amount | — | — |
| Educational Loan | — | — |
| Return Policy | — | — |
| Deferment Conditions | 2- Installment deferments in a year. | Deferment facility |
| Flat rate | — | — |