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Salient Features |
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Target Group: |
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Salaried Individuals
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Purpose: |
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For Salaried Indiividuals |
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Eligibility: |
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- Salaried Employees who are in regular and confirmed employment in organized sector/large establishment companies/ Gov't department for atleast one year
- The applicant should be an account holder of the branch
- Atleast one month's salary should have come from the employer to the credit of applicants account
- Salary per month should be AED 10000/-
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Nature of Facilities: |
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Overdraft for 12 months subject to annual review |
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Loan Amount: |
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One Month Salary |
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Interest Rate*: |
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Maximum up to 16% |
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Processing Charges*: |
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- Processing charges are 2% of loan amount
- Additional 0.50% of loan amount would be charged for accident insurance
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Documents to be Obtained: |
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- Personal data form
- Photocopy of passport
- Photocopy of Visa
- Photocopy of personal bank account statement
- One photograph
- Photocopy of work permit
- Original salary certificate
- Undertaking from employer to transfer salary and terminal benefits to our bank
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For
Further details |
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Retail Banking Shoppe
Bank of Baroda
Dubai main Branch, Bur Dubai, UAE
Tel: 04-3136603, 3534390,3540041
Email:
dubairetail@bankofbaroda-uae.ae
Products also available at branches
Abudhabi: 02-6330244 Deira: 04-2287949
Sharjah: 06-5684231
Al Ain: 03-7519880 Ras Al Khaimah: 07-2229293 |
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Apply for
Online Sanction |
Download
Application Form |
