Get a high Cash Loan amount with no salary transfer required at competitive interest rates, with RAK Bank Cash Loan
Minimum Salary
AED 5000
Interest Rate
10.86% Reducing
Salary Transfer
Not Required
If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.
Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.
Please use Gulf Finance’s EMI Calculator for further details.
Arrangement Fee: 1% of the finance amount
Get a high Cash Loan amount with no salary transfer required at competitive interest rates, with RAK Bank Cash Loan
If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.
Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.
Please use Gulf Finance’s EMI Calculator for further details.
Arrangement Fee: 1% of the finance amount
