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New to UAE / New to Employer

If you have recently moved to the UAE or you have just changed your employer; Mashreq Al Islami helps you to settle and meet your immediate personal finance needs with a Personal Finance within 24 hours at competitive rates and with a flexible repayment period.

You can use the funds to pay your annual rent, furnish your home, pay for children’s education or plan to cover upcoming living expenses.



Features & Benefits:

  • Finance amounts of up to AED 150,000
  • Competitive Profit rate
  • Comfortable repayment tenure of up to 48 months
  • Exciting bundled offers available with extra benefits
  • Simple documentation and quick processing


Eligibility

  • Minimum monthly salary requirement starting from AED 7,000 for Approved Companies & AED 10,000 for Unapproved Companies.
  • Salary needs to be transferred to Mashreq Al Islami / Mashreq
  • The finance installment along with the overall regular monthly installments should not exceed 50% of the monthly salary


Documentation

  • Valid Passport Copy with Valid residence visa for Expatriate
  • Valid Emirates ID
  • Salary Transfer Letter from employer as per Mashreq format or Salary certificate for Government / semi Government
  • Available Bank Statement or Latest 3 months Bank statement with salary credits
Terms & conditions apply

Takaful Terms & Conditions