What are the benefits of ADIB Debt Settlement?
The benefits of ADIB Debt Settlement are designed to provide financial relief and flexibility:
📍 Competitive Profit Rates: Enjoy attractive profit rates, making your repayments more affordable.
📍 High Financing Amounts: UAE nationals can access up to AED 3 million, while expatriates are eligible for up to AED 1 million.
📍 Flexible Payment Options: Benefit from up to two installment postponements annually and a grace period of up to 210 days before your first payment.
📍 Complimentary Pre-Approved Covered Card: Receive a free pre-approved Cashback Visa Covered Card to enhance your financial flexibility.
Who is eligible to apply for this loan?
To take advantage of the benefits of ADIB Debt Settlement, applicants must meet the following criteria:
✔ Nationality: Available to both UAE nationals and expatriates.
✔ Age: Applicants must be between 21 and 65 years old
✔ Employment: A minimum monthly salary of AED 5,000 is required, with salary transfer to ADIB
✔ Employment Tenure: Applicants should have completed a minimum of six months in their current job
What are the applicable fees?
Understanding the associated fees is crucial when considering the benefits of ADIB Debt Settlement:
✔ Processing Fee: 1% of the finance amount (minimum AED 500, maximum AED 2,500) plus VAT.
✔ Early Settlement Fee: 1% of the outstanding amount or AED 10,000, whichever is lower.
✔ Takaful Coverage (Optional): 1.25% of the finance amount
A word of advice for you!
While the benefits of ADIB Debt Settlement are compelling, it’s essential to assess your financial situation carefully before proceeding. Consolidating debts can simplify repayments and potentially reduce monthly obligations, but it’s crucial to ensure that new financing aligns with your long-term financial goals.
Before applying, evaluate your current financial commitments, income stability, and future financial plans. Engaging with a financial advisor can provide personalized insights, helping you make informed decisions that support sustained financial well-being.
Click and apply now for the benefits of ADIB Debt Settlement!
Ready to take control of your finances? Click the link below to learn more about the application process, eligibility criteria, associated fees, and how the benefits of ADIB Debt Settlement can pave the way to a more secure financial future.