Personal finance program for employees in the governmental sector:
Conditions:
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Should be 22 years and above
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Minimum net salary of AED 2000
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Period of service is not required
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Finance amount is granted to the customer based on the employment contract period or end of service allowance provided that the funding amount does not exceed AED 300,000
Features:
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Approved by Ajman Credit Union’s Sharia Committee
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Competitive profit margin rates
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Instant initial approval
Personal Finance Program for military sector:
Conditions:
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Should be 18 years and above
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Minimum net salary of AED 2000
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12-months service period for those whose salary is between AED (2000 – 4999)
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3-months service period for those whose salary is AED (5000) and above
Features:
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Approved by Ajman Credit Union’s Shari’a Committee
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Competitive profit margin rates
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For salary transfer financing, all outstanding balance will be waived in case of customer’s death (may God forbid)
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Repayment period is up to 60 months
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Instant initial approval
Personal Finance Program for private sector and large corporations employees:
Conditions:
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Should be 22 years and above
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Minimum net salary of AED 5,000
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Minimum 3 months of service period
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Finance amount up to AED 300,000
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Finance amount is granted to the customer based on the employment contract period or end of service allowance
Features:
-
Approved by Ajman Credit Union’s Shari’a Committee
-
Competitive profit margin rates
-
Instant initial approval
Personal Finance Program for employees of non-approved companies list:
Conditions:
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Should be 22 years and above
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Minimum net salary of AED 8000
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Minimum period of service is 6 months
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Finance amount is granted to the customer based on the employment contract period or end of service allowance
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Salary transfer to Ajman Credit Union through SARIE system
Features:
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Financing of up to AED 200,000
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Repayment period is up to 36 months
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Approved by Ajman Credit Union’s Sharia Committee
-
Competitive profit margin rates
-
Instant initial approval
Personal Finance Program for professionals:
Ajman Credit Union provides finance solutions for Non U.A.E professionals such as executive managers , engineers, lawyers, pharmacists and health specialists.
Conditions:
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Minimum period of service of 3 months
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Minimum net salary of AED 5,000
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Granting the finance amount is not related to the end of service allowance
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Loan repayment period is up to 36 months and loan amount AED 300,000 maximum