i

This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our
Privacy Policy for more information

عربى
Loan On Phone

Loan On Phone (LOP)

 

The best ‘Loan-On-Phone’ program in the UAE.

 

Program Details:

 

6 months LOP: 0% interest

  • Minimum Amount: AED 2500.
  • Max amount (% of limit): 80% of the available limit*.
  • Early Closure Fee: AED 250 (whichever is higher) per application.
  • Processing fee: 3% or AED 300 (whichever is higher) per application.
  • Customer can avail multiple Loans on phone, but the total LOP amount should not be more than 80% of the available limit.
  • Available for all UAB conventional credit cards.

3, 9 and 12 months LOP:

  • Minimum Amount: AED 2500.
  • Max amount (% of limit): 80% of the available limit*
  • Early Closure Fee: 1% or AED 100 (whichever is higher) per application.
  • Processing fee: 2% or AED 200 (whichever is higher) per application.
  • Customer can avail multiple Loans on phone, but the total LOP amount should not be more than 80% of the available limit.
  • Available for all UAB conventional credit cards.

Interest rates are as below:

 

Tenure

Monthly Interest Rate

3 months

1.99%

9 months

1.29%

12 months

0.99%

 

The customer’s monthly payment will be adjusted in the following steps: - No clear on below

  • EPP / LOP Transactions.
  • BT Transactions.
  • Retail Transactions.

You can apply through:

  • Our Online Banking.
  • Our Mobile App.
  • Our helpline, call 800 474

*Terms & conditions apply.

TALK TO US TODAY

You can reach us using any of the following numbers

UAB Toll Free

800 474

International callers

+971 6 5987332

Sadara Toll Free

800 72 32 72

Sadara international

+971 6 5987333

welcome to UAB live
Please give us a few details and allow us to help you better
captcha