"The object of education is to prepare the young to educate themselves throughout their lives." Robert Maynard Hutchins 1899 – 1977
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Home > Admissions > ADCB Banking on Education
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ADCB Banking on Education |
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ADCB Education Loans
ADCB Education loan is an unsecured installment loan, which lets you convert school fees into easy EMIs without the commitment of salary transfer from the employer.
Benefits
- Defined repayment plan
- Lower rate of interest
- Longer repayment tenor
- Benefit from special offers & campaign
Criteria
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Minimum Income
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AED 8,000
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Minimum Length of service (LOS)
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3 months or confirmation whichever is earlier
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Minimum Loan
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AED 5,000
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Maximum Loan
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Up to AED 150,000 ( without salary transfer )
Up to AED 250,000 ( with salary transfer )
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Tenor
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Minimum tenor 6 months
Maximum tenor of 12 months
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Documentation
- Application form
- Passport copy and visa page
- Salary Certificate
- Offer Letter or Invoice copy from school
- Latest 3 months Bank Statement
To find out more about the ADCB Education Loan please call Mr. Sabish on 050 4187565 or SMS “Education” to 2626
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