Service Ijarah

Wants to take family for a dream vacation? Or Wants to finance children education? Or suffering from an unexpected health condition? Or Needs advance rent? Or Want to finance your child´s wedding? Ajman Bank Personal Finance offers all of the above though Islamic structure of Service Ijarah;  a transaction where bank will purchase the service as requested by the customer and allow the customer, the right to use it and the benefits of the service for a predetermined period of time and in return the customer will pay a pre-determined agreed rent.

Features – (Except Education Finance and Hajj & Umrah Finance)

  • Up to AED 3,000,000 finance for UAE Nationals
  • Up to AED 1,000,000 finance for Expatriates
  • Minimum Salary of AED 6,500 for Expatriates & AED 8,000 for UAE Nationals
  • Repayment tenor of up to 4 years
  • Simple documentation
  • Quick processing

Terms & Conditions

Features –Education Finance

  • Up to AED 750,000 finance for UAE Nationals & Expatriates
  • Minimum Salary of AED 6,500 for Expatriates & AED 8,000 for UAE Nationals
  • Repayment tenor of up to 4 years
  • Simple documentation
  • Quick processing

Terms & Conditions

Features –Hajj & Umrah Finance

  •  Up to AED 300,000 finance for UAE Nationals & Expatriates
  • Minimum Salary of AED 6,500 for Expatriates & AED 8,000 for UAE Nationals
  • Repayment tenor of up to 4 years
  • Simple documentation
  • Quick processing

Terms & Conditions

Documents

  • Quotation of the required services addressed to Ajman Bank
  • Application Form
  • Passport (with Residence visa for expatriates)
  • Emirates ID Card
  • Salary Certificate / Salary Transfer Letter from the employer
  • 3 / 6 months bank statement

Please call 600555522 for more details.

 

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