Noor Personal

Every once in a while, when you might dream of giving yourself a treat, want to go on holiday, or want to buy something for your family, Noor Personal is the answer.

With Noor Islamic Bank’s Shari'a compliant Personal Finance, the possibilities are infinite. We provide financing solutions to buy or acquire goods & services that address your personal needs.

Noor Personal comes with the following benefits: 

  • Maximum finance of up to AED 250,000 for Salaried customers

  • Maximum financing tenure up to 60 months for Expats & 84 months for UAE Nationals

  • Competitive profit rates

  • No hidden charges

  • Competitive processing fee

  • First installment due after a minimum of 30 days from booking

  • Simple documentation and quick approvals

We also offer a wide variety of product options and variants under our Noor Personal umbrella:

  • Pull Over finance facility from conventional banks

You can now make Noor Islamic Bank your bank of choice by transferring all your liabilities to us and benefitting from enhanced finance amounts at unbeatable rates.

  • Second/Top-up finance option

This feature allows you to not only bring your finance amount back to original after 12 months of pay-down, but also make use of additional finance anytime after the first finance if full eligibility was not availed the first time, or financial situation has improved.

  • Islamic Covered Drawing Facility

Salary ICD is a convenient offering under Personal Finance, available to all salaried customers working for approved companies for emergency financing needs, whereby the finance amount (maximum of AED 50,000) is disbursed to the salary account in the form of an ICD line.

  • Secured Personal Finance

Personal finance against Term Deposits is a document free option allowing you to obtain up to 90% of pledged deposits with quick approvals.

Eligibility

  • Age: 21 years and above

  • Minimum Salary requirements are:

    • AED 5000 if Salary is transferred to Noor Islamic Bank

    • AED 10,000 if Salary is transferred to other bank

  • Length of service requirements are:

    • Earlier of 6 months or Confirmation

  • Only for a Noor Islamic Bank Approved Companies and Salaried individuals *

Documentation Requirement

  • Application Form

  • Passport Copy (with Residence Visa for expatriates)

  • Salary Certificate

  • Statement of Account for a minimum of 3 months

  • Quotation addressed to Noor Islamic Bank (For goods & services financing only)

How to apply?

Visit any of our branches or contact us on 800 Noor (800 6667)

* Approval is subject to terms and conditions