ADIB
ADIB
ADIB
Abu Dhabi Islamic Bank (ADIB), a top-tier financial institution is offering personal finance of up to AED200,000 at a zero profit rate to help cover transaction costs associated with buying a property.
The offer is being launched this week at the Cityscape Abu Dhabi property exhibition, where ADIB has a prominent stand; the offer will be available until the end of May.
With confidence returning to the UAE real estate market, ADIB has enhanced its home finance offering, responding to customer’s demands for new products and making the process of purchasing a home much easier.
The latest offer is for customers who take home financing from ADIB, and is limited to 10 percent of the value of the home financing package up to a maximum of AED 200,000.
“When people find the home they want, they often only look at the price tag and forget that there are many other costs involved, such as commission and solicitors’ fees. This type of short-term financing offer from ADIB should relieve some financial pressure on homebuyers,” said Jamal Alvi, Business Head of Assets, Retail Banking, ADIB.
He also said “ADIB is now providing the complete package, and making the process of applying for home financing simpler and more transparent, while maintaining a strict approval criteria. We will also provide our customers with advice on affordability when buying a home and general budgeting, to ensure they do not overstretch themselves financially.”
In addition to the best home finance offering in the country as described by SouqAlMal.com and what it has to offer such as free property TAKAFUL paid by ADIB, optional up to 6 month payment holiday, no processing fees on most of our products, no early settlement charges when selling your property to name a few.
With the UAE residential sector outperforming most real estate markets in the world last year, ADIB launched new home finance options to meet the demands of the customers. It now offers home finance options to customers not residing in the UAE to either purchase or release cash out of their own home with very competitive pricing and very easy and convenient underwriting. The bank also offers a home financing opportunity to finance a home in the UK. In addition, the bank has introduced an equity release option for property owners who would like to free up their capital that is trapped in the value of their home or land in Dubai and Abu Dhabi.
In the last few years, ADIB has been working closely with the Abu Dhabi government on the Sheikh Zayed Housing Programme, the Private Housing Loans Authority for Nationals and the Mohammed Bin Rashed Housing Establishment. Meanwhile, also for UAE nationals, the bank has sped up the contractor approval process, making it easier for development of land plots.
ADIB is an award-winning bank that has been named number one for customer service in the UAE by Ethos Consultancy for the past three years.
The bank operates as an ethical financial institution, offering high-quality products and services to its customers. ADIB recently launched a job-loss protection scheme, which suspends repayments on several financing products for up to six months in the unfortunate event of loss of employment.
The bank, which operates a network of nearly 80 branches, announced this month its acquisition of Barclays Bank’s UAE retail operations which is a perfect fit for its growth strategy as it expands into the UAE expatriate market.
The offer is being launched this week at the Cityscape Abu Dhabi property exhibition, where ADIB has a prominent stand; the offer will be available until the end of May.
With confidence returning to the UAE real estate market, ADIB has enhanced its home finance offering, responding to customer’s demands for new products and making the process of purchasing a home much easier.
The latest offer is for customers who take home financing from ADIB, and is limited to 10 percent of the value of the home financing package up to a maximum of AED 200,000.
“When people find the home they want, they often only look at the price tag and forget that there are many other costs involved, such as commission and solicitors’ fees. This type of short-term financing offer from ADIB should relieve some financial pressure on homebuyers,” said Jamal Alvi, Business Head of Assets, Retail Banking, ADIB.
He also said “ADIB is now providing the complete package, and making the process of applying for home financing simpler and more transparent, while maintaining a strict approval criteria. We will also provide our customers with advice on affordability when buying a home and general budgeting, to ensure they do not overstretch themselves financially.”
In addition to the best home finance offering in the country as described by SouqAlMal.com and what it has to offer such as free property TAKAFUL paid by ADIB, optional up to 6 month payment holiday, no processing fees on most of our products, no early settlement charges when selling your property to name a few.
With the UAE residential sector outperforming most real estate markets in the world last year, ADIB launched new home finance options to meet the demands of the customers. It now offers home finance options to customers not residing in the UAE to either purchase or release cash out of their own home with very competitive pricing and very easy and convenient underwriting. The bank also offers a home financing opportunity to finance a home in the UK. In addition, the bank has introduced an equity release option for property owners who would like to free up their capital that is trapped in the value of their home or land in Dubai and Abu Dhabi.
In the last few years, ADIB has been working closely with the Abu Dhabi government on the Sheikh Zayed Housing Programme, the Private Housing Loans Authority for Nationals and the Mohammed Bin Rashed Housing Establishment. Meanwhile, also for UAE nationals, the bank has sped up the contractor approval process, making it easier for development of land plots.
ADIB is an award-winning bank that has been named number one for customer service in the UAE by Ethos Consultancy for the past three years.
The bank operates as an ethical financial institution, offering high-quality products and services to its customers. ADIB recently launched a job-loss protection scheme, which suspends repayments on several financing products for up to six months in the unfortunate event of loss of employment.
The bank, which operates a network of nearly 80 branches, announced this month its acquisition of Barclays Bank’s UAE retail operations which is a perfect fit for its growth strategy as it expands into the UAE expatriate market.
Source:
Mubasher
