Salary Transfer Loan
Salary Transfer Loan
This loan is an unsecured loan taken by individuals from a bank or a non-banking financial company (NBFC) on the basis of their salary for their personal needs.
Description
Salary Transfer Loan comes under the category of salary transfer to a particular bank by specifying the gratuity & EOSB clause. The interest-rate is normally low for these type of loans.
Eligibility Criteria
Salary: 5k & above
Age: 21 to 60 years
Length of service: 6 months or confirmed.
Company: Only listed companies with Banks
AECB: Existing credit history is preferred, though not mandatory.
Mandatory Requirements
A valid copy of passport, Resident Visa and Emirates ID
Salary transfer letter.
3 months bank statement
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