How much is the interest rate for Personal Loan and Car loan in Dubai banks?

sandeep n asked:


How much is the interest rate for Personal Loan and Car loan in Dubai banks?

What is the maximum available tenure for expats?

Karl

Tags: Maximum, Personal Loan, Tenure

This entry was posted on Wednesday, April 29th, 2009 at 8:17 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “How much is the interest rate for Personal Loan and Car loan in Dubai banks?”

1. Nav786* Says:
   May 1st, 2009 at 9:06 am

   Sheila

   With the UAE being an Islamic country, I dont think there is any interest on loans as under Islamic law interest is forbidden wether you give or receive it.

2. chand c Says:
   May 4th, 2009 at 5:45 pm

   Emma

   Personal loan generally in the range of 9 to 11 per cent. Car loan is lower than this. Tenure 3 to 5 years.

3. tafi75 Says:
   May 7th, 2009 at 11:53 am

   Heather

   Personal loan about 15-18 %

   car loan 3-4 %