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Middle
East |
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Eligibility criteria
for a home loan: |
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Age:
- You need to be at least 23 years old
- As a salaried applicant, maximum age limit is 60 years
or retirement age (whichever is earlier), at the time
of loan maturity.
- As a self-employed applicant, maximum age limit is 65
years or retirement age (whichever is earlier), at the
time of loan maturity.
Residential status:
- As a salaried applicant, you should have been abroad
for a minimum period of 1 year.
- As a self-employed applicant, you should have been abroad
for a minimum period of 3 years.
Income:
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Self employed |
Loan
tenure |
Up
to 5 yrs |
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*11-15
yrs |
Up
to 10 yrs |
AED
equivalent (per annum) |
36000 |
48000 |
96000 |
48000 |
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*For Tenor between 11-15 years, applicant need to be Post
Graduate / Professionals.
*For Tenor between 11-15 years, for Post Graduate - AED
96000 and Professionals - AED 72000 p.a. |
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