RAKBANK Home In One

RAKBANK Home In One

RAKBANK

MINIMUM SALARY

AED 15,000

FIXED RATE

2.69%

LOAN AMOUNT

AED 0

REDUCING RATE

4.87%

DOWN PAYMENT

25.00%

  • Low Cost Mortgage - Interest saving option
  • Nil In Principle Approvals (IPA) fees
  • Bundled Emirates Skywards World Elite Credit Card
  • Interest calculated on daily balances held
  • Competitive interest rates

Minimum Salary Required

AED 15,000

Fixed Rate

2.69%

Reducing Rate

4.87%

Down Payment

25.00%

Key Features

  • 3 Years fixed rates starting 2.69%* for salaried customers and 3.49% for Self Employed customers
  • Home in One links your current account balances to your mortgage facility in order to reduce the mortgage balance you’re charged interest on - this will help reduce your mortgage payments each month
  • Your low yielding deposits once placed in Home in One will yield the same rate as that on the loan. Additionally, you will have instant access to your funds.
  • Every deposit you make lowers your interest payments reducing your Facility tenor
  • You can withdraw your available balance at any time, just like any current account
  • Interest is calculated on your daily balances, reducing the effective rate of interest 
  • The Account offers all facilities of a Current Account i.e. Debit Card, Cheque book, Internet and Mobile banking.
  • Get a Emirates Skywards Credit Card (T&C apply) along with the Loan as a bundled offer.
RAKBANK Mortgage Home Loan

RAKBANK Mortgage Home Loan

RAKBANK

MINIMUM SALARY

AED 15,000

FIXED RATE

0.00 %

LOAN AMOUNT

AED 0

REDUCING RATE

3.24 %

DOWN PAYMENT

25.00 %

  • Low and affordable mortgage loan interest rates
  • Finance available on most ready projects with Title Deeds

Minimum Salary Required

AED 15,000

Fixed Rate

0.00 %

Reducing Rate

3.24 %

Down Payment

25.00 %

Key Features

  • Low and affordable mortgage loan interest rates 
  • Finance available on most ready projects with Title Deeds 
  • Flexible repayment periods for the Mortgage Loans 
  • Minimum formalities and fast approvals
  • High Mortgage loan amounts 
  • Dedicated Relationship Manager to assist you with your Mortgage requirements