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One of the key features of the new package is the availability of 80% financing for real estate. Offered at competitive profit rates, with faster, streamlined processing times, this will enable eligible UAE nationals to purchase completed properties or finance construction of freehold properties in Dubai and Abu Dhabi.
Eligible individuals can also benefit from the personal financing solution, or simply opt for a free-for-life Covered Card with a three month waiver of profit fees. The Covered Card offers a host of other benefits, including free travel protection, discounted travel bookings, limousine and airport lounge access. Customers opting for the Platinum card can also avail of the Dhs100,000 Free Takaful offer.
"Our new financing solution, developed in line with our prudent risk management policies, enables UAE nationals to achieve their short and long term financial goals, while having a positive impact on the overall economy. Our initiatives have always been driven by innovation and a pragmatic business approach, which have helped us stay firmly on the growth path while serving the needs of our customers."
said Mohammad Amiri, Head of Retail Finance, Dubai Bank.
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Posted by Rima Ali Al Mashni
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