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| General Details |
|---|
|
Institution: |
Arab Bank
|
Contact Number: |
1800 646 484
|
|
|
Product Name: |
Secured Personal Loan
|
Apply: |
n/a
|
|
|
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| Product Details |
|---|
|
Loan Type: |
Fully Drawn Advance
|
Loan Purpose: |
|
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|
Repayment Type: |
Principal and Interest
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Min Loan Amount: |
$5,000.00
|
|
|
Max Loan Amount: |
$50,000.00
|
Min Loan Term: |
1 year/s
|
|
|
Max Loan Term: |
5 year/s
|
Available as Car Loan: |
|
|
|
Car Type: |
New or Used
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Security Type: |
Multi
|
|
|
Minimum Repayment: |
n/a
|
Margin: |
-
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|
|
|
| Interest Rates |
|---|
|
Variable Rate: |
12.55%
|
Default Rate: |
-
|
|
|
Min Rate: |
10.55%
|
Max Rate: |
11.55%
|
|
|
1 Yr Fixed: |
11.30%
|
2 Yr Fixed: |
11.30%
|
|
|
3 Yr Fixed: |
11.30%
|
4 Yr Fixed: |
11.30%
|
|
|
5 Yr Fixed: |
11.30%
|
6 Yr Fixed: |
-
|
|
|
7 Yr Fixed: |
-
|
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| |
|
|
| Comparison Rates |
|---|
|
Variable Rate: |
13.56%
|
Default Rate: |
-
|
|
|
Min Rate: |
-
|
Max Rate: |
-
|
|
|
1 Yr Fixed: |
13.08%
|
2 Yr Fixed: |
12.73%
|
|
|
3 Yr Fixed: |
12.50%
|
4 Yr Fixed: |
12.36%
|
|
|
5 Yr Fixed: |
12.32%
|
6 Yr Fixed: |
-
|
|
|
7 Yr Fixed: |
-
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| |
|
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| Fees |
|---|
|
Application Fee: |
$200.00
|
Min Entry Fee: |
-
|
|
|
Max Entry Fee: |
-
|
Other Fee: |
-
|
|
|
Line Fee: |
0
|
Arrears Fee: |
-
|
|
|
Arrears Fee Charged: |
|
Transaction Fee: |
-
|
|
|
Monthly Service Fee: |
-
|
Exit Fee: |
$250.00
|
|
|
Early Termination Fee: |
-
|
|
| |
|
|
| Comments |
|---|
|
Comments: |
$24 Quarterly Service Fee
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| |
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