Deem Finance Personal Loan

Deem Finance, a renowned financial institution in the UAE, offers personal loans as well. It offers quick application processing along with a flexible repayment tenure to pay off your loans. Keep on reading for more details about Deem Finance personal loan.

Top Features of Deem Finance Personal Loan

Here are the key features and benefits of the personal loan offered by Deem Finance —

• Optional salary transfer
• Seamless application process with minimal paperwork
• Complete loan repayments with a flexible tenure of 60 months
• Deem Credit Life Plus feature

Deem Personal Loan — Eligibility Requirements

Your salary is among the most crucial eligibility criteria for getting Deem personal finance. If you have a salary of at least AED 5,000 (per month), you can apply for the loan. However, other factors also decide your eligibility.

For more details regarding the eligibility, connect with us via a call or an email.

Deem Finance Personal Loan Requirements — Documents Checklist

Keep the following documents ready to apply for a personal loan with Deem —

✅Emirates ID

✅Passport

✅Income proof: Pay slip/ salary certificate

✅Latest bank statements

📝Note: All documents must be valid at the time of application

Paisabazaar.ae — A Convenient Platform for All Your Finance Needs

With Paisabazaar.ae, you can apply for a personal loan without any hassle. With us, you can sit comfortably at your home and compare and access the best financing options — all done in a few clicks!

Here’s how -

STEP 1: Tap here to access the lead form

STEP 2: Submit the form with the relevant details 

STEP 3: Select and apply for your preferred loan 

STEP 4: Follow the on-screen prompts

That’s it! You can then wait while we go through your application and get back to you.

Deem Finance Personal Loan Calculator

The Deem personal loan calculator allows you to get an estimate of your monthly instalments. This not only helps in better financial planning but allows you to choose the most suitable loan option.

Similarly, at Paisabazaar.ae, you can seamlessly use our personal loan calculator here. This tool is free to access and instantly generates the result as per your details. 

This tool is quite easy to use — simply enter your loan amount, tenure, and the interest or profit rate to view the monthly instalment amount. 

Important: Due to the variations in the actual interest rate (which will be later decided by the bank), the generated result might be slightly different from the actual value.

Deem Personal Loan — Fees & Charges

The key fees and charges linked to this personal loan are —

Type of Fee	Charges
Processing Fee	1% of the loan amount Min: AED 500, Max: AED 2,500
Early Settlement Fee	1.05% of the remaining principal balance — max AED 10,500
No Liability Certificate	AED 60 + 5% VAT
Liability Letter	AED 60 + 5% VAT
Loan Rescheduling Fee	AED 100 + 5% VAT
Delayed Payment Penal Interest Charge	2.1% of the delayed amount Min: AED 52.5 Max: AED 210
Loan Top-Up	1% of the loan amount
Partial Payment Charges	1.05% of partial payment — max AED 10,000
Loan Cancellation Fee	AED 100 + 5% VAT

Deem Finance Personal Loan — Terms and Conditions

In this section, you can check out the major personal loan terms and conditions of Deem Finance.

If you violate any of the terms and conditions after receiving the personal loan, Deem has the right to ask you to follow the agreed rules. If necessary, the institution may take the following actions —

• If you miss a payment, you may be charged a late payment fee on your loan account
• If your Direct Debit Authority (DDA) payment bounces, Deem Finance may try to process it again
  • Your bank may also charge you fees for the failed transaction
• Late or missed payments could negatively affect your credit Score, making it harder for you to get loans in the future
• If you continue to miss payments, Deem Finance may ask you to pay back everything you owe immediately, including the loan amount, interest, and any fees
  • On failing to do so, Deem may sell any assets you provided as security or take legal action against you

📝Note: For detailed terms and conditions, check out Deem Finance’s official website.

Deem Finance Contact Details

Got queries regarding personal loan? Get in touch with Deem at 600525550.

Alternatively, reach out to us for any related assistance —

📞Call: 800 728 4647

📩Email: communication@paisabazaar.ae

Frequently Asked Questions