Yes, you will be charged interest as well as processing fees and this will vary from bank to bank and depend on your total.
| Interest Paid | |||||||
| Bank/ Months | 3 | 6 | 9 | 12 | 18 | 24 | 36 |
| ENBD | 1.49% | 1.49% | 1.49% | 1.49% | |||
| ADCB | 0.70% | 0.70% | 0.70% | 0.70% | |||
| FAB | 1.20% | 1.20% | 1.20% | 1.20% | 1.20% | 1.10% | 1.10% |
| Dubai First | 0 | 0% | 0 | 0 | |||
| Mawarid Finance | 0.00% | ||||||
| RAK | 1% | 1% | 1% | ||||
| Samba | 0.00% | 0.00% | 0.00% | ||||
| Al Hilal | 0% | 0% | 0% | ||||
| CBD | 0% | 0% | 0 | ||||
| Emirates Islamic | 0 | 0% | |||||
| Dubai Islamic Bank | 0% | 0% | |||||
|
Standard Chartered Bank |
0% | 0% | 0% | ||||
|
Deem |
0% | 0% | 0% | ||||
| Processing Fee | |||||||
| Bank/ Months | 3 | 6 | 9 | 12 | 18 | 24 | 36 |
| ENBD | AED49 | AED49 | AED49 | AED49 | |||
| ADCB | |||||||
| FAB | |||||||
| Dubai First | 1% | 1% | 2% | 2% | |||
| Mawarid Finance | |||||||
| RAK | AED49 | AED49 | 2% | ||||
| Samba | AED49 | AED49 | AED49 | ||||
| Al Hilal | |||||||
| CBD | 1.50% | 2.50% | 3% | ||||
| Emirates Islamic | 2% | 2% | |||||
| Dubai Islamic Bank | 3% | 4.80% | |||||
| Standard Chartered Bank | AED49 | AED49 | AED98 | ||||
| Deem | 1% | 2% | 3% | ||||
Please note that the full amount will be charged on your card on the day of the transaction.