Banks SOP

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. ADCB Mortgage Loan Application
  2. ADCB Customer Consent Form
  3. ADCB KFS
  4. Customer Referral Form
  5. ADCB Customer Income Declaration Form (As confirmed by the banker it’s Not mandatory)
  6. ADCB Purpose of Finance Declaration Form

* Email Size: 8 MB

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. In-house Analysis with tables
  3. In-house Analysis without tables (JFYI to be discuss )
  4. Info sheet
  5. ADCB Mortgage Loan Application – please ensure full application is filled, if the field is not applicable then write n/a, it can’t be blank.
  6. Customer Consent Form – Statement Period date should not exceed to 180 Days, better to keep it <180 days or black
  7. Customer Consent Form (2nd page) for Processing Fees Undertaking – It is not required to submit for client’s sign-off and for bank submission until new promotion.
  8. Customer Referral Form is mandatory for submission in ADCB.
  9. Application should be by typing not handwritten
  10. Clear proposal in the body of the Email
  11. All Docs should be in PDF (Clear scan copy)
  12. All KYC Docs in 1 attachment
  13. BS should be in sequence and in one attachment if more than 8 MB you can split it into 2 parts
  14. Name the documents (1-KYC Docs. 2-Application forms. 3-SC. 4-Pay slips. 5- BS. Etc…)
  15. SC and payslips in 1 attachment
  1. ADCB Forms.
  2. Valid KYC Docs.
  3. Valid Salary Certificate.
  4. Online Bank statement reflecting 6 salaries.
  5. Pay slips for the last 6 salaries, if there are any variations in the credited salaries.
  • Bank submission – first reply from banker: Case to Case.
  • From login in credit – first reply (credit queries) / pre-approval: Case to Case.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. ADCB Mortgage Loan Application.
  2. ADCB Customer Consent Form.
  3. ADCB KFS.
  4. Customer Referral Form.
  5. UAE FTS for the company with a stamp.

* Email Size: 8 MB

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. ADCB Mortgage Loan Application – please ensure full application is filled, if the field is not applicable then write n/a, it can’t be blank.
  3. Customer Consent Form – Statement Period date should not exceed to 180 Days, better to keep it <180 days or black
  4. Customer Consent Form (2nd page) for Processing Fees Undertaking – It is not required to submit for the client’s sign-off and for bank submission until the new promotion.
  5. Customer Referral Form is mandatory for submission in ADCB.
  6. The application should be by typing not handwritten
  7. Clear proposal in the body of the Email
  8. All Docs should be in PDF (Clear scan copy)
  9. All KYC Docs in 1 attachment
  10. MOA along with the all
  11. amendments in sequence in one attachment
  12. BS should be in sequence and in one attachment if more than 8 MB you can split it  into 2 parts
  13. Name the documents (1 -KYC Docs 2-Applications forms 3-SC 4-Pay slips 5-BS Etc…)
  1. ADCB Forms
  2. KYC Docs
  3. 6 months’ bank statement for the personal account up to date
  4. 12 months’ bank statement for the company account up to date if the company has multiple accounts. Hence, a statement for each account is to be provided
  5. CTO for the company for the last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums. In one attachment sequence
  8. Copy of the financial audit report for the last three years (F.A Above 9M)
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. List of the main 5 suppliers with payment terms and mode of payment, with proof for each (invoice/cheque copy/TT receipt). (Not mandatory )
  13. List of Main 5 customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). (Not mandatory )
  14. Copy of the highest 5 cheques deposited into the company account
  15. Tenancy contract for the company
  16. Company profile
  • Bank submission – first reply from banker: 2 days.
  • From login in credit – first reply (credit queries) / pre-approval: 6 days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. DIB referral form & email.
  2. Mortgage request form signed by the customer.
  3. Email Size: 7 MB.
  4. Home finance submission forms are as follows:
    • AECB Consent letter
    • HF Application Form V116
    • KFS
    • MRF V12.23
  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear passport & valid Visa in one PDF
  4. Clear valid Emirates ID on one PDF
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. DIB Forms.
  2. Valid KYC Docs (PP /Visa/Family book and EID ).
  3. Valid Salary Certificate within 30 days showing address, contact details, stamp, authorized signatory details, DOJ, and designation.
  4. Online Bank statement reflecting three salaries (WITHOUT PASSWORD PROTECTION).
  5. Pay slips for the last three salaries, if there are any variations in the credited salaries.
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 1 day.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. DIB referral form & email.
  2. Mortgage request form signed by the customer.
  3. Email Size: 7 MB.
  4. Home finance submission forms are as follows:
    • AECB Consent letter (Personal and Company)
    • HF Application Form V116
    • KFS
    • MRF V12.23
  1. Clear proposal in the body of the Email (Refer to the Email template) 
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear passport & valid Visa in one PDF
  4. Clear valid Emirates ID on one PDF
  5. Name the documents
  1. DIB Forms
  2. KYC Docs
  3. 6 months’ bank statement for the personal account up to date
  4. 12 months’ bank statement for the company accounts up to date if the company has multiple accounts. Hence, a statement for each account to be provided  
  5. CTO for the company for the last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums.
  8. Copy of the financial audit report for the last three years
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. List of 8 main suppliers with payment terms and mode of payments, with proof for each (invoice/cheque copy/TT receipt).
  13. List of Main 8 customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). Please fill out the attached document
  14. Copy of the highest 5 cheques deposited into the company account in the last six months.
  15. Contract in hand if any
  16. Tenancy contract
  17. Company profile
  • Bank submission – first reply from banker: Case to case.
  • From login in credit – first reply (credit queries) / pre-approval: Case to case.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. DIB referral form & email.
  2. Mortgage request form signed by the customer.
  3. Email Size: 7 MB.
  4. Home finance submission forms are as follows:
    • HF Application Form V116
    • KFS
    • MRF V12.23
  1. Clear proposal in the body of the Email (Refer to the Email template )
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC Docs
  4. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. DIB Forms
  2. Proof of residence (National ID /Driving license /Electricity bill)
  3. Credit report from CM’s home country showing the score and should be valid the validity is 22 days (If CM is not a resident in UK / India)
  4. Valid Salary Certificate
  5. 6 months Bank statement reflecting salaries (WITHOUT PASSWORD PROTECTION)
  6. Pay slips, if there are any variations in the credited salaries
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 1 day.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. DIB referral form & email.
  2. Mortgage request form signed by the customer.
  3. Email Size: 7 MB.
  4. Home finance submission forms are as follows:
    • HF Application Form V116
    • KFS
    • MRF V12.23
  1. Clear proposal in the body of the Email (Refer to the below Email template to be followed )
  2. All Docs should be in PDF (Clear scan copy)
  3. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS, Etc…)
  1. DIB Forms
  2. Clear valid KYC Docs in PDF
  3. Proof of residence (Driving license /Electricity bill)
  4. Tax report
  5. Credit report for Personal and company from home country /Source of income showing the score and should be within 22 days (If CM is not a resident in India /UK)
  6. 6 months’ bank statement for the personal account up to date
  7. 12 months’ bank statement for the company accounts up to date if the company has multiple accounts. Hence, a statement for each account to be provided  
  8. CTO for the company for the last 12 months
  9. Copy of the trade license along with shareholders certificate.
  10. MOA copy with all addendums.
  11. Copy of the financial audit report for the last three years
  12. Copy of the highest 5 cheques deposited into the company account in the last six months.
  13. Contract in hand if any
  14. Tenancy contract
  15. Company profile.
  • Bank submission – first reply from banker: Case to case.
  • From login in credit – first reply (credit queries) / pre-approval: Case to case.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. RAK Mortgage loan Application form
  2. RAK KFS form

* Email Size: 5 MB

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. RAK Mortgage loan Application form (Whatever in asterisk to be filled)
  3. RAK KFS form (Name, date and to be signed)
  4. Clear proposal in the body of the Email
  5. Clear scan Docs
  6. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. RAK Forms
  2. Valid KYC Docs
  3. Valid Salary Certificate within 60 days (Note: For Gov. company is 30 days)
  4. Online Bank statement reflecting three salaries (WITHOUT PASSWORD PROTECTION) (Not mandatory as they are ONLY checking the salary credited in the AECB and they are not reviewing the BS during the pre-approval)
  5. Pay slips for the last three salaries, if there are any variations in the credited salaries.

Note: No CPV in general (Case to case –Credit call)

  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. RAK Mortgage loan Application form.
  2. RAK KFS form.
  3. Self-Employed Annexure Form (Mandatory to be filled in full).

* Email Size: 5 MB

  1. Clear proposal in the body of the Email (Refer to the Email template )
  2. RAK Mortgage loan Application form (Whatever in asterisk to be filled)
  3. RAK KFS form (Name, date and to be signed)
  4. Clear proposal in the body of the Email
  5. Clear scan Docs
  6. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. RAK Forms + Annexure Form
  2. KYC Docs
  3. 6 months’ bank statement for the personal account up to date
  4. 12 months’ bank statement for the company account up to date if the company has multiple accounts. Hence, a statement for each account is to be provided
  5. CTO for the company for the last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums. /AOA/Share certificate/ COI / An incumbency certificate for FZ companies Copy of the financial audit report for the last 1 year with 2 years data (F.A above 5m)
  8. VAT registration certificate.
  9. VAT report for the last 12 months.
  10. VAT payment receipts for the last 12 months.
  11. Sample invoices / Contracts in hand if any
  12. Company Tenancy contract
  13. Company profile
  14. FV and CPV (Credit call)
  • Bank submission – first reply from banker: 2 days.
  • From login in credit – first reply (credit queries) / pre-approval: 4 to 5 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. RAK finance Application form for NR (Green color) (Note: Only Islamic)
  2. RAK KFS form (Green color)
  3. Pre-approval fees form

* Email Size: 5 MB

  1. Clear proposal in the body of the Email (Refer to the Email template )
  2. RAK Finance Application
  3. RAK KFS form (Name, date and to be signed)
  4. Clear proposal in the body of the Email
  5. Clear scan Docs
  6. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)

Note: 3 months EMI’s to be marked as a lien.

  1. RAK Finance Application
  2. Fees of 1050 are to be transferred only by CM
  3. RAK KFS form (Name, date and to be signed)
  4. Credit report from CM’s home country (Source of income) showing the score and should be within 30 days (All the nationality are fine except source of income from African /Iranian /Russian )
  5. Valid Salary Certificate
  6. 6 months’ Bank statement reflecting salaries (WITHOUT PASSWORD PROTECTION)
  7. Pay slips, if there are any variations in the credited salaries
  8. Tax return for last 1 year
  9. HR email address for CPV
  10. Address proof
  11. National ID /PAN card for Indians)
  • Bank submission – first reply from banker: 2 days.
  • From login in credit – first reply (credit queries) / pre-approval: 2 to 3 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. RAK finance Application form for NR (Green color) (Note: Only Islamic)
  2. RAK KFS form (Green color)
  3. Pre-approval fees form

* Email Size: 5 MB

  1. RAK Finance Application
  2. RAK KFS form (Name, date and to be signed)
  3. Clear proposal in the body of the Email
  4. Clear scan Docs
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)

Note: 3 months EMI’s to be marked as a lien.

  1. RAK Forms + Annexure Form
  2. IPA Fees
  3. KYC Docs with national ID’s
  4. 6 months’ bank statement for the personal account up to date
  5. 12 months’ bank statement for the company accounts up to date if the company has multiple accounts. Hence, a statement for each account is to be provided
  6. CTO for the company for the last 12 months
  7. Copy of the trade license along with shareholders certificate.
  8. MOA copy with all addendums. /AOA/Share certificate/ COI / An incumbency certificate for FZ companies Copy of the financial audit report for the last 1 year with 2 years data (F.A above 5m)
  9. Sample invoices / Contracts in hand if any
  10. Company Tenancy contract
  11. Company profile
  12. Personal address proof
  13. Credit report personal and company
  14. TAX report for personal and company
  • Bank submission – first reply from banker: 2 days.
  • From login in credit – first reply (credit queries) / pre-approval: 4 to 5 days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Quick approval (HF form 4 pages along with KFS)
  2. The normal approval process is as follows:
    • ADIB application form 8 pages V.5 Oct.
    • KFS form and Takaful KFS.
    • EFTS CONSENT FROM.
    • Affordability form.
    • Medical Health Questionnaire.
    • Call report along with FV details only for weak company profiles and not well-known companies.
    • Field visit to be waived where AECB score is >630 & active LOR(Length of relation with facility from the bank) history of 12 months Or Audit Financial from an approved list of Auditor to be provided to waive Field visit.
    • Other notes:
    • 2 Ref No in UAE /HC address with No.
    • Application can’t be handwritten and should be typed.
    • If we are asking for additional costs to be financed (Broker fees and land department fees) then HF form 8 pages V. Nov is mandatory even for quick approval

Note: As advised by the banker CM has to sign all forms in one go and all applications are Editable V)

* Email Size: 35MB

  1. ADIB summary checklist.
  2. Clear proposal in the body of the Email (Refer to the Email template)
  3. All Docs should be in PDF (Clear scan copy) and can’t be CAM scanned.
  4. Clear passport & valid Visa in one PDF (Self attested as per EID/PP)
  5. Clear valid Emirates ID on one PDF.
  6. Family book for locals.
  7. IBAN proof.
  8. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. ADIB Forms
  2. Valid KYC Docs
  3. Valid Salary Certificate
  4. Bank statement reflecting three salaries (WITHOUT PASSWORD PROTECTION)
  5. Pay slips for the last three salaries, if there are any variations in the credited salaries.

Note: Regarding incentive/other allowances should be reflected in the BS along with payslips/Chq copy /letter from the employer

  • Bank submission – first reply from banker: Before 2 PM in the same day OR Next day before 2 PM
  • From login in credit – first reply (credit queries) / pre-approval: 2 to 3 working days and for quick approval Before 2 PM on the same day OR the next day before 2 PM
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. ADIB application form.
  2. KFS form and Takaful KFS.
  3. EFTS CONSENT FROM.
  4. Takaful form.
  5. Affordability form.
  6. Call report along with FV details.
  7. AECB for the company.

 

*2 Ref No in UAE /HC address with No.
*The application can’t be handwritten should be typed

Note: As advised by ADIB CM has to sign all forms in one go

  1. ADIB summary checklist
  2. Clear proposal in the body of the Email (Refer to the Email template ) 
  3. All Docs should be in PDF (Clear scan copy) can’t be CAM scan
  4. Clear passport & valid Visa in one PDF (Self attested as per EID/PP )
  5. Clear valid Emirates ID on one PDF
  6. Family book for local
  7. IBAN proof
  8. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. ADIB Forms
  2. KYC Docs
  3. 6 months’ bank statement for the personal account up to date
  4. 12 months’ bank statement for the company accounts up to date if the company has multiple accounts. Hence, a statement for each account is to be provided
  5. CTO for the company for the last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums.
  8. Copy of the financial audit report for the last 2 years (For F.A more than 2.5 M)
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. List of the main 5 suppliers with payment terms and mode of payment, with proof for each (invoice/cheque copy/TT receipt).
  13. List of Main 5 customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). Please fill out the attached document
  14. Copy of the highest 5 cheques deposited into the company account in the last six months.
  15. Contract in hand if any
  16. Tenancy contract
  17. Company profile
  • Bank submission – first reply from banker: 3 days.
  • From login in credit – first reply (credit queries) / pre-approval: Case to case.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. ADIB application form
  2. ADIB All pages of passport copy and national ID should be self-attested
  3. KFS form and Takaful KFS
  4. Takaful form
  5. Affordability form
  6. Company profile

 

* HC address with No.
*The application can’t be handwritten should be typed

  1. ADIB summary checklist
  2. Clear proposal in the body of the Email (Refer to the Email template)
  3. All Docs should be in PDF (Clear scan copy) and can’t be CAM scan
  4. Clear passport ALL pages (Self-attested as per PP )
  5. National ID
  6. Proof of residency
  7. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  8. Highlighting the salary credited in the BS along with a breakdown of CM’s salary
  1. ADIB Forms
  2. PP copied full pages and self-attested as per PP
  3. Proof of residence (Driving license /Electricity bill/Copy of the National ID)
  4. Credit report from CM’s home country showing the score (Not mandatory anyhow, the breakdown for CM liabilities along with proof if any to be provided)
  5. Valid Salary Certificate
  6. 6 months’ Bank statement reflecting salaries (WITHOUT PASSWORD PROTECTION)
  7. Pay slips, if there are any variations in the credited salaries
  8. Breakdown of CM liabilities with proof

** As advised by the banker BS should be stamped and attested

  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 to 3 working days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. ADIB application form
  2. KFS form and Takaful KFS (In one attachment)
  3. Takaful form
  4. Affordability form
  5. Company profile (Call report)

 

* HC address with No.
* The application can’t be handwritten should be typed

  1. ADIB summary checklist
  2. All pages of passport copy and national ID should be self-attested
  3. Clear proposal in the body of the Email (Transaction type to be captured accurately) refer to the agreed checklist
  4. All Docs should be in PDF (Clear scan copy) and can’t be CAM scan
  5. National ID along with Proof of residency
  6. Name the documents (1-KYC Docs. 2-Applications forms. 3- TL. 4- MOA. 5-BS company, BS for personal Etc…)
  7. CTO sheet as per the agreed one
  1. Clear proposal in the body of the Email
  2. ADIB Forms
  3. KYC Docs
  4. Proof of residence (Driving license /Electricity bill)
  5. 6 months’ bank statement for the personal account up to date
  6. 12 months’ bank statement for the company accounts up to date if the company has multiple accounts. Hence, a statement for each account is to be provided
  7. CTO for the company for the last 12 months
  8. Copy of the trade license along with shareholders certificate.
  9. MOA copy with all addendums.
  10. Copy of the financial audit report for the last 2 years (For F.A more than 2.5 M)
  11. List of the main 5 suppliers with payment terms and mode of payment, with proof for each (invoice/cheque copy/TT receipt).
  12. List of Main 5 customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). Please fill the attached document
  13. Copy of the highest 5 cheques deposited into the company account in the last six months.
  14. Contract in hand if any
  15. Tenancy contract
  16. Tax report (Case to case)
  17. The credit report for Personal and company

** As advised by the banker BS should be stamped and attested

  • Bank submission – first reply from banker: 3 working days.
  • From login in credit – first reply (credit queries) / pre-approval: 4 to 5 working days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  4. FTS Form

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear attested KYC in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Self-attested Income Docs(Salary Certificate and Payslips) in 1 PDF
  6. Self-attested Bank Statement in 1 PDF
  7. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. Duly filled out Application form, FTS, KFS & Suitability form
  2. Valid KYC Doc (passport Visa Emirates ID )
  3. Valid Salary Certificate addressed to CBD
  4. Bank statement reflecting three salaries (WITHOUT PASSWORD PROTECTION)
  5. Pay slips for the last 6 months, if there are any variations in the credited salaries of more than 10%.
  6. Email address of Authorized signatory for Employer verification
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  4. FTS Form for both personal and company
  5. Company AECB Consent Form
  6. Field Visit Form (If loan amount > AED 2.5MM)

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the Email template) 
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear attested KYC in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Self-attested company documents in 1 PDF
  6. Self-attested personal Bank Statement in 1 PDF
  7. Self-attested Company Bank Statement in 1 PDF (Can be in parts if size is high)
  8. Name the documents (1-KYC Docs. 2-Applications forms. 3-Income Docs. 4-BS. Etc…)

 

Note: All customer KYC and Income Documents received in hard copy / or scanned by email, must be self-attested by the customer. On the Bank statement, if it is not an FTS pull, the customer is to sign the first page but give a reference of the total pages submitted alongside and also sign on the last page of the statement.

  1. Duly filled out Application form, FTS, KFS, Suitability form & Company AECB Consent (FTS form required Company Stamp for Company Statement)
  2. KYC Docs
  3. 12 months’ bank statement for the personal account up to date
  4. 12 months’ bank statement for the company account up to date if the company has multiple accounts. Hence, a statement for each account to be provided
  5. CTO Calculation for last year – Template attached
  6. Copy of the trade license along with shareholders certificate.
  7. Memorandum & Articles of Association since inception with its all amendments & Share Certificate
  8. Copy of the financial audit report for the last three years (Finance amount >AED 8MM)
  9. VAT registration certificate.(Not Mandatory. Credit Call)
  10. VAT report for the last 12 months. (Not Mandatory. Credit Call)
  11. VAT payment receipts for the last 12 months. (Not Mandatory. Credit Call)
  12. Recommend to Share a List of Main suppliers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt).
  13. Recommend to Share a List of Main customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt).
  14. Recommend to Share high-value cheques deposited into the company account.
  15. Recommend to share Contract in hand if any
  16. Company Website Details / Profile
  17. Company Telephone bill, Invoices, List of Employees & Ejari
  18. Details to initiate field Visit in case if Loan amount is AED 2.5million and above – Template attached
  • Bank submission – first reply from banker: Case to case.
  • From login in credit – first reply (credit queries) / pre-approval: Case to case.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the agreed checklist )
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC (All pages of passport) in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Self-attested Income Docs(Salary Certificate and Payslips) in 1 PDF
  6. Self-attested Personal Bank Statement in 1 PDF
  7. Name the documents (1-KYC Docs. 2- Application forms. 3- SC. 4- Pay slips 5- BS. Etc…)

 

Note: All customer KYC and Income Documents received in hard copy / or scanned by email, must be self-attested by the customer. On the Bank statement, if it is not an FTS pull, the customer is to sign the first page but give a reference of the total pages submitted alongside and also sign on the last page of the statement.

  1. CBD Forms (Duly filled Application form, KFS & Suitability form)
  2. Valid KYC Docs
  3. Valid Salary Certificate addressed to CBD
  4. Bank statement with AED 25K average balance of last six months along with six salaries of AED 25K (WITHOUT PASSWORD PROTECTION)
  5. Resident ID
  6. Address Proof
  7. Pay slip for the last six months in case there is a variance in Salary of more than 10%
  8. Average day-end calculation for last six months – Template Attached
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the agreed checklist )
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear attested KYC (all pages of passport) in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Self-attested company documents in 1 PDF
  6. Self-attested personal Bank Statement in 1 PDF
  7. Name the documents (1-KYC Docs. 2- Applications forms. 3-Income Docs. 4- BS Etc…)

Note: All customer KYC and Income Documents received in hard copy / or scanned by email, must be self-attested by the customer. On the Bank statement, if it is not an FTS pull, the customer is to sign the first page but give reference to the total pages submitted alongside and also sign on the last page of the statement.

  1. CBD Forms Duly filled Application form, KFS & Suitability form
  2. KYC Docs (PP end to end)
  3. 6 months’ personal bank account statement up to date
  4. Average Balance for the personal bank account statement for the last 6 months (AED 30K) Template Attached
  5. Company constitutional Documents (Trade License, Certificate of Incorporation, MOA since inception with its all amendments & Share Certificate)
  6. Company website/profile
  7. Company Landline Bill
  8. Resident ID Card Proof
  9. Address Proof
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. AECB Consent letter

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the Email template) / Finance details / Client mobile No. 
  2. All Docs should be in PDF (Clear scan copy)
  3. All KYC Docs in one PDF
  4. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. AECB Consent letter
  2. Valid KYC Docs
  3. Valid Salary Certificate (Not more than 60 days @ pre-approval and should include DOJ/Salary/Designation/contact details)
  4. Online Bank statements reflecting 6 salaries (WITHOUT PASSWORD PROTECTION) should be in sequence
  5. Pay slips for the last 6 salaries, if there are any variations in the credited salaries./ / variable income inclusion Bonus, HRA, Education/Incentives.. etc.
  6. AECB (Not mandatory)
  7. HR email address for authorized signatory (as per Salary Certificate).
  • Bank submission – first reply from banker: 3 to 4 working (Max).
  • From login in credit – first reply (credit queries) / pre-approval: 3 to 4 working (Max).
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. AECB Consent letter for company and personal (Same form but for a company with stamp)

  1. Clear proposal in the body of the Email (Refer to the Email template) 
  2. All Docs should be in PDF (Clear scan copy)
  3. KYC Docs in one PDF
  4. Company Docs (TL, MOA in one file and should be in sequence
  5. Name the documents (1-KYC Docs. 2- Applications forms. 3-TL 4-MOA. -5-BS. Etc…)
  1. AECB Declaration form – Personal & Company (Stamp is required)
  2. KYC Docs
  3. AFS mandatory
  4. Company Docs -All legal documents are as follows:
    • Copy of the trade license along with shareholders certificate.
    • MOA copy with all addendums
    • 6 months bank statement for the personal account up to date should be in sequence
    • 12 months bank statement for the company for main account only should be in sequence
    • Credit card statement, details of other loans [if any]
    • Copy of the financial audit report for last 2 years
    • CTO for the company for last 12 months (Not mandatory)
    • List of Main 8 suppliers (Not mandatory)
    • List of Main 8 customers (Not mandatory)
    • Contract in hand if any (Not mandatory)
    • Company profile

Note: Real estate and gold (Case to case)

  • Bank submission – first reply from banker: 3 to 4 working (Max).
  • From login in credit – first reply (credit queries) / pre-approval: 3 to 4 working (Max).
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. AECB consent form

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC Docs
  4. Name the documents
  1. Arab bank form Forms
  2. Proof of residence (National ID)
  3. Credit report from CM’s country of residence showing the score and should be valid the validity is 30 days
  4. Valid Salary Certificate (60 days)
  5. HR Email ID and CM Mobile No
  6. 6 months’ Bank statement reflecting salaries (WITHOUT PASSWORD PROTECTION) should be in sequence
  7. Pay slips, if there are any variations in the credited salaries
  • Bank submission – first reply from banker: 5 to 6 days.
  • From login in credit – first reply (credit queries) / pre-approval: 5 to 6 days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage application form
  2. Mashreq Prypco checklist
  1. Clear proposal in the body of the Email (Refer to the Email template )
  2. All Docs should be in PDF (Clear scan copy)
  3. Recommend KYC in 1 PDF
  4. Recommend Application & Submission Forms in 1 PDF
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. Mashreq Forms
  2. Valid KYC Docs
  3. Valid Salary Certificate
  4. Bank statement reflecting 6 salaries (WITHOUT PASSWORD PROTECTION)
  5. Pay slips for the last 6 salaries, if there are any variations in the credited salaries.
  6. Recommend Client CV to be provided in case New to UAE /
  7. New to country –Mandatory – Experience letter from HC + BS showing last 5 salaries from HC
  • Bank submission – first reply from banker: 1 to 2 days.
  • From login in credit – first reply (credit queries) / pre-approval: 3 to 4 working days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage application form
  2. Mashreq Prypco checklist
  3. Company consent letter with company stamp
  1. Clear proposal in the body of the Email (Refer to the Email template ) 
  2. All KYC Docs should be in PDF (Clear scan copy)
  3. Recommend Application & Submission Forms in 1 PDF
  4. Duly verify the continuation of bank statements along with the transactions and the correct CTO calculation
  5. Name the documents (1 -KYC Docs 2-Applications forms 3-Income Docs -4-BS Etc)
  6. AFS mandatory for all cases
  1. Mashreq Forms
  2. KYC Docs
  3. 6 months bank statement for the personal account up to date
  4. 12 months bank statement for the company account up to date, if the company has multiple accounts. Hence, statement for each account to be provided 
  5. CTO for the company for last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums.
  8. Copy of the financial audit report for last 2 years (for all cases under full set of Docs)
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. List of Main suppliers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt).
  13. List of Main customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). Please fill the attached document
  14. Share high value cheques deposited into the company account.
  15. Contract in hand if any
  16. Tenancy contract
  17. Company profile
  18. Company Landline Bill (If not, Mandatory FV will be initiated by credit team irrespective of loan amount)
  19. PF AED 1050 (not upfront )(Receipt to be shared with the banker after banker reviewing the case )
  20. LOB more than 3 years
  • Bank submission – first reply from banker: 2 to 3 days.
  • From login in credit – first reply (credit queries) / pre-approval: 7 to 8 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage application form
  2. Mashreq Prypco checklist
  3. Required duly filled & signed FATCA and w9 Form for all US citizen
  1. Clear proposal in the body of the Email (Refer to agreed checklist followed )
  2. Recommend All Docs should be in PDF (Clear scan copy)
  3. Recommend Application & Submission Forms in 1 PDF
  4. Duly verify the continuation of bank statements along with the transactions and the correct AVG calculation
  5. If documents are in any language other than English/Arabic should be translated to English from any translators in UAE.
  6. Name the documents (1-KYC Docs. 2- Application forms. 3- SC. 4- Pay slips 5- BS. Etc…)
  1. Mashreq Forms Forms
  2. Valid KYC Docs
  3. Salary Certificate OR Pay slips
  4. Bank statement with AED 25K average balance of last 3 months (WITHOUT PASSWORD PROTECTION)
  5. Recommend Client CV to be provided upfront
  6. Address proof / utility bill
  • Bank submission – first reply from banker :1 to 2 days
  • Compliance TAT : 7 TO 8 DAYS
  • From login in credit – first reply (credit queries) /pre-approval :3 to 4 days for pre-approval and for Final 5 to 7 days depending on EV report /Property Docs Etc..
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage application form
  2. Mashreq Prypco checklist
  3. Required duly filled & signed FATCA and W9 Form for all US citizen
  1. Clear proposal in the body of the Email (Refer to agreed checklist)
  2. Recommend All Docs should be in PDF (Clear scan copy)
  3. Recommend Clear KYC in 1 PDF
  4. Recommend Application & Submission Forms in 1 PDF
  5. Name the documents (1 -KYC Docs 2-Applications forms 3-Income Docs -4-BS Etc)
  6. If documents are in any language other than English/Arabic should be translated to English from any translators in UAE.
  7. Name the documents (1-KYC Docs. 2- Applications forms. 3-Income Docs. 4- BS Etc…)
  • Mashreq Forms
  • KYC Docs
  • 3 months personal bank account statement up to date
  • Average Balance for the personal bank account statement for last 3 months (AED 25K)
  • Any company Docs showing CM is S.E
  • Client CV
  • Address proof / utility bill
  • LOB should be more than 6 months
  • Bank submission – first reply from banker :1 to 2 days
  • Compliance TAT : 7 TO 8 DAYS
  • From login in credit – first reply (credit queries) /pre-approval :3 to 4 days for pre-approval and for Final 5 to 7 days depending on EV report /Property Docs Etc..

Note: For account opening • Required duly filled & signed FATCA Form for all US citizen upfront.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  4. FTS Form
  5. AECB consent form
  1. Clear proposal in the body of the Email (Refer to the Email template )
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. UAB Forms
  2. Valid KYC Docs
  3. Valid Salary Certificate
  4. Bank statement reflecting 6 salaries (WITHOUT PASSWORD PROTECTION)
  5. Pay slips for the last 6 salaries, if there are any variations in the credited salaries.
  • Bank submission – first reply from banker: 1 day (Max).
  • From login in credit – first reply (credit queries) / pre-approval: 3 days (Max)
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  4. FTS Form for both personal and company
  5. Company and personal AECB Consent Form (Company is the same just should be with company stamp)

* Email Size: 10 MB

  1. Clear proposal in the body of the Email (Refer to the Email template )   
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Name the documents (1-KYC Docs 2-Applications forms 3-Income Docs 4-BS Etc)
  1. UAB Forms
  2. KYC Docs
  3. 6 months bank statement for the personal account up to date
  4. 6 months bank statement for the company account up to date, if the company has multiple accounts. Hence, statement for each account to be provided
  5. Copy of the trade license along with shareholders certificate.
  6. MOA copy with all addendums.
  7. Copy of the financial audit report for last 2 years (For all cases under full set of Docs )
  8. VAT registration certificate.
  9. VAT report for the last 12 months.
  10. VAT payment receipts for the last 12 months.
  11. List of Main suppliers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt).
  12. List of Main customers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt). Please fill the attached document
  13. Share high value cheques deposited into the company account.
  14. Contract in hand if any
  15. Tenancy contract
  16. Company profile
  17. Company Landline Bill required
  18. FV (No form 3rd party they will do it )
  • Bank submission – first reply from banker: Case to Case (Max 2 days).
  • From login in credit – first reply (credit queries) / pre-approval: Case to Case (Max 3 days).
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  1. Clear proposal in the body of the Email (Refer to the below Email template to be followed )
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC (All pages of passport) in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Name the documents (1-KYC Docs. 2- Application forms. 3- SC. 4- Pay slips 5- BS. Etc…)
  1. UAB Forms
  2. Valid KYC Docs
  3. Valid Salary Certificate
  4. Bank statement for last six months along with six salaries (WITHOUT PASSWORD PROTECTION)
  5. Credit report from work place to be provided upfront showing the score and liabilities if any and should be within 30 days
  6. Pay slips for the last six salaries, if there are any variations in the credited salaries.
  7. ID Card Proof
  8. Resident address proof(Utility bill , driving license )

Note: Min salary as per SC should be AED 25K ,However , salary credit after tax deductions less than 25k is fine subject to AVG 25k

  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 days.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Mortgage Application Form
  2. KFS
  3. Suitability & Affordability Form
  1. Clear proposal in the body of the Email (Refer to the below Email template to be followed)
  2. All Docs should be in PDF (Clear scan copy)
  3. Clear KYC (all pages of passport) in 1 PDF
  4. Application & Submission Forms in 1 PDF
  5. Name the documents (1-KYC Docs 2- Application forms 3- Income Docs 4-BS Etc)
  1. UAB Forms
  2. KYC Docs
  3. 6 months personal bank account statement up to date
  4. Average CTO for the personal bank account statement for last 6 months (AED 25K)
  5. Copy of the trade license along with shareholder’s certificate.
  6. MOA copy with all addendums.
  7. Company profile
  8. ID Card Proof
  9. Tax report for personal
  • Bank submission – first reply from banker: 1 day.
  • From login in credit – first reply (credit queries) /pre-approval: 2 days.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. KFS – variable and fixed-rate home loan (approved)
  2. Approved Residential Home Loan Form (10 May 2020)
  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. Please ensure HSBC forms are filled in full
  3. Clear proposal in the body of the Email
  4. All Docs should be in PDF (Clear scan copy)
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  • HSBC Forms
  • Valid KYC Docs
  • Valid Salary Certificate
  • Bank statement reflecting 3 salaries (WITHOUT PASSWORD PROTECTION)
  • Pay slips for the last 3 salaries, if there are any variations in the credited salaries.
  • Bank submission – first reply from banker: within 24 hours.
  • From login in credit – first reply (credit queries) / pre-approval: Approval in principle received in 24-48 hours.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. KFS – variable and fixed-rate home loan (approved)
  2. Approved Residential Home Loan Form (10 May 2020)
  1. Clear proposal in the body of the Email (Refer to the Email template )  
  2. All Docs should be in PDF (Clear scan copy)
  3. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  1. HSBC Forms
  2. KYC Docs
  3. 6 months bank statement for the personal account up to date
  4. 12 months bank statement for the company account up to date if the company has multiple accounts. Hence, a statement for each account to be provided
  5. CTO for the company for the last 12 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums.
  8. Copy of the financial audit report for the last three years
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. List of Main 8 suppliers with payment terms and mode of payments with proof for each (invoice/cheque copy/TT receipt).
  13. List of 8 main customers with payment terms and mode of payment, with proof for each (invoice/cheque copy/TT receipt). Please fill out the attached document
  14. Copy of the highest 5 cheques deposited into the company account in the last six months.
  15. Contract in hand if any
  16. Tenancy contract
  17. Company profile
  18. Company AECB report
  • Bank submission – first reply from banker: within 24 hours.
  • From login in credit – first reply (credit queries) / pre-approval: within 48 hours.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. KFS – variable and fixed-rate home loan (approved)
  2. Approved Residential Home Loan Form (10 May 2020)
  1. Clear proposal in the body of the Email
  2. All Docs should be in PDF (Clear scan copy)
  3. Name the documents
  • HSBC Forms
  • Proof of residence (National ID /Driving license /Electricity bill)
  • Credit report from CM’s work country showing the score
  • Valid Salary Certificate
  • 3 months Bank statement reflecting salaries (WITHOUT PASSWORD PROTECTION)
  • Pay slips, if there are any variations in the credited salaries
  • Bank submission – first reply from banker: within 24 hours.
  • From login in credit – first reply (credit queries) / pre-approval: within 48 hours.

Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Credit Information Consent Form
  2. Client Application Form
  3. Home Finance Important Information Document/ Key Facts Statement

Notes: We have to CC Home.finance@sc.com for all leads.

  1. Clear proposal in the body of the Email (Refer to the Email template)
  2. All Docs should be in PDF (Clear scan copy) Not mandatory
  3. Clear passport & valid Visa in one PDF / Not mandatory
  4. Family book for local
  5. Name the documents (1- KYC Docs. 2- Application forms. 3- SC. 4- Pay slips. 5-BS Etc…)
  • SC Forms
  • Passport, Residence visa & Emirates ID
  • Salary Certificate
  • Payslips of the last 3 months if the salary is variable
  • Payslip/ Letter for Bonus /HRA if applicable along with bank statements showing credit (Total in last 3 months *70%/3 )
  • For Bonus (Last 2 year –Pay slips /Bonus letter + credit proof in the BS (Total *70% /2 and then /12
  • Accommodation provided by the company cannot be added back (Future HRA)
  • Education allowances can’t be added back
  • Last 3-month salary bank account statement
  • Labour contract Mandatory if CM on golden visa /Free zone ID card applicable
  • Company ID mandatory for all cases
  • Bank submission – first reply from banker: 24 hours.
  • From login in credit – first reply (credit queries) / pre-approval: online approval 24 hours.
Filled Application Form for case submission

To Check The Forms, You Can Click Here.

  1. Credit Information Consent Form
  2. Client Application Form
  3. Home Finance Important Information Document/ Key Facts Statement
  4. Client Consent to Access Credit Information (where the client is a Partner in the company and authorized to sign on behalf of the company)
  1. Clear proposal in the body of the Email (Refer to the Email template)   
  2. All Docs should be in PDF (Recommended )
  3. Clear passport & valid Visa in one PDF (Recommended )
  4. Family book for local
  5. Name the documents (1-KYC Docs. 2- Applications forms. 3-TL 4-MOA. -5-BS. Etc…)
  1. SC forms
  2. KYC Docs
  3. 6 months bank statement for the personal account up to date and all currencies
  4. Last 6 months company bank account statements of all accounts held in the UAE
  5. CTO for the company for the last 6 months
  6. Copy of the trade license along with shareholders certificate.
  7. MOA copy with all addendums. (The latest MOA is mandatory)
  8. Copy of the financial audit report for the last 2 years (If there is no AFS, LTV will be reduced by 10%)
  9. VAT registration certificate.
  10. VAT report for the last 12 months.
  11. VAT payment receipts for the last 12 months.
  12. Company profile
  13. invoices of last 6 months business transactions (Not mandatory)
  14. Contract in hand if any
  15. Tenancy contract
  16. Management can be added back either if mentioned in AFS Or a letter from the company
  17. FV for more than 3 M Dirham
  18. Flexi desk not allowed (Case to case)

 

Notes:

  • Calculation for monthly income : Last 6 months * 2 * industry margin * profit share /12
  • M.I *7 (Max finance amount)
  • Max’s proposed finance amount is 10M Dollar
  • The same rate for salaried CM
  • Bank submission – first reply from banker: 48 hours.
  • From login in credit – first reply (credit queries) / pre-approval: 5 to 7 days (Max) – case to case.

Note: SC have to meet the CM prior to approval to sign the Forms.

Filled Application Form for case submission

Applicants residing in Phase 1 Markets are now eligible for Mortgage in UAE!

  • Phase 1 Launch –Existing to Bank Clients.
  • Bahrain, Singapore, Botswana, Hong Kong, Zambia, Jersey, Uganda, Indonesia, Taiwan, Malaysia, Brunei
  • Loan to Value Ratios LTV Cap for Non-Residents is 60% both for Salaried and Self-Employed
  • DBR- 50%
  1. Duly filled SC forms (To check the forms you can click here)
  2. The clear proposal in the body of the Email refers to the agreed checklist
  3. All Docs should be in PDF (Clear scan copy) Not mandatory
  4. Clear passport & valid Visa in one PDF / Not mandatory
  5. Family book for local
  6. Name the documents
  7. Haircut to Monthly Income – A 20% Haircut will be applied to the client’s total income to cover Exchange Rate Fluctuations–Total Income after the haircut should be 30K AED
  8. Income: Clients with income above AED 37.5K per Month as per the latest exchange rate (Joint Applicant Income can be considered too)
  9. Min Experience (Salaried): Years (Please include Experience in Source of Wealth Form)
  10. Min Experience (Self–Employed): 5 Years (Please include Experience in Source of Wealth Form)
  11. Minimum Age: 21 Years
  12. Max Loan Tenure: 25 Years
  13. Nationalities: Exclusions- Afghanistan, Belarus, Cuba, Iran, North Korea, Occupied Ukraine, Russia, Syria, Venezuela

Salaried cases:

  1. Application Form (AOF)/IID
  2. ID Proof: Passport ( OSV by Home Country RM)
  3. Credit Bureau
  4. Address Proof: Utility Bill, Tenancy Agreement, Title Deed
  5. Notarised Income Proof: Payslip/Salary Certificate-Notarised
  6. 6 Months Bank statements (where income is debited)-Notarised
  7. Personal Tax Returns-Notarised

Self Employed Cases:

  1. Trade License-Notarised
  2. AOA-Notarised
  3. Shares certificate-Notarised
  4. Audited financial statements-Notarised
  5. Company’s bank statement-Notarised
  6. Company tax returns-Notarised
  7. Address Proof of his company (only required for cases above 3 million Dirham)

For Salaried Cases:

  • Bank submission – first reply from banker: 1 Day.
  • From login in credit – first reply (credit queries) / pre-approval: 2 to 3 working days.

For Self Employed Cases:

  • Bank submission – first reply from banker: N/A.
  • From login in credit – first reply (credit queries) / pre-approval: N/A.