ProviderMashreq
Mashreq Balance Transfer
Eligibility unknownBalance TransferConsolidate card and loan balances at a promotional rate.
Last verified Nov 11, 2026, 3:01 PM2 sources behind these figures
Terms and conditions
| Pricing | |
| Minimum amount | AED 10,000.001 source
|
|---|---|
| Maximum amount | AED 2,000,000.001 source
|
| Rate type | Reducing balanceNo evidence recorded |
| Interest rate (APR) | 8.36% p.a.1 source
|
| Profit rate | —No evidence recorded |
| Processing fee | 1.05% flat1 source
|
| Processing fee cap | AED 2,500.00No evidence recorded |
| Early settlement fee | 1.05% flat1 source
|
| Promotional rate | 2.51% p.a.1 source
|
| Promotional period | 12 months1 source
|
| Transfer fee | 2.00% flat1 source
|
| Terms | |
| Salary transfer required | No1 source
|
| Processing time | 2 daysNo evidence recorded |
| Shariah compliance | |
| Shariah structure | —No evidence recorded |
| Profit rate basis | —No evidence recorded |
| Shariah board reference | —No evidence recorded |
| Eligibility | |
| Minimum monthly income | AED 14,000.00No evidence recorded |
| Minimum age | 21 yearsNo evidence recorded |
| Maximum age at maturity | 60 yearsNo evidence recorded |
| Residency eligibility | Residents and UAE nationalsNo evidence recorded |
| Eligible employer types | Private sector, GovernmentNo evidence recorded |
| Minimum tenure | 6 monthsNo evidence recorded |
| Maximum tenure | 48 months1 source
|