ADIB Credit Card Loan

What is an ADIB Credit Card Loan?

Abu Dhabi Islamic Bank offers the ADIB credit card loan. With this credit card facility, you can convert your available credit limit into instant cash. Unlike traditional loans, this service offers instant approval, competitive profit rates, and repayment through monthly instalments.

If you need immediate cash for personal needs, such as education, travel, or emergencies, ADIB’s card loan helps you meet your financial requirements. 

Types of ADIB Credit Card Loan

Primarily, you can opt for 3 types of loans on ADIB credit cards - 

ADIB Cash on Call 

The cash on call facility works as a cash advance on a card. You can instantly access cash from your credit card limit. The ADIB Cash on Call service allows you to transfer funds from your card to a bank account. 

ADIB Balance Transfer 

There are 2 ADIB credit card loan offers on the Balance Transfer facility: 12 months and 3 months. You can transfer your balance and earn zero profit for 1 year. In this, you can use up to 50% of your cover limit. The other offer is, you can transfer your balance, earn zero profit for 3 months, and use up to 100% of your cover limit. 

Note that a one-time processing fee of 2% of the balance transfer amount or AED 200 (whichever is higher) is applicable if you choose the 3-month plan. For the 12-month plan, the bank charges a one-time processing fee of 3% of the balance transfer amount or AED 200 (whichever is higher).

ADIB Easy Instalment Plan 

With the Easy Instalment Plan, you can shop at selected merchants (available as per your card) and pay the entire amount in instalments. The bank offers an instalment payment period of 3, 6, 9, and 12 months.

You can choose any tenure depending on the amount of the purchase and your financial convenience. This plan comes with a 100% waiver of Murabaha Monthly Profit. Additionally, no processing fee is charged.

How to Apply for an ADIB Credit Card Loan?

Seamlessly apply for an ADIB credit card loan by calling the bank officials at 600543216. 

How to Repay the Loan on an ADIB Card?

Once your monthly statement is generated, you can repay your loan via internet or mobile banking. Log in to your account and find the relevant option to make a payment.  

Alternatively, visit the nearest ADIB bank branch to pay in cash or cheque.

FAQ's On ADIB Credit Card Loans