A minimum monthly salary of AED 5,000 is required to be eligible for NEO Credit.
Our interest rates range from 9.49% to 26.49% per year. We will do our best to offer you the lowest interest rate, based on your profile and loan duration.
You will need your Emirates ID to apply for the loan.
You will have to open a Mashreq Account for installment repayment.
Requisite documentation may be required for account opening.
Once your income has been verified from UAEFTS or AECB, and your Mashreq Account is activated, your loan amount will be credited to your account.