Product Income Requirements
- Minimum salary of AED 10K per month for expats.
- Loan options available for both salaried and self-employed applicants.
Documents Required – Uploadable Online to Holo
Identification:
- Passport
- Visa
- Emirates ID
Employment Details (For Salaried Applicants):
- Original salary letter containing name, nationality, passport number, start date, designation, and basic income.
- Latest 6 months’ pay slips (originals or company-stamped copies).
Bank Documents – Salaried Applicants:
- 6 months of personal bank statements.
- Latest credit card statement.
- Most recent personal or car loan statement.
Self-Employed Documents:
- Trade license.
- Memorandum of Understanding (MOU).
- Articles of Association (AOA).
- 2 years of audited financials (if available).
Bank Documents – Self-Employed Applicants:
- 6 months of business bank statements.
- Listed liabilities of the company.
Supporting Documents (If Required):
- Details of large or recurring monthly debits from your salary account (e.g., insurance, savings plans, regular transfers to other UAE or overseas accounts).
- Company website or profile on company letterhead if your employer is not a multinational.
- If employed for less than 1 year, a letter or proof from your previous employer detailing the length of service.
- Free zone identification card, if working in a free zone.
- Proof of deposit source.
- Passport and visa copies of spouse (if applying jointly).
- Emirates ID of spouse (front and back copies) if applying jointly.
- Attested marriage certificate (unless the husband sponsors the wife on a visa) if applying jointly.
- Full documentation for both applicants if joint income is being considered for loan eligibility.
