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Get insured your banking Services

You should consider your insurance policies in UAE regarding your mortgage loan or any other property. This insurance plan can be applied on many other services as well. Usually, there are two types of insurances available for borrowers in UAE: Lifespan insurance which is bit expensive but quite perfect for expatriates. This is particularly intended for the borrower’s family so that to cover the unexpected happenings. It covers all the loan expenses in case the mortgage holder dies during the mortgage lifespan or in case of any other serious damage. Thus, the family does not have to evacuate the house, and the entire mortgage will be paid through the insurance coverage without any trouble. Before moving towards this option, you should understand the working pattern of banks because it is different from one another. As you can see that most of the banks in UAE are divided into Islamic banks and conventional banks, so your choice will be mattered a lot. While moving towards your Ins...
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What Benefits you can Get from Investment Banking?

You need to get into the list of Top Tips regarding banking in Dubai. First of all make sure the bank has an ATM machine next to your home or office, which would be a plus point. You don’t need to get into any trouble for cash at the spot. Also in case you want to get some minimum, you can easily avail of this option. You don’t have to go too far just to withdraw Dh100 for grocery or other small expenses. But before you jump right in and make that call about a certain bank, keep one thing in your mind that either it can provide investment banking solutions or not? Along with the above mentioned query, you first need to consider a few things about yourself which is very important: ·       Can you explain your reason for stay in UAE or are you a resident here? One more thing do you work for a company as an employee and earning a handsome salary package? ·        Are you a resident and do you have your own business with multip...
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Getting the best investment solutions in 2020

Are you looking for the best business opportunities in different parts of the world? this question has depicted the nature of traders and investors working around the globe. Investment opportunities can be handled by cleverly establishing a business setup. There are many private banks as well as local public sector banks in UAE which can help you to make some clear grounds for working or taking a new setup.  The complete Middle Eastern region working in a quiet professional manner because of diverse business space and involvement of international traders. Most of the renowned banks come under the category of investmentbanks in the UAE along with other banks. The different functions and services are available from these banks by opening an account. The major function performed by these banks in the UAE is to take care of the capital of a client and safely managing their wealth. One more direction can be explored with this perception which is reacted to the working ...
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Execution of a Saving Plan

To execute a savings plan regarding a domestic purpose or a commercial purpose, we need to take the services of a bank to open a savings account UAE . Such accounts are available at different banks including investment banks and any other. Some of the wealth management firms and investment banks for future investments are trying to cover the needs and demands of a client on a priority basis that can provide some profit.  First of all, we will discuss the domestic plan through a simple current account. Suppose you are living in a state that is to your homeland like we can take the example of Dubai. Now you have two options, either to get settled by taking the services of a mortgage in Dubai or by paying the rent till your contract ends. If you choose the first one it means you are making a saving plan that is in the best interest of your coming generation. These are two options, now which one is suitable for you is the next question that is frequently asked most of ...
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What Expatriates can do to Get a Loan?

If you are an expat in UAE, a lot of things out there which can provide you different kinds of financial opportunities. Like we can take the example of a banking system which is perfectly running following the international standards. On one side we have conventional patterns while on the other side, the Islamic banking system is working attracting the majority of customers. What is the most suitable package is Islamic loan which is a type of loan being provided by Islamic banks following the sharia rules.  This is totally opposite to the traditional system and does not follow the commercial interest rate regulations. It is basically held as an interest-free account that is available for all kinds of customers including local as well as outsiders. There are few important things like profiting via interest on one’s money is not allowed in Islamic banking. What are the other important points that one should need to read before taking any service especially home loan or be...
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Best Future Plan for an Expat in UAE?

Do you want to get your own property in UAE? It can be anything like a home or something else. If you resident then it's fine but if you have a status of an expat then you must have a plan for getting your own property in the future. This is possible for all people whether he/she is a high-net-worth individual or a middle-class company employee. Two factors that are pretty important for such a plan are time and management for your actual resources. You can convert your dream into a reality through proper savings in your account or by taking the best personal finance in UAE . The second one is the point we will discuss today. Keep one thing in your mind that if you put your wealth in a business with a proper working, only then you can make your money double. While in the rest of the cases you just waste your savings. Also if you don’t have the basic idea about the local investment trends in UAE, there would be fewer odds that you get into a difficult situation.  There are two...
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Credit Card VS Home Finance: Is there any Relationship Between These Two Terms?

These two are different banking terms and nothing much to do with each other. If I say there is a strong connection and both can help an account holder what you will say? I will prove it through different examples. Before that, you will have to understand the credit card types and their availability. We have known to different cards like an entertainment credit card, golf credit card, travel credit card and cashback credit card but what is their source, do you have any idea? Two options in UAE are available as: • Credit card through Islamic banks  • Credit card through conventional banks When we discussed the two banking units, they vary considering interest rate point as we can see Islamic banking works without taking interest rate and provide Islamic bank credit card on actual balance payments. While on the other hand, conventional baking provides some excellent perks and benefits but with an interest rate.  Some of the unique offers like we can say that p...
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