1- If customer fails to pay any installment for any reason the remaining installments shall become immediately due and payable
2- You may have to pay penalties if you pay off a finance early
3- If you do not meet the repayments/payments on your finance, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
4- Refinancing your finance may take longer to pay off than your previous finance and may result in paying more profit
Financing your personal plans is now easier than ever
Enjoy the most out of life with our Personal Finance solution. Get a head start on achieving your dreams and start securing a brighter future, right away. Apply for a Personal Finance and get cash that will help with school fees, a personal investment, travel, furnishing your house or paying rent – we are always here to support you.
- 1st installment is after 150 days
- Low profit rates
- Fast approvals
-Repayment tenure up to 48 months
Highest Finance Amounts. Lowest Profit Rates
Investing in a new project and need cash? furnishing your home, or want your children to get the best education possible? Whatever your needs are, we are here to help get you closer to achieving them.
Personal Finance - Services
- Holiday packages / Air tickets
- Medical treatment
- House/Flat / office/ shop annual rent
- Wedding & Events expenses
Personal Finance – Goods
- Household Appliances
- Building Materials & Tools
- Personal Computers & Lap Tops
- Boats, Motorcycles & machineries*
Additional Personal Finance
An extra helping hand for total peace of mind.
Circumstances can change from one day to another. Our Additional Finance offers the option to consolidate existing liabilities and at the same time support with additional funds to fulfill all personal finance needs.Apply Now
Takeover liability from other banks
Cut all your liabilities down to one place.
Simplify your life with this convenient solution, as we take over all your liabilities from any bank or institution, and consolidate them into a single finance scheme.
Calculate your monthly Personal Finance installments
Personal Finance For all your lifestyle needs.
1 Years4 Years
Before text of terms and conditions Terms and conditions apply. Actual value may differ. apply. Interest rates vary by tenure subject to bank policy.Apply Now
Add more life to living.
Looking to upgrade your living , but short of the means to make it happen? Our rent finance scheme can give you a crucial boost and offer everything you need.Apply Now
The world is now at your reach.
Whether you are traveling for business or leisure, you can now fully enjoy the luxury of getting comprehensive finance for your trip with easy and flexible installments, while making the best of a range of privileges through our network of partners.Apply Now
Sharjah Government Waffer Program
Sharjah Government employees and “Waffer” program members' exclusive package includes a wide range of products and services that are designed to fulfill all their banking needs.
-Best competitive profit rates on finances
-Up to AED 1,000 Cash Joining bonus on salary transfer (new customers only)Learn more
- Application form
- Valid Passport copy (with visa page for expats)
- Salary transfer letter/ Salary certificate addressed to SIB
- Liability Certificate issued by the other bank (If applying for Liability Takeover)
- Three months bank statement (If Salary not transferred to SIB)
- Emirates ID Copy
- View Terms and Conditions
- Minimum Salary AED 5,000
- Salary must be transferred to SIB
- Employer must be listed in SIB approved list of employers
- AECB report is required
- Minimum age to apply 21 years
- Maximum age at time of completion of finance tenor should be 65 years for UAE Nationals and 60 for expats
What would you like to do?
Frequently asked questions
What's the difference between Murabaha and Ijarah personal finance?
Murabaha covers finance solutions for goods, while Ijarah covers services.
Can I cover my rent payments with Personal Finance?
Yes, you can apply for our Ijarah Services solution under SIB's Personal Finance umbrella to cover rent for not only your home, but also office and commercial space.
How long does the Personal Finance application process take?
The exact processing period for applications depends on personal circumstances, but you can rest assured that our approvals are generally fast and straightforward.
How do I sign up for Online Banking?
All you need to do is visit the Online Banking page through www.sib.ae and register as a new user of a retail account. You should have your card or account number and verification code ready to create your user ID and complete the process.