Mashreqbank has announced a Summer Loan Carnival, whereby 15 lucky winners taking out loans this summer will have all the interest payable on their loans written off for the duration of the loan.
The three-month loan fest, from May through July, is open to everyone taking out either fresh or top-up loans of Mashreqbank’s Al Hal loans, for UAE Nationals, or MashreqPersonal loans, for expatriates.
“This summer’s holiday season is going to be even more special for 15 lucky winners of our Loan Carnival, as they will not have to pay any interest for the entire duration of their loan. Whether it is to finance a holiday or new furniture, or for any other reason, it is our way of giving our lucky customers a ‘holiday’ from interest payments,” said Atif Bajwa, Head of Retail Banking Group, Mashreqbank.
Customers availing personal loans will also have the option of availing a Mashreqabank WOW! Credit Card without any fees for the first year.
Each month of the promotion, three winners will be selected from fresh loan applicants and two additional winners from top-up loan candidates. The draws are held separately for each category under the supervision of the Dubai Department of Economic Development.
Full details of the Mashreqbank Summer Loan Carnival may be obtained from any of Mashreqbank’s 34 branches and two mall banking units in the UAE, or from the bank’s website at www.mashreqbank.com or by calling 04-2174800 (24 hours).
