On the occasion of the Holy month of Ramadan and to share the joy and blessings of the month with its customer, Mashreq is offering a monthly postponement plan for the month of September for UAE Nationals and expatriates on it’s personal loan product.
The postponement of installment program is applicable to all eligible individual customers who have a personal loan with the bank. Mashreq customers will be offered postponement for the month of September 2010, implying that they are not expected to make any payment. Customers can walk into the extensive network of Mashreq branch across the UAE to avail the offer and qualify for the deferment.
“At Mashreq, we appreciate and value our customers and want to ensure that we share with them the joy and blessings of the Holy month of Ramadan. The core of our relationship with customers is to constantly offer convenience across our product offerings and ensure it meets customer’s banking requirements,” said Vimal Kumar, Head of Retail Assets & Cards Business, Mashreq.
In order to qualify for the postponement offer, customers must be regular with their payments and should not have availed a postponement installment before with the bank.
“We understand the financial responsibility that the month of for Ramadan and Eid brings and hence we hope the postponement of personal loan installment will go a long way in easing the financial stress on our customers,” continued Kumar.
Mashreq recently launched end-user loans such as Education Loan, Holiday Loan and Marriage Loan, each product tailor-made to accommodate customers banking requirement. Customers can avail of these offering
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