DIB Launches MyHome, A New Home Finance Product

Dubai: Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank on Sunday launched MyHome, a new home finance product that is set to change the face of home finance in the UAE.

The bank said the new product removes challenges related to complex multi-staged paperwork, while adding many new attractive options as part of the package.

MyHome offers a widest range of profit rates in the UAE market giving customers greater choice and flexibility throughout the life of their home finance, from choosing their monthly payments, budgeting for the extras that come with home buying to taking care of their home and contents and even protecting the family’s future.

“The sheer transparency and simplicity of DIB’s MyHome offering vis-a-vis pricing as well as the flexibility and variety of payment mechanisms and value-added services at attractive discounts help ease them into their new abode,” said Varun Sood, Chief of Home Finance at DIB.

The new product comes with a wide range of additional services, comprising of low cost solutions for the extra expenses that come with home buying, Takaful protection for their families and the property. In addition it also comes with MyHome Credit Card.