Key Fact Statements (KFS)

• The Bank reserves the right to amend its Terms and Conditions, with a 60-day prior notice to you.
• The Bank’s Terms and Conditions (including any relevant applications and documents) shall be read and implemented in line with this KFS. https://www.mbank.ae/terms-conditions/
• The cooling-off period allows you to cancel the product within 5 business days of signing the application and bank will not proceed until this period expires unless you wave this right. A notice to the bank must be given in case of cancellation.
• You can contact the Bank for any enquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

Original deposit amount => AED 50,000
Interest rate => 0.25% per annum
Period => 1 month
Monthly interest amount => (50,000*0.25%*30)/365 = AED 10.27

• In the event of your failure to meet our terms and conditions before and during your relationship with us, there will be consequences which may include but not limited to restriction, blockage, or closure of your Saving Deposit and/ or linked account(s).
• The Bank may apply any credit balance which is held in your name in any account and/or at any branch of the Bank towards any obligations or amounts due.
• You are required to provide updated documents duly verified to the bank. Not updating these documents might result in the application of the applicable charges, transactions being restricted, the account being blocked, or the account being closed.
• Failure by the Customer to abide by the applicable Laws or breach any of the Mbank Consumer Banking Terms and Conditions, shall impact operation of the Account/Account services and could also lead to freezing, suspension or closure of the Account.

• The Bank reserves the right to amend its Terms and Conditions, with a 60-day prior notice to you
• The processing of your application leading to the disbursal of the loan may take up to 10 business days from the time Bank receives complete and accurate information and documentation. In case your loan is being taken over from another institution, the processing time may extend depending on receipt of all documentation from the other institution
• All interest charges applicable are calculated from the date of loan disbursal
• In case you fail to fulfil your obligations as per the Terms and Conditions, before and during your relationship with us, there will be consequences including, but not limited to penalties
• The Bank’s Terms and Conditions (including all related applications and documents) must be read and performed in accordance with this KFS https://www.mbank.ae/terms-conditions/
• The cooling-off period allows you to cancel the product within 5 business days of signing the application and bank will not proceed until this period expires unless you wave this right. A notice to the bank must be given in case of cancellation
• You can contact the Bank for any enquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

This is an example. Specific rates at time of facilities may vary and shall be advised accordingly.

Loan amount => AED 100,000
APR => 7.56%

Based on fixed interest rate of 6.99% per annum (equivalent flat rate of 4.04% per annum) & processing fee of 1%.

Loan period => 48 month (4 years)
Total interest amount = 100,000*4.04%*4 = AED 16,160
Total repayment amount = 100,000 + 16,160= AED 116,160
Equated monthly payment (EMI)= 116,160/48 = AED 2,420
Outstanding principal amount= AED50,000
Early settlement fee 1.05% = AED525

• When you miss repayments, this could affect your credit score and limit your ability to access loan/financing in the future
• If you do not meet the monthly repayments on your loan, your account will go into arrears and incur late payment fee
• Any other accounts you have with the Bank may be used to set off against amounts owed under your Elite Finance loan
• When you refinance your loan or avail installment deferments, it may take longer to pay off than your previous loan. It may also result in paying more interest

• The Bank reserves the right to amend its Terms & Conditions, with a 60-day prior notice to you
• The processing of your application leading to the overdraft limit setup may take up to 10 business days from the time Bank receives complete and accurate information and documentation.
• All interest charges applicable are calculated from the date of loan disbursal.
• The Bank’s Terms and Conditions (including all related applications and documents) must be read and performed in accordance with this KFS. https://www.mbank.ae/terms-conditions/
• The cooling-off period allows you to cancel the product within 5 business days of signing the application and the bank will not proceed until this period expires unless you wave this right. Notice to the bank must be given in case of cancellation.
• Website, Email, SMS, Mobile Banking App or any other means of communication as deemed appropriate by Mbank.
• You can contact the Bank for any enquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

Utilized amount => AED 10,000
Interest rate => 15% per annum
Utilized period => 10 days.

Total interest amount = 10,000*(15%/365) *10 = AED 41.09

• If your account continues to remain in overdrawn status due to insufficient credits to the account, your credit score will be affected. It may also limit your ability to access loan/financing in the future.
• In case you fail to fulfil your obligations as per the Terms and Conditions, before and during your relationship with us, there will be consequences including, but not limited to penalties
• The overdraft facility may be withdrawn by the Bank at any time, and you must repay the Bank all outstanding on your account upon demand.
• Any other accounts you have with the Bank may be used to set off against amounts owed under your “Ziyada” overdraft.

• The Bank reserves the right to amend its Terms and Conditions, with a -60day prior notice to you.
• The Bank’s Terms and Conditions (including any relevant applications and documents) shall be read and
  implemented in line with this KFS. https://www.mbank.ae/terms-conditions/
• Cooling-off Period: The Cooling-off period allows you to cancel the Loan Agreement within 5 business days of signing the application and the Bank will not proceed with your application until this period expires unless you wave this right. A notice to the bank must be given in case of cancellation.
• You can contact the Bank for any inquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

Original deposit amount => AED 5,000
Interest rate => 1.5% per annum
Period => 6 months.

Monthly interest amount = (5,000*1.5%*30)/365 = AED 6.16

• Partial withdrawal or early redemption of the Saving Deposit Account will result in lower interest, or no interest being paid to you on
  the amount withdrawn.
• In the event of your failure to meet our terms and conditions before and during your relationship with us, there will be consequences which may include but not limited to restriction, blockage, or closure of your Current/Saving, Deposit and/ or linked account(s).
• The Bank may apply any credit balance which is held in your name in any account and/or at any branch of the Bank towards any
  obligations or amounts due.

Customer subscription amount = AED 500,000
Mbank Leverage (Up to 5x) amount = AED 2,500,000
Total customer subscription amount = AED 3,000,000
Share price = AED 2
Allocated amount = AED 25,000
Allocated number of shares = 12,500 shares
Leverage fee = AED 12,500*15fills = AED 1,875
VAT (5%) = AED 1,875*5% = AED 93.75

Total Subscription amount including leverage fee & VAT => AED 25,000 + AED 1,875 + AED 93.75 = AED 26,968.75

• The Bank reserves the right to amend/reduce the leverage amount requested in case there is a limitation to subscribe in the IPO without any responsibility on Mbank
• The Bank’s Terms and Conditions (including any relevant applications and documents) shall be read and implemented in line with this KFS. https://www.mbank.ae/terms-conditions/
• The customer must read the terms of the investment services form and the IPO prospectus (copy available on the IPO company’s website or upon request)
• This product provides immediate funds release for IPO subscription. Hence no cooling-off period
• Mbank owes no liability whatsoever to any party for any loss that may suffer because of the IPO subscription in which the investor subscribed through Mbank
• You can contact the Bank for any inquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

• Market value of the shares may fluctuate after listing and there are some risks associated with that investment accordingly
• Investing in and holding the shares involves financial risk. Investors should carefully review all the information contained in the IPO prospectus and should pay particular attention to the risks associated with the investment
• The Bank may apply any credit balance that is held in your name in any account and/or at any branch of the Bank towards any obligations or amounts due.
• If your account continues to remain in overdrawn status due to insufficient credits to the account, your credit score will be affected. It may also limit your ability to access loan/financing in the future

• The Bank reserves the right to amend its Terms and Conditions, with a 60-day prior notice to you.
• The Bank’s Terms and Conditions (including any relevant applications and documents) shall be read and implemented in line with this KFS. https://www.mbank.ae/terms-conditions/
• When you book the Fixed Deposit, you have the option of having the deposit automatically renewed or having the money credited to the connected Bank account upon maturity. If the deposit is renewed, the applicable tenor rate as of the maturity date will be applied.
• You can request to close your account through the Mbank app. The bank will acknowledge your request within two business days
• You can contact the Bank for any inquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111
• The cooling-off period allows you to cancel the product within 5 business days of signing the application and bank will not proceed until this period expires unless you waive this right. A notice to the bank must be given in case of cancellation.

Original deposit amount => AED 150,000
Interest rate => 3.22% per annum
Period => 6 Months

Interest amount = (150,000*3.22%*365/2)/360 = AED 2,448.54
Maturity amount = 150,000 + 2,448.54= AED152448.54

• In the event of your failure to meet our terms and conditions before and during your relationship with us, there will be consequences which may include but are not limited to restriction, blockage, or closure of your Deposit and/ or linked account(s).
• The Bank may apply any credit balance held in your name in any account and/or at any branch of the Bank towards any obligations or amounts due.
• In case you withdraw part of your Deposit or redeem it early, you will get less interest or no interest on the amount withdrawn.
• If a Fixed Deposit secures any retail product, you will not be able to access the deposit funds until the loan/credit product is closed.
• Failure by the Customer to abide by the applicable Laws or breach any of the Mbank Terms and Conditions, shall impact the operation of the Account/Account services and could also lead to freezing, suspension, or closure of the Account.

• The Bank’s Terms and Conditions (including all related applications and documents) must be read and performed in accordance with this KFS. https://www.mbank.ae/terms-conditions/
• Bank may from time to time, and at its sole discretion, change or amend any of the Terms and Conditions pertaining to this product. Such changes will be communicated to you with a 60-day prior notice.
• Bank, without referring to the Customer, may debit the Customer’s accounts with any charges, expenses, or commission payable against the banking services rendered in accordance with the approved and announced banking charges and commissions.
• For full and latest fees & charges and other product details please visit our website.
• There may be circumstances in which you have to pay other fees. You may visit this link to view these other fees: https://www.mbank.ae/fees-charges/
• All interest charges applicable are calculated from the date of card activation.
• Website, Email, SMS, Mobile Banking App, or any other means of communication as deemed appropriate by Mbank.
• You can contact the Bank for any inquiries, assistance, or complaints at any of its branches or by calling our customer services on 600 57 1111

Utilized amount => AED 10,000
Interest rate => 15% per annum
Utilized period => 10 days

Total interest amount = 10,000*(15%/365) *10 = AED 41.09

• If you do not meet the repayments on your credit card, your account will go into arrears and incur late payment fees. This may affect your credit score, which may limit your ability to access financing in the future.
• If you make only the minimum repayment each period, you will pay more in interest, and it will take you longer to pay off your outstanding balance.
• In case you fail to fulfill your obligations as per the product Terms and Conditions, before and during your relationship with us, there will be consequences including, but not limited to penalties.
• You are required to provide the Bank with copies of your updated documents at all times. Not providing these documents might result in charges, transactions being restricted, accounts being blocked, or accounts being closed.
• Any other accounts you have with the Bank may be used to set off against amounts owed under your credit card(s).