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New Minimum Payment Due Calculation
The New Minimum Payment Due Formula
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New Minimum Payment Due Calculation
Effective May 1, 2007

The New Minimum Payment Due1 Formula

Going forward, your Minimum Payment Due will be the higher of the following:
(A) AED 100;
  OR
(B) 2.74% of your 'Current Balance3' + Easy Installment Plan (EIP) Installment(s) + Loan on Phone (LOP) Installment(s) + Current Billed Finance Charge + Current Billed Late Fee + Past Due2 Amount + Overlimit4 Amount

Please note that if your Current Balance is less than AED 100, then the Minimum Payment Due will be equal to your Current Balance.



Sample Statement