Personal loan in uae
Get instant loan in uae-with low salary
Best personal loan in uae
A personal loan is money borrowed from a bank or lender for personal use, with fixed repayment terms and interest rates. Whether for unexpected expenses, debt consolidation, or pursuing personal goals, you can obtain personal loans for diverse financial requirements. This page will dive into the advantages and features of personal loans UAE, helping you wisely leverage this financial resource to meet your aspirations and navigate financial challenges effectively.
ADCB loan for expats
Minimum salary
AED 5000
Fixed rate
5.75 %
Maximum loan
AED 1500000
key benefits
- Competitive interest rates
- Simple documentation
- Up to 2X Salary overdraft
- Loan consolidation available
Features
- Up to two times salary overdraft
- Get credit life insurance
- Get touchPoints every AED 1000 of loan ammount
Documents
- application form
- Last 3 months bank statements copy
- Salary certificate issued to ADCB,
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
Mashreq personal loan for expats
Minimum salary
AED 5000
Reducing rate
4.75 %
Maximum loan
AED 1000000
key benefits
- Competitive interest rates
- Instant online approval in 5 minutes
- 1st EMI deferral period of up to 90 days
Features
- Salary AED 5,000 for approved companies & AED 10,000 for unapproved companies.
- Not mandatory to be employed at an approved company for loan.
- Must be a ‘Confirmed’ employee (or) length of service to be 6 months at the current company.
- Salary transfer is required for loan.
- Maximum tenure is 48 months.
- 2% of the delayed amount
Documents
- Last 3 months bank statements copy
- Salary certificate issued to mashreq bank
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
NBD loan for expats
Minimum salary
AED 5000
Fixed rate
5.69 %
Maximum loan
up to AED 30,00000
key benefits
- Competitive interest rates
- Free insurance fee
- Easy loan applications
Features
- Get payment deferment up to 60 days
- 7 days return option available
- Maximum loan tenure up to 48 months
- Get up to 2 non-consecutive deferments in a loan cycle
- Salary must be transferred to Emirates NBD
- No minimum length of service
- Applicable for Listed & Non-Listed Companies
Documents
- Undated security cheque
- Last 3 months bank statements copy
- Salary certificate issued to NBD
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
- DDS registration form
FAB loan for expats
Minimum salary
AED 7000
Fixed rate
5.34%
Maximum loan
AED 2000000
key benefits
- Grace period of up to 275 days for the first instalment
- Simple documentation
- Up to 2X Salary overdraft
Features
- 6 months service or confirmed in employment with your current employer
- Employed with a governmental, semi-governmental or legitimate private organisation
- Variable Interest Rate 6.95% per year
- Salary transferred required
- Working in a company approved by FAB
Documents
- Liability letter or a clearance letter (in case of buyout loans)
- Last 3 months bank statements copy
- Signed and completed application
- Salary certificate issued to FAB
- Need Salary transfer letter
- Copy of Passport, Visa & Emirates Id Card copy
ADIB loan for expats
Minimum salary
AED 5000
Fixed rate
5.75 %
Maximum loan
AED 20,00000
key benefits
- Up to 210 days grace period​
- 2 instalment postponements without fee​
- Pre-approval in 30 minutes​
Features
- Repayment terms up to 48 months
- Up to 210-days instalment holiday for the first payment​
- Get touchPoints every AED 1000 of loan ammount
Documents
- The applicant must be a Salaried individual residing in UAE
- Last 3 months bank statements copy
- The applicant should be above 21 years
- Fresh salary transfer letter
- Valid Passport, Visa & EIDA Card copy
CBD loan for expats
Minimum salary
AED 8000
Reducing rate
5.5 %
Maximum loan
AED 750,000
key benefits
- Competitive interest rates
- High loan amounts
- Deferment facility.
Features
- repayment period up to 48 months
- Salary transferred required
- Current account with minimum balance requirement waived
- six months minimum length of service
- CBD Approved confirmed employee
- Top-up of existing CBD Personal Loan
- Facility of free Debit Card for purchases and withdrawals
Documents
- Need application form and loan agreement
- Last 3 months bank statements copy for new customer
- Need Salary certificate
- Valid Passport, Visa & EIDA Card copy
Emirates Islamic loan for expats
Minimum salary
AED 10000
Flat profits rate
4%
Maximum loan
AED 30,00000
key benefits
- Get high personal finance amount and low interest rate
- Flexible, extended repayment periods
- Facility of Consolidating debts
Features
- Simple, quick approval process
- No over limit fees or additional charges with a lower profit rate
- easy payment plan involving the same instalment every month
- Nominal processing fees
Documents
- Minimum one month/first salary credit into Emirates Islamic account
- Maximum age of 60
- Last three months bank statements
- Account opening forms for shares trading
- Need Liability letter (forbuyout cases only)
- Valid Passport, Visa & EIDA Card copy
HSBC loan for expats
Minimum salary
AED 7500
Reducing rate
7.24%
Maximum loan
AED 10,00000
key benefits
- Flexible repayment terms
- personalised interest rate
- No credit life insurance needed
Features
- Maximum tenure 48 month
- Get credit life insurance
- Easy documentations
- Early settlements and partial payments
Documents
- Need Last 3 months bank statements copy
- Salary certificate issued to ADCB,
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
DIB loan for expats
Minimum salary
AED 3000
Reducing rate
5.99 %
Maximum loan
AED20,00000
key benefits
- Ist instalment in up to 90 \days *
- Low Salary Requirement
- Easy documentations
Features
- Tenure up to maximum of 48 months
- Quick processing
- Interest rates are based on the applicant’s profile
Documents
- Copy of Passport (with residence visa for expatriates)
- copy of valid trade license (for self-employed professionals/businessmen)
- Need Salary transfer letter
Arab bank loan for expats
Minimum salary
AED 75000
Reducing rate
5.99 %
Maximum loan
AED 730,000
key benefits
- Low interest rates
- repayment tenure up to 4 years
- Loans buyout facility
Features
- Get Loan amount up to AED 730,000
- Grace Period of up to 90 days
- Fast loan application processing time
- Fast loan application processing time
Documents
- Recent utility bill in the name of the client
- Bank statement of 6 months
- Must be Latest Salary/Income/Employment verification document
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
CBI loan for expats
Minimum salary
AED 15000
Reducing rate
6.75 %
Maximum loan
AED 10,00000
key benefits
- Low interest/profit rate
- Easy application process
- Up to 20 salary multiples
Features
- Salary transfer to CBI is Mandatory.
- Need to be employed for a minimum period of 6 months
- Maximum term 48 month
- Optional overdraft facility on your Current Account
Documents
- Complete application form
- Last 3 months bank statements copy
- Liability or clearance letter (when switching loan from another lender)
- Need Salary transfer letter
- Valid Passport, Visa & EIDA Card copy
Deem loan for expats
Minimum salary
AED 5000
Interest rate
15.75 %
Maximum loan
Up to AED 150000
key benefits
- Competitive interest rates
- Affordable installments.
- No salary transfer required
Features
- online application
- Maximum tenure 48 months
- quick approvel
Documents
- application form
- Last 3 months bank statements copy
- Valid Passport, Visa & EIDA Card copy