Personal Loans up to 20 times your salary
Loan Approval within 24hrs.
- Open to both listed and non listed companies
- Installment as low as AED 239/Month.
- Minimum salary required is AED 5,000
All loan approvals is subject to customer meeting each bank policy requirements.
How to Apply
Apply Online:
Simply request to speak to a Personal Banking advisor by filling the form and expect a call-back within 5 mins from our registered bank agents with their offers.
Looking to compare with other banks.
To save time you can request to speak to our Personal Banking advisors by filling your details in the form below and you will receive a call-back shortly.
N/B: Approval for personal loan is subject to meeting banks eligibility requirements.
Banks & Finance companies
- Adcb
- Citi Bank
- Dib
- Hsbc
- Mashreq
- Nbq
- Finance House
- Al Hilal Bank
- Scb
- Enbd
- Eib
- Adib
- Noor Bank
- Samba
- Dunia Finance
- Al Wifaq Finance
- Dubai First
- Cbd
We find you a personal loan that not only meets your requirements, but exceeds your expectations in terms of rate, benefits and offers. We connect you to over 10 banks and in just 10 mins you will get the right credit card in the market.
- Open to both listed and non listed companies
- Free for life with no Annual Fees.
- Minimum salary required is AED 5,000
Eligibility for Personal Loan in UAE
Every bank has its own eligibility criteria. However, some basic requirements are as follows:
- Only UAE residents are eligible.
- Loan applicant must be at least 21 years of age.
- Only Salaried employees are eligible.
- Salaried individuals must be currently employed and working for around one-to-six months minimum (varies from bank to bank).
- Minimum salary must be around AED 4,000 with provided Company accommodation or AED 5000 (again each bank has its own minimum requirement).
- Maximum age to apply is 60 years.
- At most of the banks, the company must be listed with them whereas some banks accept non listed companies.
- Salary transfer criterion depends on the bank and loan type.
Documents required for Personal Loan in UAE
Some basic documents needed are:
- Valid Identity proofs like Emirates ID, etc. for validation.
- For Expatriates – Valid Passport with a valid UAE Residence Visa.
- Salary certificate and/or salary transfer letter or 3 Salary Payslips.
- Latest 3-6 months Statement(s) of your bank account(s) where the salary is transferred.
Reasons why your Personal Loan Application might be rejected
Banks don’t usually disclose the reason behind rejection however there multiple reasons and it can help if you spend time understanding the eligibility requirement before applying for a loan. Some common reasons are:
- Salary requirement not met.
- The company you work for is not listed with the bank.
- Your Debt-to-Burden Ratio (DBR) is very high. In simple words, the percentage of your income being used to repay all your debts is more than 50%.
- You have a low credit score.
- Your nationality might be restricted
checking your credit score and eligibility and clearing existing debts can ensure that you maximize the chances of your application being approved.