Personal Loan
Min. salary
AED 7,500
Max. Amount
AED 550,000
Effective rate
5.99%
With Arab Bank Personal Loans, meeting your personal requirements could not be easier and more convenient. It is flexible, easy to arrange and offers you a host of benefits
Salary Transfer
Not Required
Minimum Tenure
6 months
Maximum Tenure
48 month
Early settlement
1.00%
Apply online now
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Features
- Competitive interest rates starting from 5.99%
- Convenient repayment tenure up to 4 years
- Loan amount up to AED 550,000
- Flexible repayment options
- Loans buy– out facility
- Grace Period of up to 45 days
- Quick loan application processing time
- Dedicated Sales Team - ready to serve you at your convenience
Documents Required
- Valid national ID and valid passport with valid Resident visa (for residents)
- Recent utility bill in the name of the client e.g. electricity, telephone or rental contract
- Latest Salary/Income/Employment verification document
- Salary transfer letter
- Bank statement of 6 months
Eligibility
- Minimum salary of AED 7,500 is required
- It is not mandatory to transfer your salary to apply for this scheme