Loans for Self Employed professsionals

Loans for Self Employed professsionals

Min. salary
AED 8,000
Max. Amount
AED 500,000
Effective rate
6%
As a self-employed professional you may need a personal loan to help reach your financial goals. If you have been established in business in the UAE for a least 3 years, talk to us about your needs.
View Summary
Salary Transfer
Not Required
Minimum Tenure
6 months
Maximum Tenure
48 month
Early settlement
1.00%

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Features

  • Borrow up to AED 500,000 
  • Insurance covered in case of any unforeseen circumstances 
  • Convenient , simple and quick processing of documentation

Documents Required

  • Completed application form
  • Valid Passport and UAE resident’s Visa for expatriates
  • Khulasat Qaid copy (For UAE Nationals only)
  • Valid Emirates ID
  • Six month’s personal or company bank statements
  • Audited copies of your business financial accounts
  • Valid Trade License

Eligibility

  • The minimum age to apply for a personal loan is 21 years of age while the maximum age is capped at 65 years for a UAE national and the maximum age for an expatriate is 60 years of age.