Cash Loan

Cash Loan

Min. salary
AED 3,000
Max. Amount
AED 150,000
Effective rate
5.99%
Designed for your time-bound short term loan requirements. Get high Cash Loan amount with no salary transfer required at competitive interest rates, with flexible repayment of up to 48 months for expatriate salaried customers.
View Summary
Salary Transfer
Not Required
Minimum Tenure
12 months
Maximum Tenure
48 month
Early settlement
1.00%

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Features

  • No salary transfer required.
  • High loan amount up to AED 150,000. 
  • Easy repayment via Direct Debit from your salary account.
  • Quick approvals.
  • Competitive interest rates.
  • Flexible repayment periods of up to 48 months.
  • 24-hour, 7-day Phone Banking services.
  • Easy and hassle-free documentation.

Documents Required

  • Salary Certificate- Salary Certificate is a mandatory document for any kind of finance as it is a proof of your work. Banks can ask for a salary certificate or salary certificate letter. 
  • Emirates ID- Emirates ID is a proof to confirm your identity. Without Emirates ID banks do not approve the loan. 
  • Trade License- For the self-employed individuals trade license is a mandatory document.

Eligibility

  • Minimum salary AED 3000 is required
  • Both UAE Nationals and Expats are eligible
  • Even self-employed individuals are eligible