Personal Loans in UAE

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Best Personal Loans in UAE

Top 10 Personal Loans in UAE (November 2021)
Bank Minimum Salary Interest Rate(onwards) Salary Transfer Processing Fee
ADIB Personal Loan AED 8000 3.72% Yes 0%
ADCB Personal Loan AED 5000 2.61% Yes 1.05%
Dubai Islamic Bank Personal Loan AED 3000 6% No AED 1050
RAK Bank Personal Loan AED 3000 2.75% Yes 1%
Emirates NBD Personal Loan AED 5000 2.61% Yes 1%
Emirates Islamic Bank Personal Loan AED 5000 2.99% Yes 1%
CBI (Commercial Bank International) Personal Loan AED 8000 1.65% Yes 1%
HSBC Personal Loan AED 7500 6.49% Yes 1%
Mashreq Personal Loan AED 7000 3.57% Yes 1%

Personal loan Interest Rates in
UAE

Minimum Salary

Interest Rate

Loan Amount

Reducing Rate

Check Personal loans offered for your salary

Flat Rate

3.72%

Minimum Salary

AED 8K

Reducing Rate

6.75%

Max Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

0%

Advantages

  • No processing fees
  • Free ADIB Booking.com Signature Card
  • Can postpone 2 installments per year

Overview

  • No processing fees are charged
  • Can postpone loan installments without any charges getting levied
  • Should submit latest bank statements
Apply Now

Overview

  • No processing fees are charged
  • Can postpone loan installments without any charges getting levied
  • Should submit latest bank statements
  • Can get grace period before paying the first installment
  • High loan amount can be availed
  • Salary transfer is mandatory
  • Provides a free credit card with no annual fees in the first year

View details on bank page

Flat Rate

6%

Minimum Salary

AED 10K

Reducing Rate

11%

Max Loan Amount

AED 2000K

Early Settlement Fee

1%

Advantages

  • Finance is based on Sharia principles
  • Quick processing
  • High loan amount

Overview

  • Can settle existing debts
  • Only expats are eligible
  • Salary transfer is mandatory
Apply Now

Overview

  • Can settle existing debts
  • Only expats are eligible
  • Salary transfer is mandatory
  • Can get finance based on sharia principles
  • Interest rates are based on the applicant’s profile

View details on bank page

Minimum Salary

AED 5K

Reducing Rate

3.99%

Max Loan Amount

AED 1500K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free credit card on 0 annual fees
  • Free debit card & cheque book
  • Low minimum salary requirement

Overview

  • Provides finance on a low salary
  • Can top-up existing loan to original loan amount after one year of loan
  • Can defer one year installment for free on paying installments regularly for 6 months
Apply Now

Overview

  • Provides finance on a low salary
  • Can top-up existing loan to original loan amount after one year of loan
  • Can defer one year installment for free on paying installments regularly for 6 months
  • Free cheque book and debit card is provided
  • Can get free RAK bank credit card of 0 annual fees
  • Provide life insurance on nominal charges
  • Can avail debt consolidation facility
  • Salary transfer to RAK bank account is compulsory

View details on bank page

Flat Rate

3%

Minimum Salary

AED 8K

Reducing Rate

5.44%

Max Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free rewards credit card
  • Overdraft facility on current account
  • Phone banking facility

Features

  • The reduction rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.814
  • The loan is provided for a interest rate of 5.44%
  • Minimum salary of AED 8000 is required
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 5.44%
  • Minimum salary of AED 8000 is required
  • The reduction rate and the flat rate is 5.44% and 3%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 1,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • High Finance amount is provided by the bank
  • Along with this loan free credit card is offered
  • Provides insurance coverage for permanent disability and death

View details on bank page

Minimum Salary

AED 7.5K

Reducing Rate

5.99%

Max Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Credit life insurance is not mandatory
  • Quick processing & approval
  • Flexible tenure

Benefits

  • Applicants can get up to AED 1,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme Finance buy-out facility is also provided with this loan
Apply Now

Features

  • The loan is provided for an interest rate from 5.99%
  • Minimum salary of AED 7,500 is required
  • The reduction rate starts from 5.99%
  • It is mandatory to transfer your salary
  • Maximum finance provided is up to AED 750,000 for expats and AED 1,000,000 for UAE national
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 1,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme Finance buy-out facility is also provided with this loan
  • Determent facility available - maximum 2 times a year without additional profit

View details on bank page

Flat Rate

2.9%

Minimum Salary

AED 5K

Reducing Rate

5.49%

Max Loan Amount

AED 2000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free 0 balance account
  • Low interest rates
  • High finance amount

Features

  • The reduction rate and the flat rate is 5.49% and 2.90%.
  • The loan is provided for an interest rate of 5.49%
  • Minimum salary of AED 5000 is required
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for an interest rate of 5.49%
  • Minimum salary of AED 5000 is required
  • The reduction rate and the flat rate is 5.49% and 2.90%.
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 2,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Expats can get up to AED 2,000,000 loan amount
  • Around 560 ATMs of the Emirates NBD are there around the UAE
  • New Employees can also apply for this scheme
  • You can miss up to two non-consecutive installments per year
  • Free Debit Card and bank account is provided along with this scheme
  • The repayment period is long

View details on bank page

Flat Rate

3.99%

Minimum Salary

AED 5K

Reducing Rate

7.34%

Max Loan Amount

AED 2000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Free Credit Card
  • Low processing fees
  • Only 1 month salary transfer is required

Features

  • The flat rate and the reduction rate is 3.99% and 7.34%.
  • The loan is provided for a interest rate of 7.34%
  • Minimum salary of AED 5,000 is required
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 7.34%
  • Minimum salary of AED 5,000 is required
  • The flat rate and the reduction rate is 3.99% and 7.34%.
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 2,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Free Credit Card is provided along with this scheme
  • For the first year free of annual fee
  • Repayment period is long
  • Low minimum salary requirement is there for this scheme

View details on bank page

Minimum Salary

AED 5K

Reducing Rate

5.25%

Max Loan Amount

AED 1500K

Early Settlement Fee

1.05%

Arrangement Fee

1.05%

Advantages

  • Free ADCB Credit Card
  • Free Credit life insurance
  • Salary overdraft up to 3 times

Features

  • The loan is provided for an interest rate of 5.25%
  • Minimum salary of AED 5,000 is required
  • It is mandatory to transfer your salary to apply for this scheme
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for an interest rate of 5.25%
  • Minimum salary of AED 5,000 is required
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 1,500,000
  • Early settlement fee is 1.05% of the finance amount
  • Arrangement fee is 1.05% of the loan amount

Benefits

  • For every AED 1000 of your insurance amount can earn ADCB TouchPoints
  • Documentation is simple
  • High finance amount is offered
  • Takaful insurance is provided free with the scheme
  • Free ADCB Credit Card is provided along with this scheme
  • Credit Life Insurance is provided along with this scheme
  • Get 50% OFF on processing fee on applying for the account through ADCB Hayyak App. Also, avail 50,000 Touchpoints on the approval.

View details on bank page

Flat Rate

3.57%

Minimum Salary

AED 7K

Reducing Rate

6.49%

Max Loan Amount

AED 1000K

Early Settlement Fee

1%

Arrangement Fee

1%

Advantages

  • Flexible tenure
  • Quick processing
  • High finance

Features

  • Length of service should be minimum 6 months
  • Need to provide salary transfer letter in Mashreq format
  • Only Expats can apply for this scheme
Apply Now

Features

  • Length of service should be minimum 6 months
  • Need to provide salary transfer letter in Mashreq format
  • Only Expats can apply for this scheme
  • The loan is provided for a interest rate of 6.49%
  • Minimum salary of AED 7,000 is required for an approved company. For non-listed companies, AED 10,000 is required.
  • The reduction rate and the flat rate is 6.49% and 3.57%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 1,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 1,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme
  • Credit Card, Cheque book and debit card is provided free along with this scheme
  • Applicants can get finance for non-listed companies in UAE too

View details on bank page

Flat Rate

11.51%

Minimum Salary

AED 25K

Reducing Rate

19.99%

Max Loan Amount

AED 300K

Early Settlement Fee

1%

Arrangement Fee

1%

Features

  • The reduction rate and the flat rate is 19.99% and 11.51%. This denotes that the computation done was a division of the reduction rate by 1.814
  • The loan is provided for a interest rate of 19.99%
  • Minimum salary of AED 25,000 is required
Apply Now

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 19.99%
  • Minimum salary of AED 25,000 is required
  • The reduction rate and the flat rate is 19.99% and 11.51%. This denotes that the computation done was a division of the reduction rate by 1.814
  • Salary transfer is not mandatory to apply for this scheme
  • Finance up to AED 300,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 300,000 loan amount
  • Around 560 ATMs of the Emirates NBD are there around the UAE
  • Repayment period is long
  • Both Expats and UAE Nationals can apply for this scheme
  • Documentation is simple and easy

View details on bank page

A personal loan is an important financial product provided by banks and financial institutions. It fulfils the financial needs of the individual like emergency cash, to travel, house repair expenses, wedding expenses, medical expenses, etc. The personal loan in the UAE is offered at fixed rate or reducing rate. Both expats and UAE nationals are eligible. The loan amount and interest rate depends on the applicant's profile and the bank. You can find the best personal loan in the UAE at competitive interest rates and good benefits. There are personal loans that are offered on NO salary transfer, if the company is not listed and several other benefits. You can also use the personal loan calculator to the find the monthly payments on your loan.

How to Apply for a Personal Loan in UAE?

Applying for a Personal Loan in UAE is a simple process if you have all the documents ready.

  • Decide the amount you need to borrow
  • Find the best bank in uae for personal loan
  • Check the eligibility requirement of a bank along with the interest rate, fees and benefits added
  • Visit the bank website to apply online or visit the nearest branch to apply offline

    While applying for a personal loan, ensure you have a good credit score and you meet the eligibility criteria for the personal loan product at any bank.

    Eligibility for Personal Loan in UAE

    Every bank has its own eligibility criteria which needs to be checked individually. However, some basic requirements are as follows:

    • Only UAE residents are eligible.
    • Loan applicant must be at least 21 years of age.
    • Both Salaried and Self employed individuals 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 3,000 (again each bank has its own minimum requirement).
    • You must pay back the bank loan before you turn 65 years (for expatriates) and 60 years (for UAE Nationals).
    • At most of the banks, employment company must be listed with them.
    • Salary transfer criterion depends on the bank and loan type.


    EligibilityExpatsUAE Nationals
    Minimum SalaryAED 3000AED 3000
    AgeMinimum 21 years
    Maximum 65 years
    Minimum 21 years
    Maximum 60 years
    Salary TransferDepends on the bankDepends on the bank
    Company Listed Depends on the bank
    Depends on the bank
    Self-EmployedAre EligibleAre Eligible
    Salaried IndividualsAre EligibleAre Eligible
    Maximum Loan AmountAED 3000KAED 5000K


    Documents required for Personal Loan in UAE

    Like eligibility, documentations can also vary from bank to bank. Some basic documents needed are:


    ExpatsUAE Nationals
    Emirates IDEmirates ID
    Salary Certificate Salary Certificate
    Salary Transfer LetterSalary Transfer Letter
    Last 3-6 months Bank StatementsLast 3-6 months Bank Statements
    Trade Licence (Self-Employed Individuals)Trade Licence (Self-Employed Individuals)
    Valid Passport & Resident Visa
    -


    Tips to get your personal finance in UAE approved

    A personal loan is recommended only to fulfill emergency financial needs. So when you apply for one, it is important to make sure it gets approved without any complications. Banks approve the personal loan quickly if the applicant fits into their eligibility criteria perfectly and all the documents provided are valid. Check these tips to get your personal loan approved

    • Have a good credit score
    • Check whether your previous loan records are fair enough.
    • Make sure you meet the eligibility criteria of the loan.
    • Fill in the personal loan application form without any errors.
    • Have a stable job i.e you must be working in your current organization for more than a year.
    • Avoid applying at various banks at the same time.
    • Have all the required documents ready without missing out on anything.
    • Don’t apply for a loan amount beyond your capability or requirement.
    • Check and make sure your debt to burden ratio (DBR) is less than 50%.
    • Ensure you have not got any other loan in the past 6 months as this will increase your DBR.

    Personal Loan application rejection

    There can be multiple reasons and it can help if you spend time understanding the eligibility requirement before applying for a bank loan. Some common reasons are:

    • Salary requirement not met.
    • The company you work for is not listed with the bank.
    • You have a low credit score.
    • Incorrect or incomplete personal information provided.
    • 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%.

    Banks don’t usually disclose the reason behind rejection. Following the basic hygiene of submitting a completed and correct application, checking your credit score and eligibility and clearing existing debts can ensure that you maximize the chances of your application being approved.

    Benefits of Personal Loan

    UAE offers a host of benefits for people availing Personal Finance. Let’s look at a few of them:

    • Different options available for salaried and self-employed individuals.
    • Many banks in UAE offer free debit cards and credit cards to the personal loan holders.
    • Few banks offer payment-free period for the first few months. The instalments start after the end of this grace period.
    • Personal loan holders can avail Repayments holiday facility i.e can skip installments payment for 1-2 months.
    • You can opt for an insurance cover for your loan to hedge against exigencies.
    • Personal loans compliant with the Islamic laws are available with most of the banks in the UAE.
    • Top-up options are available in proportion to the increase in salary.
    • Takaful coverage is available on Personal loans in UAE which offers financial security in case of disability or death of the individual.

    Features of a Personal Loan in UAE

    • Both UAE Nationals and Expats can avail personal finance in UAE.
    • The maximum finance provided is AED 5 Million.
    • The personal loan interest rate in UAE depends on your income and the loan amount. It can start from 3.99% p.a. (reducing) or 2.19% p.a. (fixed) which varies with bank.
    • The minimum salary requirement to avail a Personal Finance in UAE is AED 3,000.
    • Majority banks provide loan amount based on the applicant’s your gross monthly salary.
    • The tenure of the bank loan can stretch up to 48 months (4 years).
    • 1% of the approved loan amount is charged as processing fees at most of the banks.
    • 1% of the outstanding loan amount is charged as early settlement fees.
    • Can settle loan partially on paying partial settlement fees.

    How do personal loans work?

    The working of Personal Loans is simple. Below are the steps for working of a personal loan.

    • Application: Once you have the documents ready for a personal loan, you can get the personal loan application form from the bank and fill it without any errors.
    • Processing: Once the documents along with the personal loan application are submitted, banks review all the documents.
    • Credit Check: After the documents are verified, the banks will request your credit review from the credit bureau
    • Approval: After the credit bureau credit enquiry, your loan application will be approved
    • Amount Credit: Once the loan application is approved, the bank will credit the loan amount in the bank account.
    • Payments: Once the loan is disbursed, you can pay your loan instalments monthly as per the bank terms.

    Why do you need to compare Personal Loans?

    Comparison of Personal Loan in UAE is important because,

    • No two loans offer the same interest rate. Hence comparing will help you find the best and lowest one
    • Can find the loan that offers benefits like ZERO processing fee, Installments Holidays, Free Debit Card, Free Credit Card and much more

    Flat and reducing rates?

    It’s important that you understand the difference between these to make a comparison and choose what is best for you. Let’s look at both with an example:

    Mr. X takes a personal loan in UAE of AED 100,000 for a tenure of 5 years. For example, let’s assume that the rate of interest is 10% p.a. for both flat and reducing options. The payback calculation would look as follows:

    Flat Rate of Interest
    Year Outstanding Principal Principal Component Interest Component Amount to be paid per year Instalment
    0 100,000
    1 80,000 20,000 10,000 30,000 2,500
    2 60,000 20,000 10,000 30,000 2,500
    3 40,000 20,000 10,000 30,000 2,500
    4 20,000 20,000 10,000 30,000 2,500
    5 0 20,000 10,000 30,000 2,500
    Total 100,000 50,000 150,000

    As shown above, Mr. X will end up paying AED 150,000 over the tenure of 5 years if he opts for the flat rate of interest.

    Reducing Rate of Interest
    Year Outstanding Principal Principal Component Interest Component Amount to be paid per year Instalment
    0 100,000
    1 83,620 16,380 10,000 26,380 2,198.33
    2 65,603 18,018 8,362 26,380 2,198.33
    3 45,783 19,819 6,560 26,380 2,198.33
    4 23,982 21.801 4,578 26,380 2,198.33
    5 0 23,982 2,398 26,380 2,198.33
    Total 100,000 50,000 150,000

    As shown above, Mr. X will pay only AED 131,899 if he chooses the reducing interest rate option.

    Please note that this example is purely for explaining the difference between the interest rates and not an indicator of the market. Choose the interest rate that best suits your needs by talking to a financial advisor.

    Use our EMI Calculator to Calculate your Personal Loan Installments.

    Fees and Charges on a Personal Loan

    Apart from the eligibility criteria, interest rates, personal loan applicants must look into other components as well, like fees and charges on the personal loan. There are few fees and charges levied on a personal loan.

    • Processing Fees - The Processing fee/ arrangement fee charged on a personal loan ranges from 1% - 2% of the loan amount at most of the banks in the UAE. Some banks provided a discount on the processing fees.
    • Early Settlement Fees - If the personal loan holder clears the loan before the end of the tenure, then an early settlement or pre-settlement fee will be charged. This ranges from 1%-3% of the loan outstanding amount.
    • Partial Settlement Fees - The loan holder can some part of the loan amount as in partial settlement and there will be 1% - 3% of the loan settlement amount charged as partial settlement fee. Some of the banks in the UAE provide at least one free partial settlement facility per annum.
    • Late Payment Fees - If the personal loan holder does not pay the loan installment before the installment due date, then there will be a late payment fee charged. In the UAE, the minimum late payment fee charged is AED 50.
    • Credit Life Insurance Charges - A credit life insurance charge of a minimum of 1% is charged. This is to secure the loan amount if anything happens to the loan holder. This is mandatory at some banks and optional at some.
    • Loan Rescheduling Fees - Personal loan holders can reschedule their loan tenure on paying a loan rescheduling fees which starts from AED 250.
    • Loan Cancellation Fees - If the loan applicant cancels the loan after approval, there will be a cancellation fee charged which starts at AED 100.
    • Liability/ No Liability Letter - Banks offer a liability/no liability letter to their loan holders. A minimum of AED 50 is charged for the liability or No liability letter.

    Components to compare while getting a personal loan

    There are several banks in the UAE that provide personal loans. So to pick one bank amongst various others requires a good comparison. There are certain components to be compared while getting a personal loan, like

    • Interest rates - The first and foremost thing to be compared in different personal loan products is the interest rates. Not all banks provide loans on the same interest rates. Check which bank can offer you a personal loan with low-interest rates comparatively. High-interest rate loans can end you up with paying more than what you have borrowed. So compare interest rates on different loan products.
    • Loan tenure - The loan tenure on a personal loan must be compared along with the interest rates. In some cases, a high-interest loan with low tenure can be beneficial or similar to the one with a low-interest rate and longer tenure one. The loan holder must check the tenure and interest rate and calculate the EMI of the personal loan before picking up a product.
    • Monthly installment - As said, the personal loan applicant must calculate the loan EMI and check how much he will be going to pay monthly. If he can afford the high monthly payments on a lesser tenure and save money on interest rates, then he can pick the right one.
    • Processing fees - The processing fees on personal loan in UAE is a minimum of 1%. Some banks provide a discount on the processing/arrangement fees. It can also be a limited period discount. Loan applicants must compare and pick the one that offers the lowest processing fees.
    • Early settlement fees - Not all the banks charge fees for the early settlement of the loan. Find the ones that offer discounts on early settlement fees or provide any free partial settlement facility.
    • Additional fees - Compare other fees and charges levied on the loan and apply for the one which is best for you.
    • Other perks - Banks also offer perks like a free debit card or credit card on the personal loan or discounts on the fees like pre-payment fees or early settlement fees, etc. These can be an advantage for the applicant. So check if you can get any extra perks from the loan.
    • Application process - There are two ways to apply for a personal loan in UAE, either online or visit the bank personally. See which can be beneficial for you to finish the process by applying online and save time or visit the bank for a detailed study and apply.

    Frequently Answered Questions

    ⭐ Do I have to take an insurance on my Personal finance?

    A. Banks, usually provide an insurance cover on a personal finance. If not, then it is advisable to take an insurance to hedge against the risk of being unable to pay back due to illness, disability or death.

    ⭐ What is an early settlement fee?

    A. If you wish to pay off your loan before the end of the stipulated tenure, then banks usually charge an ‘early settlement fee’. The UAE Central Bank has capped the early repayment fee at 1% of the outstanding loan amount.

    ⭐ What if another bank is offering lower rate of interest? Can I transfer my loan to that bank?

    A. Yes. However, you must check this with the bank before you avail a loan. It is better to be clear about these policies than repent it later.

    ⭐ Do banks provide loan if the company is not listed?

    A. Yes, Some banks in UAE like Emirates NBD, Mashreq, etc., provide loans even if the company is not listed with them. But in such cases, high interest rates are charged on the loan amount provided.

    ⭐ What is the lowest personal loan interest rate provided in UAE?

    A. The interest rate depends on the minimum salary and other factors respective to the the applicant.

    ⭐ What can I use a Personal Loan for?

    A. A Personal loan can be used for any personal purpose. Whether it is marriage or travel or home-improvement, you can use it however you want.

    ⭐ What is processing fees?

    A. There is some fees charged on processing the loan application, known as “Processing fees”. The processing fees charged is 1% of the loan amount approved.

    ⭐ How do I know my credit score?

    A. You can visit nearest branch of AECB along with the identity proofs and get a hard copy of your credit report.

    ⭐ Can I apply for a bank loan in Dubai, if my first attempt gets rejected?

    A. Yes, you can apply for a personal loan at another bank if you meet the eligibility criteria.

    ⭐ What is the credit score range to be eligible for a bank loan in Dubai?

    A. The minimum credit score is 300 and the maximum is 900, if the applicant’s credit score is below 580 then he is not eligible for a personal loan in UAE.

    ⭐ What is the maximum DBR to be eligible for a personal loan?

    A. If the loan applicant’s Debt to Burden ratio is more than 50% then there are higher chances of loan application getting rejected. Calculate your Debt to Burden Ratio using ourDBR Calculator

    ⭐ Can i get a personal loan in Dubai without salary transfer?

    A. There are many banks in UAE like DIB, Emirates NBD, ADCB, etc., providing personal loan without salary transfer.

    ⭐ Can I get a personal loan without salary certificate?

    A. No, salary certificate is a mandatory document for salaried individuals in UAE to get a personal loan.

    ⭐ How do I calculate my EMI for a personal loan?

    A. Use ourPersonal loan Calculator UAEto calculate EMI for loan in UAE.

    ⭐ Can I get a personal loan in Dubai, UAE on bad credit score?

    A. No, credit score is an important criterion banks check before approving a personal loan application.