Personal Loan in UAE with Zero Processing Fees

Flat Rate

6%

Minimum Salary

AED 10000

Reducing Rate

11%

Max Loan Amount

AED 2000000

Early Settlement Fee

1%

flat-rate

6%

Flat Rate

minimum-salary

AED 10000

Minimum Salary

11%

Reducing Rate

loan-amount

AED 2000000

Max Loan Amount

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
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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
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Minimum Salary

AED 5000

Reducing Rate

3.99%

Max Loan Amount

AED 1500000

Early Settlement Fee

1%

minimum-salary

AED 5000

Minimum Salary

3.99%

Reducing Rate

loan-amount

AED 1500000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

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
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Minimum Salary

AED 7500

Reducing Rate

5.99%

Max Loan Amount

AED 1000000

Early Settlement Fee

1%

minimum-salary

AED 7500

Minimum Salary

5.99%

Reducing Rate

loan-amount

AED 1000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

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

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
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Flat Rate

3.99%

Minimum Salary

AED 5000

Reducing Rate

7.34%

Max Loan Amount

AED 2000000

Early Settlement Fee

1%

flat-rate

3.99%

Flat Rate

minimum-salary

AED 5000

Minimum Salary

7.34%

Reducing Rate

loan-amount

AED 2000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

Advantages

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

Features

  • Repayment period is up to 4 years
  • The flat rate and the reduction rate is 3.99% and 7.34%.
  • The loan is provided for a interest rate of 7.34%
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
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Minimum Salary

AED 5000

Reducing Rate

5.25%

Max Loan Amount

AED 1500000

Early Settlement Fee

1.05%

minimum-salary

AED 5000

Minimum Salary

5.25%

Reducing Rate

loan-amount

AED 1500000

Max Loan Amount

arrangement-fee

1.05%

Arrangement Fee

Advantages

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

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
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.
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Flat Rate

3.57%

Minimum Salary

AED 7000

Reducing Rate

6.49%

Max Loan Amount

AED 1000000

Early Settlement Fee

1%

flat-rate

3.57%

Flat Rate

minimum-salary

AED 7000

Minimum Salary

6.49%

Reducing Rate

loan-amount

AED 1000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

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
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Minimum Salary

AED 5000

Reducing Rate

4.49%

Max Loan Amount

AED 1500000

Early Settlement Fee

1.05%

minimum-salary

AED 5000

Minimum Salary

4.49%

Reducing Rate

loan-amount

AED 1500000

Max Loan Amount

arrangement-fee

1.05%

Arrangement Fee

Advantages

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

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The loan is provided for an interest rate of 4.49%
Apply Now

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The loan is provided for an interest rate of 4.49%
  • Minimum salary of AED 5000 is required
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 1500000
  • Early settlement fee is 1.05% of the finance amount
  • Takaful fee is 1.05% of the finance amount
  • Arrangement fee is 1.05% of loan amount

Benefits

  • For every AED 1000 of your insurance amount can earn ADCB TouchPoints
  • Documentation is simple
  • High finance amount is offered
  • Availability of consolidation of loans
  • Free ADCB Credit Card will be provided along with this scheme
  • Free Credit Life Insurance will be provided along with this scheme
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Flat Rate

2.99%

Minimum Salary

AED 10000

Reducing Rate

5.5%

Max Loan Amount

AED 4000000

Early Settlement Fee

1%

flat-rate

2.99%

Flat Rate

minimum-salary

AED 10000

Minimum Salary

5.5%

Reducing Rate

loan-amount

AED 4000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

Advantages

  • Free Credit Card
  • Only 1 month salary transfer is required

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The reduction rate and the flat rate is 5.5% and 2.99%.
Apply Now

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this scheme
  • The loan is provided for a interest rate of 5.5%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 5.5% and 2.99%.
  • It is mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 4,000,000
  • 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
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Flat Rate

2.75%

Minimum Salary

AED 5000

Reducing Rate

4.99%

Max Loan Amount

AED 3000000

Early Settlement Fee

1%

flat-rate

2.75%

Flat Rate

minimum-salary

AED 5000

Minimum Salary

4.99%

Reducing Rate

loan-amount

AED 3000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

Advantages

  • Free takaful insurance
  • High loan amount

Features

  • You are provided with an option to buy-out your present personal finance
  • There are no hidden charges
  • The reduction rate and the flat rate is 4.99% and 2.75%. This denotes that the computation done was a division of the reduction rate by 1.814
Apply Now

Features

  • You are provided with an option to buy-out your present personal finance
  • There are no hidden charges
  • The loan is provided for a interest rate of 4.99%
  • Minimum salary of AED 5,000 is required
  • The reduction rate and the flat rate is 4.99% and 2.75%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is mandatory to transfer your salary
  • Finance up to AED 3,000,000
  • Early settlement fee is 1% of the loan amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 3,000,000 loan amount
  • Documentation is simple and easy
  • There is low salary requirement and long repayment period along with this scheme
  • Provides free Takaful insurance along with this scheme
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Flat Rate

2.38%

Minimum Salary

AED 5000

Reducing Rate

4.49%

Max Loan Amount

AED 4000000

Early Settlement Fee

1%

flat-rate

2.38%

Flat Rate

minimum-salary

AED 5000

Minimum Salary

4.49%

Reducing Rate

loan-amount

AED 4000000

Max Loan Amount

arrangement-fee

1%

Arrangement Fee

Advantages

  • Free 0 balance account
  • No collateral/guarantor required
  • High finance is provided

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this loan
  • The reduction rate and the flat rate is 4.49% and 2.38%.
Apply Now

Features

  • Repayment period is up to 4 years
  • Only UAE Nationals can apply for this loan
  • The loan is provided for a interest rate of 4.49%
  • Minimum salary of AED 5,000 is required
  • The reduction rate and the flat rate is 4.49% and 2.38%.
  • It is mandatory to transfer your salary
  • Finance up to AED 4,000,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • Applicants can get up to AED 4,000,000 loan amount
  • Around 560 ATMs of the Emirates NBD are there around the UAE
  • You can miss up to two non-consecutive installments per year
  • Free Debit Card and bank account is provided along with this scheme
  • Repayment period is long
  • Documentation is simple and easy
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Personal Loans in UAE

A personal loan is an unsecured type of loan. It is offered to UAE nationals and expats in the UAE. 

Banks offer several benefits on a personal loan in UAE like free credit cards, debit cards, installment holidays, and much more. Amongst several benefits, the ZERO processing fee is also a key benefit provided on a personal loan. 

Usually, when applied for a personal loan, 1% - 2% of the loan amount is charged as a processing fee or arrangement fee on the loan. Some banks offer personal loans for zero/ low processing fees. 


Personal Loans in UAE with Zero Processing fees

ADIB Personal Loan in UAE

ADIB offers personal loans for NO processing/ arrangement charges on the loan. 


ADIB Personal LoanMinimum Salary

Profit Rate

(Onwards)

Maximum Finance Amount
ADIB Education FinanceAED 80007.25%AED 2500K
ADIB Goods MurhabaAED 80007.25%AED 3000K
ADIB Travel FinanceAED 80007.25%AED 250K
ADIB Boat FinanceAED 80007.25%AED 3000K

FAQs

⭐ Are both expats and UAE nationals eligible for NO processing fees on ADIB finance?

A. Yes. Both expats and UAE nationals are eligible for NO processing fees.

⭐ What is the maximum tenure provided on the Zero processing fee ADIB loan?

A. The maximum tenure provided on the Zero processing fee personal loan is 4 years.

⭐ Can I get a pre-approval for the ADIB loan?

A. Yes. ADIB offers pre-approval facility for the loan.

⭐ What are the other benefits provided on ADIB personal finance?

A. ADIB offers a free credit card on Personal Finance. Check ADIB Personal Loans in UAE for more details.

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