Quick Cash Loan in UAE

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
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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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Quick Cash Loan in UAE

All of us are always in a desperate need of cash. No matter how much amount we have in our bank account, without any cash in our hand we will always be considered poor. Banks in UAE have made it very easy for us, to avail a cash loan from them, as and when we require. Banks have also made the process of applying for loans exceptionally easy for their customers. Friendly norms of various banking institutes and advancement of technology have helped banks to raise their standards, and provide easy cash loans to their customers.

Rising popularity of Cash Loans

Cash loans have seen a rising popularity in UAE and the countries in Middle East, for both expatriates and nationals. Minimum requirements for cash loans is less compared to personal loans that we take from the bank.

Types of Cash Loans

Payday Loan: One type of cash loan that you can avail is a Payday loan. Payday loans are known as ‘dangerous emergency cash loans’, which can be availed upon the degree of emergency that you are facing. They can be availed when you don’t meet the requirement of minimum credit or income to avail a loan. Payday loans are generally considered to be the last resort when you are in an emergency. Payday loans are generally considered to be a bit expensive than any other loan you can take and can cost you a lot of APRs.

Title Loan: There is another type of cash loan called a Title loan, which is also considered to be another type of emergency cash loan. In this type of a loan, you can get cash but by risking important assets that you own.

Different banks that provide Quick Cash Loans

Emirates NBD Short Term Cash Loan

  • A minimum salary of AED 5000 is required
  • It comes with a reducing rate of 4.99% and flat rate of 2.3% 
  • Maximum tenure provided is 24 months
  • Regular payments are mandatory
  • This loan covers all the shortfalls like credit card debt, rent, school fees and medical charges

HSBC 12 Month Personal Loan

  • Loan applicants earning more than AED 10000 are eligible
  • UAE Residents 21-65 years
  • Should have a current account with HSBC
  • Salary transfer is required
  • The rates on this loan depend upon the applicant's profile
  • Loan tenure provided is 12 - 48 months
  • Quick approval 

FAB Quick Cash from Credit Card

  • Can get instant cash
  • Can transfer cash to your bank account
  • Up to 90% of the credit limit is provided as loan
  • Loan is provided on competitive rates

RAKBank Quick Cash Loan

  • Get an instant cash loan 
  • Maximum loan amount of AED 150,000
  • Maximum tenure of 48 months is provided 
  • Only expats salaried customers are eligible 
  • Salary transfer is not required 
  • Minimum 6 months of length of service is required 

Najm Quick Cash Loan on Credit Card 

  • Get up to 80% of the credit limit as cash loan 
  • Can easily get loan on phone 
  • No documentation 
  • Can directly get the cash credited to your account 
  • Tenure provided is 3 to 36 months 

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