ADIB Smart Account

Check Eligibility for Rakbank
Business Loan

You are eligible to apply for a Rakbank
Business Loan .

You may not be eligible * to apply.

* required to apply for a Rakbank Business Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

Rakbank Business Loan Calculator

Business Loan Provided By Rakbank

Check Eligibility for Rakbank Business Loan

You are eligible to apply for a Rakbank
Business Loan .

You may not be eligible * to apply.

*required to apply for a Rakbank Business Loan .

Click here to check loans from other banks.

Rakbank Business Loan Calculator

ADIB Smart Account

Features of Rakbank Business Loan

  • Higher loan eligibility (up to AED 3 million)
  • Repayment tenures of up to 60 months
  • Collateral free loans
  • Competitive rates of interest
  • Option to assign POS receivable of any POS service provider
  • Minimum documentation

Rakbank Business Loan Interest rates

Rakbank Bank

4 Rakbank Bank Business Loans

Commercial Real Estate Loan

minimum amount

Min Finance Amount

AED 10000K

maximum amount

Max Finance Amount

AED 10000K

minimum amount

AED 10000K

Min Finance Amount

maximum amount

AED 10000K

Max Finance Amount

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process

Features

  • Provides maximum finance amount of up to AED 10,000,000

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy

View details on bank page

Point of Sales Finance

maximum amount

Max Finance Amount

AED 3000K

annual turnover

Min Annual Turnover

AED 300K

tenure

Tenure

60 Years

maximum amount

AED 3000K

Max Finance Amount

annual turnover

AED 300K

Min Annual Turnover

tenure

60 Years

Tenure

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process

Features

  • Provides maximum finance amount of up to AED 3,000,000
  • Early settlement fee is 5% of the finance amount
  • Repayment period is up to 60 months
  • 1 years minimum length of business is required to qualify for this finance
  • Minimum annual sales turnover of AED 300,000 is needed to apply for this finance

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy

View details on bank page

RAKfinance Loan

maximum amount

Max Finance Amount

AED 3000K

annual turnover

Min Annual Turnover

AED 300K

tenure

Tenure

60 Years

maximum amount

AED 3000K

Max Finance Amount

annual turnover

AED 300K

Min Annual Turnover

tenure

60 Years

Tenure

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process

Features

  • Early settlement fee is 5% of the loan amount
  • Repayment period is up to 60 months
  • Minimum annual sales turnover is AED 300,000 to apply for this finance

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy
  • Provided with titanium credit card

View details on bank page

Working Capital Finance

flat rate

Flat Rate

10%

reducing rate

Reducing Rate

18%

maximum amount

Max Finance Amount

AED 3000K

early settlement fee

Early Settlement Fee

2%

annual turnover

Min Annual Turnover

AED 1200K

tenure

Tenure

72 Years

processing fee

Processing Fee

2%

flat rate

10%

Flat Rate

reducing rate

18%

Reducing Rate

maximum amount

AED 3000K

Max Finance Amount

early settlement fee

2%

Early Settlement Fee

annual turnover

AED 1200K

Min Annual Turnover

tenure

72 Years

Tenure

processing fee

2%

Processing Fee

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process

Features

  • The reduction rate and the flat rate is 18% and 10%. This denotes that the computation done was a division of the reduction rate by 1.823
  • Provides maximum finance amount of up to AED 3,000,000
  • Early settlement fee is 2% of the finance amount
  • Processing fee is 2% of the loan amount
  • Repayment period is up to 72 months
  • 2 years minimum length of business is required to qualify for this finance
  • No maximum annual sales turnover is there to apply for this finance
  • Minimum annual sales turnover of AED 1,200,000 is needed to apply for this finance
  • You need not have a bank account with Rakbank to apply for this finance
  • After successful submission of documents, within next 7 working days the bank will approve the loan

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy
  • Provides current account with zero balance

View details on bank page

About Rakbank

Established in 1976, RAKBANK or the National Bank of Ras Al Khaimah (P.J.S.C), is one of the oldest banks in the UAE. As a member of the UAE Banking Federation (UBF), RAKBANK follows the Custom Charter as stipulated by the UBF and tries to encourage best practices in the financial services industry. It works with a vision to provide ‘simply better’ financial solutions to its customers in and around the UAE’ and a Mission to be the leading bank in the UAE by offering best products.

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