Check Eligibility for
United Arab Personal Loan Calculator
Top 10 Personal Loans
United Arab Bank Personal Loans in UAE
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Check Eligibility for United Arab Personal Loan
United Arab Personal Loan Calculator
|United Arab Personal Loan Details|
|Minimum Salary||AED 6000 - AED 10000 per month (depends on the nationality and type of loan)|
|Early Settlement Fees||1% of the outstanding amount|
|Arrangement Fees||0.45-1% of the approved loan amount|
|Age||21 - 60 years(Expats) & 65 years(UAE Nationals)|
|Maximum Loan Amount||AED 2 Million|
Features of United Arab Personal Loan
- Maximum loan amount of AED 2 million is provided
- Maximum loan tenure of 4 years
- Interest rates from 5.63% p.a.
- Minimum monthly salary requirement of AED 6,000
- Salary transfer is mandatory
- Pre-approved credit card with no annual fees for the first year is offered to borrowers
- Quick approvals and simple documentation
UAB offers two types of personal loans :
- Personal Loans for Emiratis
- Personal Loans for Expatriates
Fees and Charges
- Loan processing fee : 1% of the loan amount (Minimum 500 AED and Maximum 2500 AED)
- Credit Insurance Fee : 1% of the loan amount
- Loan rescheduling fee : AED 250
- Early Settlement of loan : 1% of the outstanding loan amount (Maximum 10000 AED)
- Instalment deferment fee : AED 100
- Instalment default fee : AED 100
Eligibility Criteria of United Arab Personal Loan
- Minimum salary of AED 6-10K
Documents Required of United Arab Personal Loan
- 3-6 months bank statement
- Salary certificate
United Arab Personal Loan Interest rates
3 United Arab Bank Personal Loans
Frequently Asked Questions
Q. What are different personal loans provided by United Arab bank?
A. UAB provides personal loans for UAE nationals, expats and also Cash Flow loans
Q. What benefits can I obtain from UAB personal loans?
A. You can get loan amount that’s 20 times of your salary, free credit card for the first year, quick approval of loan and easy documentation.
Q. How can I repay UAB loan?
A. You can repay UAB loan by debiting repayment amount from your monthly salary when it got transferred to your UAB bank account.
Q. I got my employment recently. Am I eligible for this loan?
A. Yes. You are eligible for this loan if you have a confirmation letter of employment and salary assignment from your employer
Q. Is postponement of loan installments allowed?
A. Yes, two loan installments are allowed in a period of one year.
Q. What’s the maximum repayment period that I can expect on UAB personal loan?
A. You can get a repayment period upto 48 months.
Q. What’s the purpose of Cash Flow loans offered by UAB?
A. Cash Flow loans can be utilized for rent payment and to pay education fees.
Q. Can a non-salary transfer customers avail Cash Flow loans?
A. Yes. Even the non-salary transfer customers can avail Cash Flow loans provided by UAB.
Q. Are collaterals needed for this loan?
A. No collaterals are needed for this loan.
Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :
- Customer Focus
Get in touch with United Arab Customer Care
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