Credit Bureau Consent, Welcome Offer & General Terms & Conditions

I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.

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Dubai First Personal loan

Dubai First Bank

WarningMessage This product is discontinued by the Bank

Personal loan

Minimum Salary

AED 10K

Flat Rate

9.9%

Reducing Rate

18%

Loan Amount

AED 250K

Early Settlement Fee

1%

Arrangement Fee

1%

minimum salary

AED 10K

Minimum Salary

flat rate

9.9%

Flat Rate

reducing rate

18%

Reducing Rate

max finance

AED 250K

Loan Amount

early settlement fee

1%

Early Settlement Fee

arrangement fee

1%

Arrangement Fee

Features

  • Repayment period is up to 4 years
  • The loan is provided for a interest rate of 18%
  • Minimum salary of AED 10,000 is required
  • The reduction rate and the flat rate is 18% and 9%. This denotes that the computation done was a division of the reduction rate by 1.814
  • It is not mandatory to transfer your salary to apply for this scheme
  • Finance up to AED 250,000
  • Early settlement fee is 1% of finance amount
  • Arrangement fee is 1% of loan amount

Benefits

  • High Finance amount is provided by the bank
  • Quick approval of loans for salaried individual
  • Processing is quick
  • Free Credits Card is provided along with this scheme

Frequently Asked Questions

⭐ What credit checks does Dubai First bank does when I want to take out loan?

A. Dubai First bank performs electronic scorecard check based on information from all the credit bureaus.

⭐ What will happen if I don't pay installment fee on time?

A. If you are unable to pay your installment fee on time, then you'll be charged with default administration fee and it'll affect your credit history also.

⭐ Why does the bank need my personal number in the application? Is my personal information safe with bank?

A. Once application gets approved, bank wants to inform you right away because of which they ask for your personal number..

⭐ Do we get Credit Card free or charged in Dubai First bank?

A. The complimentary credit card issued to you along with the personal loan is free for life.

⭐ What if I want to change information on my application form?

A. You can change information on your application form by contacting Dubai First call centre on 04-506 8888.

Dubai First

Dubai First is a wholly owned subsidiary of First Abu Dhabi Bank. The FAB is not only the largest bank in the UAE but also one of the largest financial institutions globally. It offers a wide range of customized services, products and solutions to its customers. Dubai First is fully operational out of Dubai, with branches in Abu Dhabi and Sharjah. It specializes in innovative and value-centric credit cards, that serve the unique characteristics of contemporary lifestyle-savvy customers.

Corporate Values of Dubai First:

  • Knowledgeable
  • Adaptable
  • Collaborative
  • Enterprising
  • Responsible

Dubai first offers loans for businesses for expansion and/or get small needs met right away with proper financing at the right time.

   Get in touch with Dubai First Customer Care

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Free for Life Cashback Card with 20% Cashback*