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Dubai Islamic Bank Personal Finance

Dubai Islamic Bank Bank

Personal Finance

Minimum Salary


Flat Rate


Reducing Rate


Loan Amount

AED 4000K

Early Settlement Fee


Arrangement Fee

AED 1050


  • High finance is provided
  • Quick processing of loan
  • Low salary requirement
minimum salary


Minimum Salary

flat rate


Flat Rate

reducing rate


Reducing Rate

max finance

AED 4000K

Loan Amount

early settlement fee


Early Settlement Fee

arrangement fee

AED 1050

Arrangement Fee


  • High finance is provided
  • Quick processing of loan
  • Low salary requirement

View details on bank page


  • The maximum tenure of 48 months is provided
  • Both UAE nationals and expats are eligible
  • Can get finance for a minimum salary of AED 3000
  • The loan interest rates starts from 11% onwards up to 21.99% (reducing rate)
  • Early redemption charges of loan are 1.05% of the outstanding loan amount
  • Processing fee for personal finance starts at AED 1050

Required Documents

  • Copy of valid passport
  • Residence visa for expats
  • End of service benefits letter from the employer
  • 3-6 months bank statements where the salary gets transferred to
  • Valid Trade license copy for self-employed


  • High finance is provided. UAE nationals can get up to AED 4 Million and expats can get up to AED 2 Million
  • Hassle-free documentation
  • Quick processing of loan application


  • Quick processing of a loan
  • Provides loan on low salary requirement
  • Can avail payment holiday benefit
  • Applicant’s company must be listed with the bank
  • Salary transfer is mandatory

Frequently Asked Questions

⭐ What is the maximum repayment period provided for expats?

A. The maximum repayment period provided on this loan is 48 months for both expats and UAE nationals.

⭐ Is the finance provided on the basis of Islamic principles?

A. Yes. DIB Personal finance is on a Sharia-compliant basis.

⭐ Should the loan applicant transfer their salary to DIB?

A. Yes. the loan applicant must transfer their salary to the DIB account.

⭐ Should the loan applicant’s company listed with the bank?

A. Yes. The loan applicant’s company must be listed with the DIB approved companies list to get a loan.

⭐ Can I postpone any installment payments?

A. You can skip maximum two installments annually.

⭐ Is everyone eligible for skipping the monthly installment?

A. Only personal loan holders whose salary is being transferred to the DIB bank account are eligible to skip the mothly installments.

⭐ Is salary transfer mandatory?

A. No, DIB provides personal loan without salary transfer also. But on salary transfer DIB offers a few benefits.

⭐ How many months bank statements are required?

A. 3 months bank account statements for working individuals and 6 months statements for self-employed individuals is required.

⭐ Is there any fees charged on installment deferment?

A. If you are not eligible for payment holiday facility, then an installment deferment fee is charged.

⭐ Is the Dubai Islamic Bank personal loan in UAE provided based on the Sharia-compliant laws?

A. Yes, all the DIB personal loans are based on Sharia-compliant laws.

⭐ What are the charges on late payments?

A. AED 210 will be charged as the late payment fees.

⭐ How do I cancel my approved personal loan at DIB?

A. You can visit the branch and request for cancellation of the loan. AED 100 will be charged as cancellation fees.

⭐ Can the loan be rescheduled?

A. Yes, you can reschedule your loan by paying AED 262.50 as rescheduling charges.

⭐ Can I clear my loan amount before the end of the tenure?

A. Yes, but 1% of the outstanding loan amount is charged as early settlement fees on the loan.

⭐ What are the various personal loans available?

A. Several banks provide personal loans in UAE. You can check variouspersonal loan in UAEhere.

⭐ Are all the personal loans in Dubai are based on sharia laws?

A. No. Banks in Dubai provides personal loans based on both conventional and Islamic banking principles.

⭐ What is the interest rate charged on a personal loan in DIB?

A. The interest rates charged on a persona loan in DIB is: Flat rate- from 6% and Reducing rate-11% onwards.

⭐ What will be the maximum loan amount provided?

A.The maximum loan amount that can be availed is AED 4000K.

⭐ Should my company be listed with DIB to get a loan? ?

A. Yes. The loan applicant's company must be present in dubai islamic bank listed companies to get approved for loan.

⭐ When can I avail the benefit of installment deferment?

A. DIB loan holders can make first instalment after 120 days of getting the loan amount

Dubai Islamic

Dubai Islamic Bank (DIB), established in 1975 is the pioneer of Islamic banking that has seen a phenomenal growth. The Bank since inception has remained customer-centric organization, where honesty and customized personal service form the basis of all relationships. Though sticking to its root traditions, the bank equally blends with the commitment of innovation, flexibility, and modernity. Every customer of the bank is provided with comprehensive solutions for any financial need.

The bank works with the vision of providing unsurpassed customer service and becoming the world’s largest Islamic banking corporation.

   Get in touch with Dubai Islamic Bank Customer Care


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