Arab Bank
Personal Loan

Salary Transfer Required?

yes

Minimum Monthly Salary

AED 5000

Fixed Rate

3.3%

Reducing Rate

5.99%

Max Loan Amount

AED 550000

Salary Transfer Required? yes

Minimum Monthly Salary AED 5000

Fixed Rate 3.3%

Reducing Rate 5.99%

Max Loan Amount AED 550000

Top Reasons To Choose

Competitive interest rates

With Arab Bank Personal Loans, meeting your personal requirements could not be easier and more convenient. It is flexible, easy to arrange and offers you a host of benefits

Documents Required

Valid national ID and valid passport with valid Resident visa (for residents)
Recent utility bill in the name of the client e.g. electricity, telephone or rental contract
Latest Salary/Income/Employment verification document
Salary transfer letter
Bank statement of 6 months

Joining Offers

Eligibility

UAE National or Resident
Earning at least AED 5000 per month
Age : At least 20 years, 5 months & 7 days old (at application)
Age: At most 59 years 11 months old (at loan maturity)
Length of Service: Min 6 Months with current employer

Detailed Features

Competitive interest rates starting from 5.99%
Convenient repayment tenure up to 4 years
Loan amount up to AED 550,000
Flexible repayment options
Loans buy– out facility
Grace Period of up to 45 days
Quick loan application processing time

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