Other great benefits included with the Multi Product Package:

• Up to AED 7,500 in FAB Rewards when you transfer your salary to your FAB account with holding a credit card from FAB
• Get high loan amounts of up to AED 2,000,000 with flexible payment terms of up to 48 months
• Enjoy best-in-class rates starting from
  • 5.34% Fixed per year -With multi product package (with a salary transfer to your fab account and holding a credit card from fab)
  • 6.95% Variable per year - With a salary transfer to your fab account without holding a credit card from fab
• A salary transfer to a FAB account is required
• Benefit from comprehensive life insurance coverage

• Quick approvals and processing
• High Loan amounts
• UAE Nationals may be eligible for a maximum loan amount of AED 1,000,000
• For Expats, the eligibility is a maximum of AED 750,000
• No credit life insurance required
• Renewal options for 12 month loans

A wide range of shariah compliant products
Fast and simple approval process
Competitive Profit Rates
High Finance Amount
Flexible Tenures
Low minimum salary requirement

• High Personal Loan amounts at low interest rates
• Quick approvals
• Competitive interest rates
• Flexible repayment periods of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff)

Product Overview

Personal Loans in UAE are offered to customers for a variety of reasons including education, travel, medical and many more.  There are two types of personal loans, one which requires a salary transfer and one which doesn’t.

Loans are offered for a minimum period of 6 to a maximum of 48 months expats and 60 months for UAE Nationals.

Most of the banks assign Loan APR (Annual Percentage Rate) based on the profile of the customer and his/her employer. A few banks use bureau score to assign interest rates.  

UAE loan APR rates range between from 5% to 35% in general.

Illustration: 

If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.           

Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.  

Please use Soulwallet’s Loans EMI Calculator for further simulations.

Arrangement Fee: 1% of the finance amount

• Loan amounts of up to AED 150,000
• Competitive rate of interest
• Islamic finance option is available

• High loan amounts of up to 20 salary multiples
• Max AED 3 million
• Competitive rates of interest Top-up facility available for existing loan customers
• Islamic finance option is available

• High Loan Amount of up AED 1M
• Competitive Interest Rates
• Loan disbursals within 24 hours
• Flexible repayment period

• Competitive interest rates
• Flexible repayment terms
• Loan amounts of up to 20 times your salary
• Loan tenors of up to 48 months

• Profit rates starting from 3.33% p.a.
• High finance amount of up to AED 1.25 million for expatriates, and AED 2 million for UAE nationals
• Finance tenure up to 4 years
• Takaful coverage (including optional family and job loss cover)
• First year free credit card
• Simple documentation and quick approvals

• Fast & easy approvals
• High finance amounts
• Flexible payment periods
• Up to three months grace period on first installment
• Convenient monthly installments
• Competitive rates

• ttractive reducing interest rates starting from 5.24% reducing or 3.18% flat p.a.
• Loan amounts up to AED 3,000,000
• No collateral or guarantor required
• Free Bank Account with no minimum balance requirement

• Enjoy interest/profit rates from as low as 7.05% p.a., and better manage your finances
• Flexible monthly repayment schedule from one to four years
• Borrow up to AED 1,000,000 depending on your monthly salary and length of employment
• Top Up Loan Instalement Deferment Option

• Borrow up to 20 times your monthly income
• Take Over Facility
• Top Up Loan
• Instalement Deferment Option
• No minimum balance required on the operating account for the tenure of the loan
• 24X7 Banking

• Access up to AED 500,000 at an attractive profit rate
• Profit rates as low as 7.55% p.a. (reducing)
• Take Over Facility 
• Top Up Loan
• Instalement Deferment Option
• No minimum balance required on the operating account for the tenure of the loan
• 24X7 Banking

• Attractive interest rates starting from 9% per annum
• A loan covering 100% of annual tuition fees
• 100% of admission fees
• 50% of accommodation/hostel fees

• Interest rates starting from 5.68% per annum
• Pay low monthly installments
• Borrow up to 20 times your monthly salary
• Repay over a period of up to 48 months
• Get competitive interest rates

• Interest rates starting at 9% per annum
• A loan to cover a full year’s rent on your UAE residence of choice
• Manageable monthly installments

• Competitive interest rates starting at 4.50% per annum
• High loan amount
• Flexible repayment period based on loan type
• Consolidate all your debts in one payment

• Loans up to AED 2 Million
• Repayment period up to 48 months
  Interest rates as low as 5.49%

• Get high loan amounts of up to AED 5,000,000 with flexible payment terms of up to 48 months
• A salary transfer to a FAB account is required
• Benefit from comprehensive life insurance coverage
• Enjoy best-in-class rates starting from
  • 4.74% Fixed rate per year- With multi product package (with a salary transfer to your FAB account and holding a credit card from FAB
  • 5.95% Variable rate per year - With a salary transfer to your FAB account without holding a FAB credit card

Other great benefits included with the Multi Product Package:
Up to AED 7,500 in FAB Rewards when you transfer your salary to your FAB account with holding a credit card from FAB

• Attractive reducing interest rates starting from 5.99% reducing or 2.63% flat p.a.
• Loan amounts up to AED 3,000,000
• No collateral or guarantor required
• Free Bank Account with no minimum balance requirement
• Easy process and simple documentation
• 7-day Loan Return Option

• Profit rates starting from 3.33% p.a.
• High finance amount of up to AED 1.25 million for expatriates, and AED 2 million for UAE nationals
• Finance tenure up to 4 years
• Takaful coverage (including optional family and job loss cover)
• First year free credit card
• Simple documentation and quick approvals

• High loan amounts for UAE nationals and residents
• Competitive reducing interest rates starting from 15.99 to 18.99% reducing per annum
• Flexible repayment period up to 48 months
• Current account with minimum balance requirement waived
• Interest rates are subject to individual profile and CBD credit analysis

Profit rates starting from 3.33% p.a. High finance amount of up to AED 1.25 million for expatriates, and AED 2 million for UAE nationals Finance tenure up to 4 years Takaful coverage (including optional family and job loss cover) First year free credit card Simple documentation and quick approvals

ADCB TouchPoints awarded on ADCB Personal loan amount (AED 10,000 and above) are as follows:

• 200 TouchPoints will be earned for every AED 1,000 of loan amount, when loan amount is AED 150,000 or less.
• 300 TouchPoints will be earned for every AED 1,000 of loan amount, when loan is above AED 150,000.

• Highest salary multiples
• Longest repayment periods
• Low interest rates
• Consolidation of loans available
• Simple documentation
• Credit Life Insurance
• Free ADCB Credit Card
• Plus up to 2 times salary overdraft

ADCB TouchPoints awarded on ADCB Personal loan amount (AED 10,000 and above) are as follows:

• 200 TouchPoints will be earned for every AED 1,000 of loan amount, when loan amount is AED 150,000 or less.
• 300 TouchPoints will be earned for every AED 1,000 of loan amount, when loan is above AED 150,000.

• Highest salary multiples
• Longest repayment periods
• Low interest rates
• Consolidation of loans available
• Simple documentation
• Credit Life Insurance
• Free ADCB Credit Card
• Plus up to 2 times salary overdraft

• A special profit rate starting from 6.5% p.a.
• First installment payment grace period up to 90 days
• 100% processing fee waiver

• Financing of up to AED 250,000
• Finance installments up to 48 months
• Free postponement option
• Free ADIB VISA Cashback Card for the first year

• Free pre-approved ADIB VISA Cashback Card for the first year
• First installment payment grace period up to 90 days
• Two free installments postponements every year
• Takaful cover protection with competitive rates

• A wide range of Shariah compliant products
• Fast and simple approval process
• Competitive Profit Rates
• High Finance Amount and Flexible Tenures
• Low minimum salary requirement

• 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

• High loan amounts for UAE nationals and residents
• Competitive interest rates starting from 5.50% reducing per annum
• Flexible repayment period up to 48 months
• Current account with minimum balance requirement waived
• Interest rates are subject to individual profile and CBD credit analysis

Attractive reducing interest rates starting from 5.99% reducing or 2.63% flat p.a.
Loan amounts up to AED 1,000,000
Free Bank Account with no minimum balance required
7-day Loan Return Option
Double Insurance Coverage

• Minimum salary requirement of AED 5,000 only
• Maximum tenure of 48 months
• High finance approvals for your personal finance needs
• Maximum finance set at AED 4 million for UAE Nationals and AED 2 million for Expatriates

• High finance amount of up to 4 million for UAE Nationals and 2 million for Expats
• UAE Nationals starting profit rate of 2.59% flat p.a approximately equivalent to 5.11% reducing p.a
• Expat starting profit rate of 2.85% flat p.a  approximately equivalent to 5.22% reducing p.a
• Financing available to salaried 
• Financing up to 4 million for UAE Nationals 
• Approvals in 24 hours
• Pre approved credit card and 100% discount on first year's annual fees
• Flexible, extended repayment periods of up to 4 years with low profit rate.

• Expats starting fixed profit rate of 2.95% and reducing rate of 5.39%
• Free takaful coverage
• Holiday period for Expats is up to 90 days
• Profit rates vary depending on salary
• High finance amount of up to 2 million for Expats 
• Flexible, extended repayment periods of up to 4 years
• Simple, quick approval process
• Can be used to consolidate all debts into an easy payment plan involving the same instalment every month
• External credit cards can be paid off for a lower monthly payment
• No over limit fees or additional charges with a lower profit rate
• Nominal processing fees
• Murabaha structure followed
• Shari'a based product
• Exclusive policy terms on buyout finances
• Easy Documentation
• Free Takaful Coverage
  
  *Personal Finance flat rate, approximately equivalent to 5.39% reducing rate per annum.|

• Loan amounts up to 90% of End-of-Service Benefit amount
• Attractive reducing interest rates
• Fast processing of loan application
• 7-day Loan Return Option
• Double Insurance Coverage

• Rates starting 5.24% or 2.63% flat
• No minimum length of service required
• High loan amounts up to AED 400,000
• Option of current or savings account with no minimum balance requirement
• Free International ATM/Debit Card

• Loan amount up to 90% of Fixed Deposit amount in AED and up to 80% for INR Fixed Deposit
• Loan in AED against INR Fixed Deposit Personal Loans rate starting at 3.99%
• Maximum tenor up to 48 months
• Salaried and Self-Employed customers can avail this facility
• 7-day Loan Return Option Double Insurance Coverage

• Maximum loan amount up to AED 500,000.
• Available even for customers whose employer is not on Emirates NBD's Approved List
• 7-day Loan Return Option
• Double Insurance Coverage

• Loan amount up to 20 times of your salary
• Repayment period up to 48 months
• Interest rates as low as 5.49%
• Loans available up to AED 2.5 million