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

• Get high loan amounts of up to AED 600,000 with flexible payment terms of up to 48 months
• Enjoy best-in-class rates starting from 14.99%* fixed per year
• A salary transfer to a FAB account is not required, and you can pay your instalments from the bank account into which you receive your salary each month
• A personal loan is available even if your employer is not on FAB’s Approved List of Employers
• Benefit from comprehensive life insurance coverage
• Flexible repayment terms
• Minimum documentation
• Fast-track approvals

*All interest rates quoted are effective rates on the loan’s outstanding balance.

• Loans of up to AED 250,000 (Salary transfer to Citi required)
• Loan amounts of up to 20 times of your salary
• Competitive interest rates
• Fast Approvals - in 1 day
• Instant loan funding upon final approval
• Tenors from 6 months up to 48 month

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.  

Citi Salarty Transfer loans APR rates range between from 6.99% - 14.99%.

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 479 at an effective interest rate of 6.99% per annum.           

Total repayment that would have been paid at the completion of the loan would be AED22,987. The borrower would be paying AED 2,987 as interest.  

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

Arrangement Fee: 1% of Loan amount with min. AED 500 and up to a max. of AED 2,500

• 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

• 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

• 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

• 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

• 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

• 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.|

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

• 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