Abu Dhabi Commercial Bank Personal Loan for UAE Nationals

Overview

The Abu Dhabi Commercial Bank offers attractive customized personal loans for the UAE nationals. This ADCB personal loan offers low-rates of interest, high-salary multiples, easy eligibility criteria and extended tenure. That’s why it is suitable for the nationals of the UAE. Additionally, the borrower may earn TouchPoints against their loan amount.

Features & Benefits of Abu Dhabi Commercial Bank Personal Loan for UAE Nationals

Here are a few features and benefits of ADCB personal loan for the UAE nationals:

Low Rate of Interest

ADCB personal loan interest rate is very low making it easy for the applicant to repay it.

High Salary Multiples

The ADCB bank personal loan for UAE nationals offers higher salary multiples for the applicant.

Repayment Period

Another attractive benefit of this loan for UAE Nationals is the availability of longer tenure for repaying the loan.\

Easy Documentation

The process of applying for this personal loan for UAE Nationals is quite simple, thanks to easy documentation.

Loan Consolidation

The borrower can avail the benefit of consolidation of the loan if they apply for this ADCB personal loan.

Complimentary Credit Card

The borrower can avail the benefit of a complimentary ADCB credit card along with the facility of salary overdraft for up to three times

Involuntary Loss of Employment Benefit

Optionally, the borrower can avail an insurance cover for Involuntary Loss of Employment Benefit at by paying a nominal premium.

TouchPoints

The borrower may earn 200 TouchPoints on each 1000 AED of the loan amount:

Interest Rate on ADCB Personal Loan for UAE Nationals

The interest rate charged on this personal loan for expats ranges from 5.25 percent to 14.25 percent.

Frequently Asked Questions- ADCB Personal Loan for UAE Nationals

Q1- What benefits would I get under Involuntary Loss of Employment Benefit?

If you involuntarily lose your job during the active status of cover, you will get either 10 percent of the balance outstanding or 5,000 AED (whichever is lower) during 6 months’ indemnity periods. 

Q2- How can I apply for the ADCB personal loan?

You may apply for ADCB personal loan online, by visiting the nearby branch or through phone banking.

Q3- What how many salary overdrafts can I avail on this loan?

You can avail up to three overdrafts.

Q4- Can I apply for this personal loan on a joint basis?

No. You cannot apply for any category of personal loan on a joint basis.

Q5- Can I hold my repayment account with some other bank?

No. You must hold the repayment account with the ADCB.