Compare and find the best personal loan rates in UAE. We'll show you everything you need to know about getting the best rates on a personal loan.
Personal Loan up to 8 times your Salary
Get personal loan at Lowest Interest Rate
Personal loan in Dubai, UAE today is the preferred means of short term credit. Personal loans are available for salaried as well as self-employed individuals to meet their various general or personal needs such as home renovation, higher education, wedding, travel, medical emergency, etc.
Well, personal loans are unsecured loans which mean the borrower doesn’t need to provide any guarantor or collateral in order to procure one and can be availed easily without any security. This is one of the main reasons why the personal loan in Dubai has a high interest rate (profit rate in the case of Islamic Bank) as compared to other secured loan options. That’s why most of the people get hesitant when it comes to opting for a personal loan due to their high interest or profit rate.
But do you know that there is one bank in the UAE that offers personal loan at attractive interest rate? Well, it is none other than Noor Bank. Yes, you read it right. Noor bank offers personal loan at the competitive profit rate when compared to other banks in the UAE. Noor bank’s personal loan comes with a profit rate as low as 3.49 percent. That is amazingly low. Not only the bank offers personal loan at an attractive Interest rates but also it enables its borrower to enjoy flexible repayment period. Apart from this, there are several other reasons as to why you should opt for a Noor bank personal loan. Here are the reasons:
You can easily avail the Noor Bank personal loan as there are some generic conditions which are taken under consideration. Following are the factors that you meet by the applicant in order to be eligible for the Noor Bank personal finance:
The documentation process for Noor Bank Personal Loan is quite easy and nominal as the bank required minimal documentation. The usual documents which are required for the Noor Bank personal loan application are as follows:
So, if you are looking for a personal loan in Dubai then you can opt for a Noor Bank Personal Loan in order to have a smooth borrowing experience. Not only the Noor bank offers a personal loan at low profit rates but also there are several other benefits that you can enjoy by availing Noor Bank Personal Loan.