Personal Loan in UAE Exchange: Eligibility & Interest Rates

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  | Published: 13 August 2021

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Headquartered in Abu Dhabi, UAE Exchange operates in around 31 countries in the world. The company is also known as Unimoni. It was founded in 1980 with three subsidiaries named UAE Exchange Lotus Executive Apartments Branch, UAE Exchange Centre WLL and TOM Technologies Private Limited.

UAE Exchange India offers a wide range of innovative financial solutions, including loans, money transfer and foreign currency exchange services for individual and corporate clients. Although UAE Exchange is well known for its Gold Loan, it also offers two types of personal loans - Sampoorna personal loan and Sampreethi personal loan.

By providing the right set of documents with a duly signed application form, the applicants can get these personal loans processed in no time. Let us go ahead and know more about these personal loans in UAE Exchange.

Sampoorna Personal Loan in UAE Exchange

Sampoorna Personal Loan in UAE Exchange has been designed especially for individuals with immediate financial requirements. The loan amount directly gets disbursed in the borrower’s bank account.

Features and Benefits of Sampoorna Personal Loan in UAE Exchange

Here is a list of features and benefits offered by Sampoorna Loan in UAE Exchange.

  • Interest Rate: The bank charges an interest rate of 24 per cent on the personal loan in UAE exchange.
  • Processing Fee: The minimum processing fee for availing Sampoorna Loan is INR 1000, and the maximum processing fee is 2 per cent of the personal loan amount.
  • Repayment Term: The borrowers get a repayment term of 12 months that can be extended to 18 months in case the loan amount is higher than INR 1 Lakh.
  • Maximum Loan Amount: The applicants can apply a minimum of INR 50,001 and a maximum of INR two lakh as the personal loan amount.

Sampreethi Personal Loan in UAE Exchange

Sampreethi Personal Loan is provided to executives and professionals to fulfil their financial requirements. The applicants with a minimum monthly salary of INR 7,500 can apply for the loan. The applicants can apply for Sampreethi Personal Loan in UAE exchange only to meet their personal financial needs or purchase a consumer product.

Features and Benefits of Sampreethi Personal Loan in UAE Exchange

Here is a list of features and benefits offered by Sampreethi Personal Loan in UAE Exchange.

  • Processing Fee: The minimum processing fee for availing Sampreethi Loan is INR 1000, and the maximum processing fee is 2 per cent of the personal loan amount.
  • Interest Rate: The bank charges an interest rate of 24 per cent on the personal loan in UAE exchange.
  • Repayment Term: The borrowers get a repayment term of 12 months to repay the Sampreethi loan.
  • Maximum Loan Amount: The applicants can apply for a maximum of INR 50,000 as the personal loan amount.

Eligibility Criteria to Apply for a Personal Loan in UAE Exchange

Salaried employees, executives and professionals can apply for a personal loan in UAE Exchange. The applicants need to submit their salary certificate or income proof to complete their loan application.

Documents Needed to Apply for a Personal Loan in UAE Exchange

Here is a list of documents required when applying for a personal loan in the UAE exchange.

Type of Personal Loan

Documents Required

Sampoorna Loan

  • A filled application form
  • A Field Verification Report
  • CIBIL Checking Report
  • DPN
  • ID Proof of Borrower and Guarantor
  • Guarantor Cheque
  • IT Returns – Two years
  • Salary Slips (of the last three months)
  • Employment Proof of the Borrower
  • Guarantor and Borrower Webcam photo
  • EMI Cheques

Sampreethi Loan

  • A filled application form
  • A Field Verification Report
  • ID Proof of Borrower and Guarantor
  • Webcam photo of Borrower and Guarantor
  • Guarantor Cheque
  • EMI Cheques
  • DPN
  • Income Proof of Borrower and Guarantor

Conclusion

UAE Exchange offers personal loans at attractive schemes, competitive interest rates and hassle-free documentation. To evaluate your monthly instalment amount, you can use a personal loan EMI calculator available online.

You can also visit our personal loan section to explore more about the available loan options in the UAE Exchange. Make sure you give us a call if you need assistance, and our team will guide you through the process of getting your personal loan approved without any trouble.