ADIB Travel Finance for UAE Nationals in UAE

ADIB travel finance for UAE nationals is a tailor-made credit instrument that enables you to bear your travel expenses. Whether you are booking tickets, accommodation, or simply paying for food and souvenirs, you can do it all with this advance option.

Being a sizable credit facility, it enables you to fund all the expenses on the road. Moreover, the favourable terms ensure a better borrowing experience. The repayment terms here are also favourable, allowing you to avoid any hiccups during the process.

Features and Benefits of ADIB Travel Finance for UAE Nationals

Following are some notable advantages of the travel finance extended by ADIB –

1. The credit amount here can go up to AED 250,000.
2. It comes with a flat rate and reduced rate of 3.85% and 6.99%, respectively.
3. You can repay the personal loan within 4 years.
4. No processing fee is applicable on this financial product; ADIB waives it.
5. Just bear 1% of the outstanding amount to date as an early settlement fee.
6. Now receive an optional Takaful cover of up to 1.25% of the total loan amount.
7. There is a 120-day instalment holiday on your first payment.
8. Also, you have the liberty to suspend 2 instalments in a year.

Interest Rate for ADIB Travel Finance for UAE Nationals

The interest rate for UAE nationals on travel finances is a flat rate of 3.72% or a reducing rate of interest of 6.75%.

Eligibility Criteria of ADIB Travel Finance for UAE Nationals

To get the necessary travel financing from ADIB, you need to meet the following eligibility parameters –

1. Be a native of the UAE
2. The minimum age should be 21 years, and the maximum age time of maturity should be 65 years
3. The monthly salary must be at least AED 8,000
4. Salary transfer is compulsory
5. Your employer should be on the approved list of ADIB

Income Salary for ADIB Travel Finance for UAE Nationals

To secure a personal loan in UAE for travelling purposes, you must meet the nominal salary requirement of AED 8,000.

Documents Required for ADIB Travel Finance for UAE Nationals

As a UAE national, to get an ADIB personal loan for travelling, you need to submit the following papers –

1. Valid original passport and a copy
2. Your Emirates ID card
3. A quotation from a travel agency that has been addressed to ADIB
4. A fresh salary transfer certificate addressed to ADIB
5. You might need a bank statement for the last 3 months if the salary has not been credited to ADIB

After furnishing all these documents that have been mentioned here, you will need to wait for the bank’s approval.

How to Apply for ADIB Travel Finance for UAE Nationals

Just like the rest of the loan sanction procedure, the application process for a personal loan in UAE for travel finance is overall a simple thing. Expats applying for travel finance at ADIB can do it either online or offline. Both procedures are discussed below:

ADIB Travel Finance for UAE Nationals – OnlineProcedure

Following is a detailed guide on the online application process of securing funds from ADIB –

• Step 1 – Visit the official website of ADIB.
• Step 2 – Navigate to the ‘Personal’ option, hover the cursor on ‘Finance’, and then click on ‘Travel Finance’.
• Step 3 – On the bottom of the redirected page, click on ‘Apply Now’ under the ‘Online’ option. 
• Step 4 – Duly fill out the application form with all the necessary information. Then click on the option of ‘Submit Request’. Your online travel finance process is complete. 

ADIB Travel Finance for UAE Nationals – Offline Procedure

You can also visit the nearest ADIB branch to apply for travel finance. In this case, you need to fill out an application form and follow the rest of the procedure as mentioned by the bank authorities.

The ADIB Headquarters address:

• HQ Address: Sheikh Rashid Bin Saeed St (Old Airport Road) opposite Hilton Capital Grand Hotel.
• Phone Number: 600543216

Travelling is something that you try not to skip out on, especially if it is due to a shortage of funds. The ADIB travel finance for UAE nationals is here to help you out in this regard. You can now refrain from dipping into your savings and rather take a credit against favourable terms to fulfil your travel goals. However, go through the loan-related terms before finalising to avoid any future complications.