Al Hilal Bank Travel Finance

Personal Loan up to 8 times your Salary

Personal Loan in UAE
  • Minimum Salary 5000 AED
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates

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Get personal loan at Lowest Interest Rate

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Ras Al Khaimah
  • Ajman
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While travelling is often fun, educational, and enlightening, doing so beyond your means can prove challenging. A lack of proper finances when you are travelling can prove disastrous for an otherwise pleasant experience. The easiest way to solve this issue is to look for a personal loan in UAE to finance your travels, and one of the best providers in the UAE for the same is Al Hilal Bank. An Al Hilal Bank Personal Loan for travel makes sure that you have sufficient funds to travel the way you want to travel without any compromise.

This article will provide an extensive description of Al Hilal Bank Travel Finance in detail.

Features and Benefits of Al Hilal Bank Travel Finance

Al Hilal bank is known for providing an extensive range of products related to a personal loan in UAE to make your travelling experience the best it can be. Whatever you want – be it flight booking or hotel reservations - Al Hilal Bank Travel Finance has you covered so you can stay free of stress about the bills.

Described below are the key features of AHB Travel Loan:

  • High Loan Amount - Al Hilal Bank provides personal loans with high credit limits to help you achieve your dream vacations.
  • Adequate Loan Tenure - If you obtain travel finance from Al Hilal Banks, you will be able to repay it in easy instalments across 12 months.
  • Low Rates of Profit - AHB Personal Loans offer reduced interest rates to help you fulfil your travel requirements at low costs. For UAE residents, the flat interest rates provided by the bank commence at 2.90% per year, while for expatriate clientele, the annual rates start at 3.40%.
  • Minimal Documentation - With just a few documents related to your identity, nationality, salary, and more, you will be able to secure a personal loan in UAE from Al Hilal Bank and savour your travel experience.
  • Shariah-Compliant - Al Hilal Bank provides a Shariah-Compliant Personal Loan in UAE for travel. Thus, you can avail of the required funds for your travel while following the Islamic laws regarding finance.

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Interest Rates of Al Hilal Bank Travel Finance

Personal loans from Al Hilal Bank are reasonable in price due to their affordable profit rates as discussed in the table below:

Personal Loan Plan Rate of Profit Beginning at
Al Hilal Bank Travel Finance for UAE Nationals 2.90% per annum
Al Hilal Bank Travel Finance for Expatriate 3.40% per annum

Documents Required for Al Hilal Bank Travel Finance

The bank will require the following paperwork in order to approve your AHB personal loan application:

  1. Valid Passport
  2. Last 6-month Bank Statements
  3. Residence Visa page
  4. Liability Letters

While the procedure will be completed with these documents in most cases, the bank may seek extra documentation during the loan application process as per its discretion.

Eligibility Criteria of Al Hilal Bank Travel Finance

You need to keep some points in mind when applying for an AHB Personal Loan in UAE regarding the requirements that are to be fulfilled by applicants. The following are the major eligibility criteria for an AHB Personal Loan in UAE:

  • Age: Applicants need to be 21 years or older to apply for a personal loan from Al Hilal Bank. 
  • Residency: Al Hilal Bank Personal Loans are available to both UAE nationals as well as ex-pats.
  • Salary Requirement: Applicants with a monthly income of at least AED 5,000 can apply for the Al Hilal Bank Travel Finance.

In a Nutshell

Minimum Age Requirement 21 years
Residency UAE Nationals and Expatriates
Minimum Salary Requirements (Per Month) AED 5,000

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How to Apply for Al Hilal Bank Travel Finance?

Digital application and quick personal loan approval from Al Hilal Bank ensure that you won’t have to wait long before starting the journey for your dream vacation. Applicants are simply requested to submit a loan application form with supporting paperwork to the bank. The bank verifies the applicant’s eligibility, interest rates, and credit limit based on these documents.

You can apply for an AHB personal loan in UAE through two different methods – via the bank’s website or a nearby branch

Online Application

  1. Log in to the bank's website.
  2. Select 'Finance' from the submenu, followed by 'Personal' from the financing options.
  3. Choose 'Travel Finance' and provide the required information in the loan application. 
  4. A bank representative will contact you to complete your personal loan processing.

Customers can apply for this AHB personal loan in the UAE by simply visiting a local Al Hilal Bank branch. A digital application process, however, is preferable as it speeds up the overall procedure and saves users’ time.

Whether you opt for a personal loan, auto loan, home loan, or any other type of financing, you will be making a big commitment in terms of effort and funds. Consequently, selecting the best plan here becomes necessary. This part can only be done by comparing the top plans across a category. 

The best way to achieve this goal is to visit policybazaar.ae and check for ‘personal loans in UAE’ or any other category of loans, credit cards, and insurance as per your preference. You will get to check out the best plans for the same, compare all of them, and buy one of your choice – all in one place!

FAQ's

Q1. As an ex-pat, can I seek an AHB personal loan in UAE?

Ans: Yes. Both UAE nationals as well as ex-pats can apply for AHB personal loans.

Q2. What is the age requirement for a personal loan from AHB?

Ans: Individuals are required to be at least 21 years old to be considered eligible for a Personal Loan from Al Hilal Bank.

Q3. What is the interest rate on AHB Personal Loans?

Ans: Current Interest rates on AHB Personal Loans begin at 2.9% per annum for UAE nationals & 3.40% per annum for expatriate borrowers.

Q4. What is the loan tenure of AHB personal loans?

Ans: The loan term for AHB Personal Loans is 12 months.

Q5. Is it possible to pre-pay my personal loan?

Ans: Yes, personal loan pre-settlement is permitted by Al Hilal Bank. However, a modest early loan settlement fee will apply.

Q6. What is the needed minimum salary for a personal loan in UAE?

Ans: AHB has set a monthly income criterion of AED 5,000 or more for applicants.

Q7. How to apply for an AHB personal loan in UAE?

Ans: In order to apply for an AHB personal loan in UAE, you can visit the bank’s website and check out the personal loan section there. Another option is present in the form of offline banking, as you can go to a nearby AHB branch and apply for the same.

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