ADCB Personal Loan Interest Rates

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

Get personal loan at Lowest Interest Rate

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Ras Al Khaimah
  • Ajman
  • Other

Established in 1985, Abu Dhabi Commercial Bank (ADCB) has grown to become one of the leading financial institutions in the UAE with its wide range of banking services. With a commitment to providing top-notch services, ADCB has earned a reputation as a reliable and trusted partner for UAE residents seeking financial solutions.

Among its diverse array of products, ADCB personal loans cater to the varying requirements of different market segments, making them an ideal choice for individuals seeking flexible and accessible financial assistance. A key aspect to consider when applying for a personal loan is the interest rate, as it significantly impacts the overall cost of borrowing.

In this article, we will delve deeper into ADCB Personal Loan interest rates in the UAE to provide you with a comprehensive understanding of its offerings and help you make informed decisions for your financial needs.

Features of ADCB Personal Loan

Before discussing the interest rates, let's take a look at the notable features of ADCB personal loans in the UAE -

  • Available for UAE Nationals and Expatriates: ADCB personal loans are of two types – one catering to the requirements of UAE nationals and the other for expatriates. You can choose any of them as per your nationality and other criteria.
  • High Salary Multiples: It refers to the maximum loan amount you can borrow based on your income and salary. ADCB offers high salary multiples, allowing you to obtain larger loans. It is highly beneficial for those who require substantial funds for potential expenses or investments.
  • Competitive Interest Rates: Another key advantage of ADCB personal loan is that it offers competitive interest rates. A lower interest rate reduces the overall cost of borrowing and saves you money over the loan repayment period.
  • Loan Consolidation Feature: ADCB allows you to consolidate multiple loans into a single personal loan. This can be of great help in managing your debts more effectively by combining them into one monthly payment, often at a lower interest rate.
  • Simple Documentation: ADCB has made the entire loan process as simple as possible by requiring minimal documentation. This can speed up the loan application process and reduce the time it takes to access the funds.
  • Credit Life Insurance: It helps cover the outstanding loan balance in the event of the borrower's death or permanent disability. The insurance here ensures that the borrower's family or dependents are not burdened with debt repayment in such cases.
  • Free adcb credit card: As an added benefit, ADCB personal loan borrowers may be eligible to receive a complimentary credit card. This card comes with additional perks like rewards, cashback, and discounts, further enhancing the value of the bank's personal loan offering.
  • Salary Overdraft: An overdraft is a short-term credit facility that permits you to withdraw more money than you have in your account, providing financial flexibility in case of unexpected expenses or emergencies. Currently, UAE nationals can access an overdraft facility of up to three times their monthly salary, while expatriates can access it up to two times.
  • Earn TouchPoints: ADCB personal loan borrowers can earn TouchPoints depending on the loan amount. The maximum TouchPoints that you can earn on a personal loan is 75,000.
  • Maximum and Minimum Loan Amount: The maximum personal loan available for UAE nationals is AED 4,000,000 and AED 1,500,000 for expatriates. The minimum loan amount, on the other hand, is AED 15,000.
  • Types of Interest Rates: ADCB offers two types of interest rates on personal loans – Fixed and Variable rates. You can choose any of them as per your requirements.
  • Maximum Loan Repayment Tenure: UAE residents can obtain ADCB personal loan for up to 4 years.

ADCB Personal Loan Interest Rates

Given below are the applicable interest rates on ADCB personal loans –

Types of ADCB Personal Loan ADCB Personal Loan Interest Rates
Personal Loan for UAE Nationals Starting from 4.99% per annum
Personal Loans for Expatriates Starting from 5.75% per annum

Factors Affecting ADCB Personal Loan Interest Rates

Listed below are the factors affecting ADCB personal loan interest rates in UAE –

  • Income: Your income plays a significant role in determining the ADCB personal loan interest rate. Higher income usually indicates greater financial stability and a lower risk for the lender, which may lead to lower interest rates. Conversely, lower-income borrowers may receive the loan at higher interest rates due to the increased perceived risk.
  • Credit Score: A credit score is a numerical representation of your creditworthiness based on your past credit history. A higher credit score signifies that you have been responsible with your credit in the past, making you a low-risk borrower for the lender. As a result, borrowers with high credit scores generally receive lower interest rates, while those with lower scores may receive higher rates.
  • Debt to Income Ratio: This ratio compares your total monthly debt payments to your gross monthly income. A lower debt-to-income ratio indicates that you have a manageable debt level, which reduces the risk for the lender. This, in turn, may lead to lower interest rates. A high debt-to-income ratio, on the other hand, can result in higher interest rates due to increased risk.
  • Relationship with The Lender: If you have an existing relationship with ADCB, such as a savings or current account, the bank may offer you a better interest rate on your personal loan. This is because the bank has a better understanding of your financial behaviour and can assess your risk more accurately.
  • Loan amount: The size of the loan can also influence the ADCB personal loan interest rate. Smaller loans may have higher interest rates because they are perceived to be riskier for the bank. Larger loans, however, may be seen as less risky and can lead to lower interest rates.
  • Loan Tenure: Longer loan tenures can result in higher interest rates, as the bank assumes more risk over an extended period. On the other hand, shorter loan tenures typically come with lower interest rates, as the risk to the lender is reduced.
  • Age: Age can impact ADCB personal loan interest rates, as younger borrowers may be perceived as riskier due to their limited credit history or lack of financial stability. Older borrowers with a more established credit history and stable income may receive lower interest rates. However, note that if you are near the age of retirement, you may be charged a higher interest rate.
  • Status of Employer: The reputation and stability of your employer can also influence your ADCB personal loan interest rate. Working for a well-established company with a good reputation may result in a lower interest rate, as it implies greater job security and financial stability. On the other hand, working for a less stable or lesser-known company may result in a higher interest rate due to the increased perceived risk.
  • History of Default: If you have a history of defaulting on loans or other financial obligations, this will likely result in a higher interest rate on your personal loan. This is because a history of default indicates a higher risk for the lender, who may charge a higher interest rate to compensate for that risk.

How to Calculate ADCB Personal Loan Interest Rates?

Currently, ADCB provides two types of interest rates on ADCB personal loans – Fixed Interest and Variable Interest Rate. Let's take a look at each of the following options –

  • Fixed Interest Rate: Under this, the interest rate is fixed for the entire loan duration, providing stability and predictability in your monthly repayments.
  • Variable Interest Rate:  Also referred to as a floating rate loan, this interest rate varies throughout the loan term. The variable rate consists of the relevant EIBOR (Emirates Interbank Offered Rate) plus a margin with a minimum 'Floor Rate.' For personal loans, the EIBOR used is the '3 Month EIBOR.' You can use the ADCB personal loan calculator on the official website of ADCB to compute the monthly repayments on loans.

To use the ADCB personal loan calculator, you must follow the given steps –

  • Visit the official website of ADCB.
  • Head to the ‘Personal Loan’ section and locate the personal loan calculator.
  • Enter the following components in the specified field – 
    • Loan Amount: It is the total amount of funds disbursed to you, the borrower, to help you fulfil your financial needs. The loan amount is typically determined based on your income, credit score, and other relevant factors. You are expected to repay the loan amount, along with any interest and fees, over the loan's repayment period.
    • Loan Tenure (in months): Known as the loan term or repayment period, this is the length of time over which you are expected to repay your loan. The tenure can vary based on your preferences and the bank's policies.
    • Interest Rate: It is the percentage charged by ADCB for borrowing money, expressed as an annual percentage of the principal loan amount.
  • Once you have filled in the accurate details, the ADCB personal loan calculator will display the estimated monthly instalments on the loan.
  • You can tweak the values and choose the best deal for yourself.

Eligibility Criteria for ADCB Personal Loan

You are required to meet the following eligibility criteria to avail of ADCB personal loan –

  • The applicant must be at least 21 years old to apply for the loan.
  • Salaried individuals are eligible for the loan. The company must be listed with the bank or eligible for listing with the bank.
  • Individuals earning AED 5,000 or more can apply.
  • It is mandatory to transfer salary to the ADCB current account to get the loan. In addition, a salary assignment letter is also required from the employer as a commitment for continuous salary transfer to the ADCB account.


Q1. Will my ADCB personal loan interest rate change if my credit score improves during the loan repayment period?

Ans: If you get the loan at a fixed interest rate, the rate will remain the same throughout the loan tenure regardless of changes to your credit score. If you have a variable interest rate, your rate would still be mainly influenced by changes in the market and EIBOR rather than your credit score. However, an improved credit score could help you negotiate better terms when refinancing or applying for new loans in the future.

Q2. Can I negotiate the ADCB personal loan interest rate?

Ans: Yes, it might be possible to negotiate a better ADCB personal loan interest rate, especially if you have a good credit score, stable income, and a long-standing relationship with the bank. You can contact our finance expert team or discuss this with a customer representative to see if there is room for negotiation.

Q3. How do loan amount and loan tenure impact the ADCB personal loan interest rate?

Ans: Although the impact of the loan amount on interest rate is not as large as other factors, larger loan amounts may have higher interest rates due to the perceived higher risk, while smaller loan amounts can result in lower rates. As for tenure, longer loan tenures can lead to higher interest rates, while shorter loan tenures typically come with lower interest rates.

Q4. How can I know if I qualify for a lower ADCB personal loan interest rate?

Ans: Factors such as a high credit score, good income, low debt-to-income ratio, and a strong relationship with the lender can help you qualify for a lower interest rate. To get the best rate, maintain a good credit history, minimise your debt burden, and consider consolidating your loans if needed.

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