Samba Financial Group Salary Transfer Loan

Personal Loan in UAE

T&C Apply

  • Hassle-free documentation
  • EMI Tenure up to 48 Months
  • Lowest Interest Rates

Get personal loan at Lowest Interest Rate

Search your City
  • Dubai
  • Abu Dhabi
  • Sharjah
  • Ras Al Khaimah
  • Ajman
  • Other
Samba Financial Group Salary Transfer Loan

Loan Amount Up to 

AED 600,000

Maximum Repayment Tenure 

4 years

Salary Transfer Requirement 

Yes

Minimum Monthly Salary Required 

AED 8,000

Interest Rates (APR)

Between 9 and 26% 

Apply for Samba Financial Group Salary Transfer Loan

Samba Bank is among the most renowned global banks that provide financial assistance to individuals and businesses at affordable prices. A large number of financial services are offered by the bank, of which one is the Samba Financial Group Salary Transfer Loan

The salary transfer loan provided by Samba Financial Group reflects the bank's dedication to delivering the best services to its customers at reasonable rates. This Personal loan in UAE is easy to access and provides high financing at attractive interest rates. That’s not all, as you can effortlessly transfer a personal loan from another bank to this one. 

Samba Financial Group Salary Transfer Loan

  • Minimum Salary AED 5,000
  • Monthly Payment AED 0
  • Flat Rate 0%
  • Reducing Rate 0%
  • No Salary Transfer

Key Features of Samba Financial Group Salary Transfer Loan

Listed below is a series of the benefits offered by the Samba Financial Group Salary Transfer Loan: 

  • Loan Amount That's 20 times Your Salary - If you opt for this Samba personal loan in UAE with salary transfer, you can easily receive a loan amount of up to 20 times your income. With the higher cap being AED 600,000 for this loan, you can easily utilise the funds without draining your savings for the same.
  • Easy Loan Approvals - Contrary to popular perception, the leading banks in the country have swift loan approval systems. The same applies to this bank, with the Samba Group Financial Salary Transfer Personal Finance, getting approved within a few days.
  • Ample Time for Repayment - Long loan tenures can be beneficial if you prefer low monthly instalments. With Samba Bank personal loan, you can repay the loan in up to 4 years at your own convenience, meaning that you can repay the loan without having the instalments affect your finances.
  • Insurance with the Loan - Samba Bank provides life insurance with a personal loan, with the value of the insurance being the same as your loan amount.
  • Easy Loan Take-Over - If you have an existing financial agreement with another bank, you can easily have it transferred to Samba Group Financial Salary Transfer Personal Finance. Thus, you can centralise your loan repayment and enjoy low interest rates. 
  • Minimal Documentation Requirement  - Instead of collecting a pile of documents, Samba Bank requires only a few documents related to your identity and income when you apply for its personal loan in UAE.

Income Requirement for Samba Financial Group Salary Transfer Loan 

Besides age requirements, a Samba Bank personal loan application is also required to meet the following salary requirement.

Minimum Salary Requirement

AED 8,000 per month

Apply best personal loan to get rid of financial problems

Interest rates for Samba Financial Group Salary Transfer Loan 

Given below is the range of interest that would apply on your Samba personal loan.

Interest Rate for the Salary Transfer personal Loan (APR)

Between 9 and 26%

Eligibility Criteria for Samba Financial Group Salary Transfer Loan 

After seeing the benefits that the Samba Bank Salary Transfer Personal Loan comes with, it’s time to see the eligibility requirements of the loan.

Minimum Age for Applying

21 years

Maximum Age for Applying*

60 years of age for Expats

65 years of age for UAE Nationals

*The maximum permissible age for application must be directly verified with the bank as it can vary

Documents Required for Samba Financial Group Salary Transfer Loan

When you apply for the Samba Bank Salary Transfer Personal Finance, have the necessary documents readily available to avoid any hassle of procuring the documents in an instant:

  • Salary proof like salary credits, pay cheques from the employer, and more
  • Emirates ID for UAE Nationals
  • Passport and Visa page details for Expats

Apply personal loan with maximum benefits

How to Apply for Samba Financial Group Salary Transfer Loan?

Applying for a loan by visiting the banks physically can often prove exhausting. This can be avoided by online banking, with Samba Bank also allowing users to apply for its personal loan in UAE online from the comfort of their homes. 

Here’s how you can apply from the Samba website:

  • Visit the official website of Samba Bank. 
  • Search for the option ‘Personal Finance’ where you will find various plans under the mentioned category.
  • You will find the salary transfer personal loan and several other options here. 
  • Select the plan of your choice and select the ‘Apply Now’ option.
  • This will shift you to a new webpage where you will be shown a form to fill up. Fill out this form with your name, contact number, email address, monthly income, and other such details.
  • After you submit your application, you will soon be contacted by a bank executive to proceed with your application.

You can also apply for this plan offline by filling out the application form at one of the bank’s branches and submitting it with any specified documents. Moreover, to check some other plans related to a personal loan in UAE, you can also continue on policybazaar.ae to compare and buy loans, credit cards, insurance plans, and more – all in one place. 

FAQ's

How can I apply for Samba Bank personal loan?

You can call Samba Bank’s toll-free number at 800-55000 any time of day, visit their website, or one of the bank branches to apply for a Samba personal loan.

Is it possible for a bank to turn down my personal loan application?

If you have a low credit score, a high debt request with low income, or fail to fulfil the eligibility criteria, your application for a personal loan in UAE can be rejected.

 

More From Personal Loans
Recents ArticlesPopular Articles