United Arab Bank Personal Loans for UAE Nationals

Personal Loan up to 8 times your Salary

Personal Loan in UAE

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

Get personal loan at Lowest Interest Rate

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United Arab Bank Personal Loans for UAE Nationals

Loan Amount 

Up to AED 2 Million

Repayment Tenor

Up to 4 years (48 months)

Interest rates on personal loans

Starting from 5.63 percent

Salary transfer requirement 

Yes

Minimum Salary requirement 

AED 5,000

Availing of a personal loan in UAE is an excellent choice if you wish to quickly secure funds for any requirement at minimal hassle. Whether you need finances for an emergency or a celebration, you can get a personal loan from banks like the United Arab Bank (UAB). 

With a history of more than 45 years of providing excellent services to customers, the UAB also strives to offer innovative and customer-centric finance solutions. Personal loans of this bank are among the prime examples of their customer-centric solutions. Moreover, the bank also provides specific personal loans for UAE nationals, keeping the requirement of UAE nationals in mind and offering various benefits at excellent rates.

United Arab Bank Personal Loans for UAE Nationals

  • Minimum Salary AED 75,00
  • Monthly Payment AED 2,214
  • Flat Rate 3.02%
  • Reducing Rate 5.25%
  • Islamic Finance
  • Sharia Compliant

Features & Benefits of United Arab Bank Personal Loans for UAE Nationals 

Personal loans in UAE can help you if you are in any kind of financial crunch. However, those of the United Arab Banks are highly beneficial owing to several factors. So if you wonder why you should choose UAB personal loans, listed below are the main reasons for the same.

  • Loan up to 20 Times Your Salary - United Arab Bank offers UAE Nationals the special privilege of getting a high amount loan with a minimum salary requirement and high loan amounts. Users can get up to AED 2 million as a loan amount with this UAB personal loan in UAE. 
  • Reasonable Interest Rates - Personal loans come with higher interest rates than most loan plans, which can cost you a lot more than you thought. However, this would not be the case with United Arab Bank personal loans as the bank offers loans with annual interest rates starting from just 5.63 per cent.
  • Free Credit Card - The UAB also offers a credit card for the first year of the loan without any annual fee. Thus, besides availing of a personal loan in UAE at minimal rates, you will also be able to spend better with this excellent UAB credit card. Furthermore, this loan plan also provides the option to access buyout facilities from other banks.
  • Quick Approval and Minimal Documentation - You won’t have to wait for days to get approval at United Arab bank as the approval process for UAB personal loans is fairly straightforward and quick. Similarly, the document verification process for these personal loans is uncomplicated and can be completed without requiring a dozen documents.
  • Comfortable Loan Repayment - You can choose a repayment tenure of up to 4 years for United Arab Bank personal loan plans. As a result, you will be able to fulfil your requirements first and repay the loan without constraining your finances.
  • Top-Up facility- UAB personal loans for UAE nationals come with an extra loan option called a top-up. So if you have a good repayment history with the bank, you can take advantage of top-up and obtain more credit on top of your existing loan.

Documents Required for United Arab Bank Personal loan for UAE Nationals 

While the documentation process for a United Arab Bank personal loan in UAE is easy, you would still need to keep the following documents ready if you apply for this UAB personal loan:

  • Emirates ID
  • Salary Certificate
  • Last six months’ bank account statements

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Eligibility Criteria for United Arab Bank Personal loan for UAE Nationals 

The fulfilment of the following eligibility criteria is mandatory if one wishes to apply for this type of UAB personal loan.

Minimum Salary requirement

AED 5,000

Minimum age for applying

21 years

Maximum age for applying

65 years (for nationals), 60 years (for ex-pats)

How to Apply for United Arab Bank Personal loan for UAE Nationals?

Applying for and obtaining a personal loan offline may require some extra effort and time. On the other hand, purchasing it online via the bank website can be a faster and more convenient move especially if you need the money for an emergency. 

You can apply for a UAB personal loan both online and offline at per your convenience. If you go for the former option, you will have to visit the official website of the United Arab Bank and go to its personal loans section. After finding your required plan here, you can tap on the ‘Apply Now button (located near the plan details). After providing a few details related to your nationality, income, employment, and more, you will be contacted by the bank for further procedures.

As an alternative, you can also visit a branch of the bank offline and obtain an application form for the plan of your selection. Fill it out, attach the required documents (if specified), and submit it to the bank to complete the application procedure. 
You can also check other plans related to a personal loan in UAE at Policybazaar UAE. After this article, you can go to the ‘Personal Loans in UAE’ section. You will be able to check out the best plans related to your choice there and apply for one quite comfortably.

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