UAB Personal Loan for Expats

Personal Loan up to 8 times your Salary

Personal Loan in UAE

T&C Apply

  • 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

UAB offers personal loan for expats with flexible repayment periods up to 48 months. UAB offers several products and services under customized banking solution to meet various financial needs of an individual. UAB personal loan is offered at reducing interest rates up to 5.25%   with maximum loan amounts up to AED 2 million.

 

Interest Rate Charged on UAB Personal Loan for Expats

UAB offers personal loan for expats on the interest rate as low as 5.25 percent per annum.

Features & Benefits of the UAB Personal Loan for Expats

Feature

Availability

Salary Transfer

Required

Early settlement

Yes 1% of settlement amount

Cashback

No

Free Credit Card

Yes

Free Personalized Cheque Book

Yes

Free Insurance

Yes

Introductory Offers

No

Phone Banking

Yes

Given below are the key features & benefits of personal loan for expats offered by UAB: 

  • High Loan Amount: The borrower can avail a high loan amount of a maximum of 2 million AED. 
  • Repayment Period: The borrower can enjoy a flexible tenor period of a maximum of 4 years. 
  • Credit Card: Along with the personal loan, the borrower can also avail a free credit card with no annual fee for the first year.
  • Simplified Process: Fast approval & minimal documentation is required. 
  • Buy-out Facility: The borrower can buyout loan from other banks to access additional funds. 
  • Deferment & Top-up Facility: The borrower can postpone a maximum of two loan installments in one year. In addition to this, the borrower can apply for a top-up loan after making the 20 percent repayment of the existing loan. 

Eligibility  &  Documents   Required   for  the  UAB  Personal Loan for Expats

Eligibility 

 

Age Criteria

Minimum 21 years & Maximum 60 years (at the time of loan maturity)

Minimum Income Required

7500 AED

Other Requirement

Working in a Government, Semi-Government or private employer approved by UAB.

Documents Required 

Proof of Identity/Address

Passport Copy with a Valid Resident Visa

Other Documents

Original Bank Statements of the last 3 or 6 months Salary Transfer letter

Frequently Asked Questions

Q.1.  Is salary transfer to United Arab Bank mandatory?

Ans: Yes, it is mandatory that your monthly salary should be transferred to United Arab Bank for a personal loan.

Q.2.  Are collaterals needed to avail UAB personal loan?

Ans: No collaterals are required for availing UAB personal loan.

Q.3.  What is the maximum repayment tenor for UAB personal loan?

Ans: The maximum tenor is up to 4 years.

Q.4.  How much loan amount can I borrow? 

Ans: A maximum limit of the loan amount is up to 2 million AED. 

Q.5.  How do I repay my UAB personal loan? 

Ans: You can easily repay UAB personal loan by debiting repayment amount from your monthly salary when it got transferred to the UAB bank account.

Personal Loan Categories
Personal Loan Bank Wise

Reviews & Ratings

★★★★★
4.6 / 5 (based on   12,100 +google icon reviews)
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mehmoodAbu Dhabi, March 20, 2023
★★★★★
Had a great experience with policybazaar UAE!I recently Policybazaar to obtain a personal loan and was very pleased with the experience. They have a streamlined application process and provide you with the right assistance.
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Sm FarhadAjman, March 19, 2023
★★★★★
Kudos to the customer representative team of Policybazaar!I had a great experience with Policybazaar UAE. They have multiple products and have a very helpful and knowledgeable staff. I was able to get a loan quickly and easily and was very satisfied with the result.
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Nasr Allh Mohamed ElkhateebDubai, March 19, 2023
★★★★★
Thank you Policybazaar for helping me find the best personal loan!I recently applied for a loan through Policybazaar and was very impressed with their service. They offer plans with competitive rates and ensure a quick and easy application process.
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ZEESHAN AHMEDAbu Dhabi, March 18, 2023
★★★★★
Policybazaar has a wide range of personal loan products!Policybazaar is a great option for those looking for a personal loan. The application process is simple, and the customer service is friendly. The rates are also competitive. I highly recommend Policybazaar! Thank you.
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ADILDubai, March 18, 2023
★★★★★
Policybazaar made it easy for me to select the best personal loanI was confused about which personal loan I should get. Finally, I took it from ADCB via Policybazar, and the experience was great. The loan process was straightforward, and the customer support team helped me throughout the process.
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Lincolin Musili KikuviAbu Dhabi, March 17, 2023
★★★★★
Policybazaaer has the best customer support teamI was completely unaware of which personal loan to avail of. Policybazaar made it easy for me to select the most suitable one according to my requirements. The customer service was friendly and supportive.
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Hamza YaeenDubai, March 17, 2023
★★★★★
Easy processing of personal loan applicationPolicybazaar is simply the best. The loan process was smooth and the interest rates were reasonable. The customer service was friendly and helpful. Highly recommend.
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MNADER DALATIAjman, March 14, 2023
★★★★★
Got a personal loan at a competitive interest rate!I recently took out a loan from Emirates NBD through Policybazaar and it was a great experience. The loan process was easy and the interest rates were competitive. The customer service was very helpful and knowledgeable. Would definitely recommend.
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Mohamed Faizan KhanDubai, March 13, 2023
★★★★★
Policybazaar is the best for selecting a personal loan product in the UAE!I chose Policybazaar to obtain a personal loan provider in UAE The process was straightforward, and the terms were fair. The customer service was responsive and helpful throughout. Highly recommend.
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Varghese MathewDubai, March 10, 2023
★★★★★
Got the best personal loan from Mashreq bank!I recently took a personal loan from Mashreq bank via Policybazaar, and the experience was great. The loan process was easy, and the interest rates were competitive.
Read All Reviews
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