Get personal loan at lowest interest rate
Get personal loan at lowest interest rate
Personal Loan up to 8 times your Salary
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.
UAB offers personal loan for expats on the interest rate as low as 5.25 percent per annum.
|
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:
|
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. |
|
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 |
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.