Personal Loan up to 8 times your Salary
T&C Apply
Get personal loan at Lowest Interest Rate
AB offers personal loan for UAE nationals with flexible repayment periods up to 48 months to meet the financial needs of a wide range of Emirati professionals. UAB personal loan is offered at reducing interest rates starting from 5.25% so as to ensure the borrower pay low equated monthly installments while fulfilling their basic need by getting access to additional funds.
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 |
Here are some of the key features & benefits of the UAB personal loan for UAE nationals:
Age Criteria |
Minimum 21 years & Maximum 65 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. |
Identification Documents |
Emirates ID & Passport Copy |
---|---|
Other Documents |
Original Bank Statements of the last 3 or 6 months
Salary Transfer letter |
UAB offers personal loan for UAE nationals on the interest rate as low as 5.25 percent (per annum).
Q.1. What is the maximum tenor period for a UAB personal loan?
Ans: The maximum tenor period is 4 years for UAE
Q.2. Can UAB personal loan be provided to unconfirmed employees?
Ans: No, UAB offers personal loan to confirmed employees only so you need to be confirmed to be eligible for a loan.
Q.3. Do I have an option of loan postponement along with the UAE personal loan?
Ans: Yes, you can postpone 2 loan installments payments in 12
Q.4. Do I need to provide guarantors or collateral for a personal loan offered by UAB?
Ans: No, you don’t have to provide guarantors or collateral to apply for UAB personal
Q.5. What benefits can I avail from UAB personal loan?
Ans: You can avail loan amount that is 20 times of your monthly salary, the free credit card for the 1st year, minimal documentation, and quick approval of the loan.