Arab Bank Personal Loan

Arab Bank
Personal Loan

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 5,0000
Fixed Rate
3.3%
Reducing Rate
5.99%
Max Loan Amount
AED 550,0000
Salary Transfer Required? yes
Minimum Monthly Salary AED 5,0000
Fixed Rate 3.3%
Reducing Rate 5.99%
Max Loan Amount AED 550,0000

Top Reasons To Choose

  • Competitive interest rates

With Arab Bank Personal Loans, meeting your personal requirements could not be easier and more convenient. It is flexible, easy to arrange and offers you a host of benefits

Documents Required

  • Valid national ID and valid passport with valid Resident visa (for residents)
  • Recent utility bill in the name of the client e.g. electricity, telephone or rental contract
  • Latest Salary/Income/Employment verification document
  • Salary transfer letter
  • Bank statement of 6 months

Eligibility

  • UAE National or Resident
  • Earning at least AED 5000 per month
  • Age : At least 20 years, 5 months & 7 days old (at application)
  • Age: At most 59 years 11 months old (at loan maturity)
  • Length of Service: Min 6 Months with current employer

Detailed Features

  • Competitive interest rates starting from 5.99%
  • Convenient repayment tenure up to 4 years
  • Loan amount up to AED 550,000
  • Flexible repayment options
  • Loans buy– out facility
  • Grace Period of up to 45 days
  • Quick loan application processing time

Apply Now

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