Mashreq Emirati Personal Loan for Pensioners

Mashreq
Emirati Personal Loan for Pensioners

Salary Transfer Required?
yes
Minimum Monthly Salary
AED 10,0000
Fixed Rate
0%
Reducing Rate
0%
Max Loan Amount
AED 00
Salary Transfer Required? yes
Minimum Monthly Salary AED 10,0000
Fixed Rate 0%
Reducing Rate 0%
Max Loan Amount AED 00

Top Reasons To Choose

  • Specialy Designed Loan for Pensioners

Mashreq offer personal loans for pensioners across the entire UAE. With competitive interest rates, comfortable repayment periods and flexible loan amounts - thousands of Emirati pensioners loan from us every year

Documents Required

Bank statement from the last 3 months
Security cheque with the requested loan amount
Completed Mashreq personal loan application form
Copy of your passport is 
At least one payment from your pension salary needs to be credited into your Mashreq account
Valid Emirates ID
Copy of family book

Eligibility

You must be a UAE National who is receiving a monthly pension salary from the Pension Authority
You must have a minimum income of AED 10,000
You must ensure your pension salary is transferred to Mashreq

Detailed Features

Important points to note about personal loans on a pension:
Loan amount can go up to 20 income multiples
The total repayable amount should not exceed 30% of your monthly pension salary
The maximum loan tenor can go up to 48 months
Minimum loan amount is AED 20,000

Apply Now

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