Personal Loans for Emiratis offer high loan limits at attractive interest rates, and caters to the financial needs of a wide range of UAE professionals at convenient repayment options.
Copy of Passport
Copy of valid Emirates ID
Salary Transfer Letter from employer as per Mashreq format
Last 3 months bank statement
Personal Loan Application Form (by Mashreq)
Copy of family book
Minimum monthly salary of AED 10,000 Salary
Needs to be transferred to Mashreq
Employer needs to be part of the approved list of companies with Mashreq
The loan installment along with the overall regular monthly installments should not exceed 50% of the monthly salary
Comfortable repayment loan tenure of up to 48 months
(except for employees of Ministry of Defense where maximum tenor is up to 60 months)
Exciting bundled offers available with extra benefits
Simple documentation and quick processing
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FABCashback Credit Card
SALARY TRANSFER Yes
MONTHLY SALARY AED 5,000
FIXED RATE 3.50%
REDUCING RATE 3.50%
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