RAKBANK UAE National Loan

UAE National Loan

Salary Transfer Required?
Minimum Monthly Salary
AED 5000
Fixed Rate
Reducing Rate
Max Loan Amount
AED 1250000
Salary Transfer Required? yes
Minimum Monthly Salary AED 5,0000
Fixed Rate 1.99%
Reducing Rate 4.99%
Max Loan Amount AED 1,250,0000

Top Reasons To Choose

  • Low and attractive promotional interest rates
  • High loan amounts

Easy and Quick Salary Transfer Personal Loans for all your financial needs with Interest Rates starting from 3.74%, attractive discount on loan processing fees, and the option to pay your first installment in up to 120 days.

Special offer for UAE Nationals in their first job

  • Personal loan starting from 4.99% (Reducing)
  • With the option to avail an Auto Loan starting from 1.99% (Flat)

Documents Required

  • Copy of valid Passport / Emirates ID & Visa (Originals must also be presented)
  • 6 months bank statements showing salary credits
  • Salary certificate
  • Liability Letter or clearance letter (if applicable)
  • Application form duly filled & signed by customer

Joining Offers


  • Minimum Salary of AED 5000
  • Min Age of 21 years
  • Minimum 6 months of length of service with current employer

Detailed Features

  • Loans available for salaried UAE National customers with salary starting from AED 3,000 
  • Loan Amount up to 20 times your salary
  • Option to combine all your existing loans into one loan, under one monthly payment for ease of payment
  • Option to avail Salary Advance which allows you instant access to funds via digital banking. 
  • Option to defer your installment  twice per year
  • Convenient Top-up loan after 1 year 
  • Free RAKBANK Debit Card and personalized cheque book*
  • Free RAKBANK Credit Card with no annual fee ever and low interest rates
  • Easy documentation
  • Customers with Salaries of AED 50,000+ will be qualified to RAKBANK Elite and enjoy unmatched benefits.
  • Insurance offered by RAK Insurance

Apply Now

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