• Avail a high personal loan amount upto AED 500,000 (or upto 20 multiples of your salary)
• Loan amounts of up to 20 times of your salary
• Topup your loan whenever you want
• Get an in-principle decision in 10 minutes

For the long awaited dreams or unexpected expenses, make it happen with Citi Personal Loan. With competetive rates, high loan amounts and flexible repayment periods between 6 to 48 months.

Citi Personal Loan does not requrie any assets to be pledged as a collateral and are processed with minimum documentation.

Personal Loans in UAE are offered to customers for a variety of reasons including education, travel, medical and many more.  There are two types of personal loans, one which requires a salary transfer and one which doesn’t.

Loans are offered for a minimum period of 6 to a maximum of 48 months expats and 60 months for UAE Nationals.

Most of the banks assign Loan APR (Annual Percentage Rate) based on the profile of the customer and his/her employer. A few banks use bureau score to assign interest rates.  

Citi Personal loan Annual Percenage Rate range between from 6.99% - 8.99%.

Illustration: 

If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the equal monthly installments would be AED 479 at an effective interest rate of 6.99% per annum.           

Total repayment that would have been paid at the completion of the loan would be AED22,987. The borrower would be paying AED 2,987 as interest.  

Please use Soulwallet’s Loans equal monthly installment calculator for further simulations.

Arrangement Fee: 1% of Loan amount with min. AED 500 and up to a max. of AED 2,500

• Quick approvals and processing
• High Loan amounts
• UAE Nationals may be eligible for a maximum loan amount of AED 1,000,000
• For Expats, the eligibility is a maximum of AED 750,000
• No credit life insurance required
• Renewal options for 12 month loans

• High Personal Loan amounts at low interest rates
• Quick approvals
• Competitive interest rates
• Flexible repayment periods of up to 48 months for expatriates and UAE nationals (60 months for Armed Forces Staff)

Product Overview

Personal Loans in UAE are offered to customers for a variety of reasons including education, travel, medical and many more.  There are two types of personal loans, one which requires a salary transfer and one which doesn’t.

Loans are offered for a minimum period of 6 to a maximum of 48 months expats and 60 months for UAE Nationals.

Most of the banks assign Loan APR (Annual Percentage Rate) based on the profile of the customer and his/her employer. A few banks use bureau score to assign interest rates.  

UAE loan APR rates range between from 5% to 35% in general.

Illustration: 

If a customer borrows a loan of AED 20,000 and earns an income of AED 10,000. With a repayment period of 48 months, the EMI would be AED 470 at an effective interest rate of 13.99% per annum.           

Total repayment that would have been paid at the completion of the loan would be AED22,540, The borrower would be paying AED 2,540 as interest.  

Please use Soulwallet’s Loans EMI Calculator for further simulations.

Arrangement Fee: 1% of the finance amount