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SIMULATE YOUR LOAN EMI

Loan Amount (AED)

Term (Months)

Personal Loans

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SALARY TRANSFER

No

FIXED RATE

7.71%

MONTHLY SALARY

AED 8,000

REDUCING RATE

14.00%

TOP REASONS TO CHOOSE

  • No Salary transfer required
  • Minimum Documentation
  • Get an in-principle decision in 10 minutes

Salary Transfer Required?

No

Minimum Monthly Salary

AED 8,000

Fixed Rate

7.71%

Reducing Rate

14.00%

Max Loan Amount

175,000

Joining offers

Key Features

  • Avail a high personal loan amount upto AED 175,000 or upto 8x Salary (No Salary transfer to Citi is required)
  • Get an in-principle approval in 10 minutes 

Whether you are taking baby steps into parenthood, renovating a home, planning a family reunion or a wedding, whatever the needs, make it happen with a Citi Personal Loan without the hassels of transferring your salary to Citi. 

Unlike most other loans, personal loans are easier t avail, as they require minimum documentation. They are processed quickly  and are usually disbursed within a week. A convenient and flexible repayment period of 6 to 48 months for a personal loans without a salary transfer.

Product Overview

Things To Be Aware Of

SALARY TRANSFER

Yes

FIXED RATE

3.83%

MONTHLY SALARY

AED 8,000

REDUCING RATE

6.99%

TOP REASONS TO CHOOSE

  • High loan amounts upto AED 500,000
  • Get an in-principle approval in 10 minutes
  • Topup your loan whenever you want

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 8,000

Fixed Rate

3.83%

Reducing Rate

6.99%

Max Loan Amount

500,000

Joining offers

Key Features

  • 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.

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.  

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

Things To Be Aware Of

SALARY TRANSFER

No

FIXED RATE

5.43%

MONTHLY SALARY

AED 15,000

REDUCING RATE

9.99%

TOP REASONS TO CHOOSE

  • Loans upto AED 1 million
  • Lowest-in-class rates starting from 9.99%* fixed per year
  • Employer need not be on the FAB approved list of companies
  • Pay from current salary transfer account
  • Comprehensive life insurance coverage

Salary Transfer Required?

No

Minimum Monthly Salary

AED 15,000

Fixed Rate

5.43%

Reducing Rate

9.99%

Max Loan Amount

1,000,000

Joining offers

Key Features

  • Loans up to AED one million
  • Flexible payment terms of up to 48 months (or up to 60 months for Ministry of Defence employees)
  • Lowest-in-class rates starting from 9.99%* fixed per year
  • A salary transfer to a FAB account is not required
  • Pay your instalments from the bank account into which you receive your salary each month
  • A personal loan is available even if your employer is not on FAB’s Approved List of Employers
  • Comprehensive life insurance coverage

Product Overview

Things To Be Aware Of

SALARY TRANSFER

Yes

FIXED RATE

8.64 %

MONTHLY SALARY

AED 10,000

REDUCING RATE

15.99 %

TOP REASONS TO CHOOSE

  • 100% digital application on the CBD mobile app.
  • Paperless loan processing using only your Emirates ID
  • No salary transfer required
  • Amount credited instantly

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 10,000

Fixed Rate

8.64 %

Reducing Rate

15.99 %

Max Loan Amount

150,000

Joining offers

Key Features

  • High loan amounts for UAE nationals and residents
  • Competitive reducing interest rates starting from 15.99 to 18.99% reducing per annum
  • Flexible repayment period up to 48 months
  • Current account with minimum balance requirement waived
  • Interest rates are subject to individual profile and CBD credit analysis

Product Overview

Things To Be Aware Of

  • Employer should be listed with CBD

SALARY TRANSFER

Yes

FIXED RATE

3.30 %

MONTHLY SALARY

AED 5,000

REDUCING RATE

5.99 %

TOP REASONS TO CHOOSE

  • Loan amounts up to 90% of End-of-Service Benefit amount

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 5,000

Fixed Rate

3.30 %

Reducing Rate

5.99 %

Max Loan Amount

0

Joining offers

Key Features

  • Loan amounts up to 90% of End-of-Service Benefit amount
  • Attractive reducing interest rates
  • Fast processing of loan application
  • 7-day Loan Return Option
  • Double Insurance Coverage

Product Overview

Things To Be Aware Of

  • Minimum loan amount that can be taken is AED 10,000

SALARY TRANSFER

Yes

FIXED RATE

3.57%

MONTHLY SALARY

AED 7,000

REDUCING RATE

6.70%

TOP REASONS TO CHOOSE

  • High finance amounts - up to AED 5 million
  • Attractive profit rates - 3.57% p.a.
  • Flexible payment period up to 48 months
  • 90 day grace period for first payment

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 7,000

Fixed Rate

3.57%

Reducing Rate

6.70%

Max Loan Amount

5,000,000

Joining offers

Key Features

  • Generous loan amounts - up to AED 5 million for UAE nationals and AED 2 million for expats
  • 90 day grace period until your first payment
  • Comprehensive personal life Takaful coverage
  • Flexible repayment terms of up to 48 months to repay through your FAB account
  • Attractive Profit rates 3.57% p.a.

Product Overview

Things To Be Aware Of

SALARY TRANSFER

Yes

FIXED RATE

2.20%

MONTHLY SALARY

AED 5,000

REDUCING RATE

3.99%

TOP REASONS TO CHOOSE

  • For Salaried & Self Employed
  • Loan in AED against INR/AED Fixed Deposit

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 5,000

Fixed Rate

2.20%

Reducing Rate

3.99%

Max Loan Amount

0

Joining offers

Key Features

  • Loan amount up to 90% of Fixed Deposit amount in AED and up to 80% for INR Fixed Deposit
  • Loan in AED against INR Fixed Deposit Personal Loans rate starting at 3.99%
  • Maximum tenor up to 48 months
  • Salaried and Self-Employed customers can avail this facility
  • 7-day Loan Return Option Double Insurance Coverage

Product Overview

Things To Be Aware Of

  • Customer to fund the 20% of the Fixed Deposit amount

SALARY TRANSFER

Yes

FIXED RATE

2.63%

MONTHLY SALARY

AED 10,000

REDUCING RATE

5.99%

TOP REASONS TO CHOOSE

  • Attractive Interest Rates
  • No minimum Length of service

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 10,000

Fixed Rate

2.63%

Reducing Rate

5.99%

Max Loan Amount

4,000,000

Joining offers

Key Features

  • Rates starting 5.24% or 2.63% flat
  • No minimum length of service required
  • High loan amounts up to AED 400,000
  • Option of current or savings account with no minimum balance requirement
  • Free International ATM/Debit Card

Product Overview

Things To Be Aware Of

  • 36 Months tenure

SALARY TRANSFER

No

FIXED RATE

8.39%

MONTHLY SALARY

AED 15,000

REDUCING RATE

14.99%

TOP REASONS TO CHOOSE

  • Attractive loan amounts up to AED 600,000
  • Interest rates starts from 14.99% variable per year
  • Minimum documentation
  • Employer need not be on the FAB approved list
  • Comprehensive Life Insurance coverage

Salary Transfer Required?

No

Minimum Monthly Salary

AED 15,000

Fixed Rate

8.39%

Reducing Rate

14.99%

Max Loan Amount

600,000

Joining offers

Key Features

  • Get high loan amounts of up to AED 600,000 with flexible payment terms of up to 48 months
  • Enjoy best-in-class rates starting from 14.99%* fixed per year
  • A salary transfer to a FAB account is not required, and you can pay your instalments from the bank account into which you receive your salary each month
  • A personal loan is available even if your employer is not on FAB’s Approved List of Employers
  • Benefit from comprehensive life insurance coverage
  • Flexible repayment terms
  • Minimum documentation
  • Fast-track approvals

 

*All interest rates quoted are effective rates on the loan’s outstanding balance.

Product Overview

Things To Be Aware Of

SALARY TRANSFER

Yes

FIXED RATE

8.39%

MONTHLY SALARY

AED 15,000

REDUCING RATE

14.99%

TOP REASONS TO CHOOSE

  • Loans up to AED 1million
  • Interest rates starts from 8.39% per year for UAE Nationals
  • Interest rates starts from 5.43% per year for UAE Nationals

Salary Transfer Required?

Yes

Minimum Monthly Salary

AED 15,000

Fixed Rate

8.39%

Reducing Rate

14.99%

Max Loan Amount

1

Joining offers

Key Features

Product Overview

Things To Be Aware Of