Apply for Personal Loan

United Arab Emirates, Personal loans are a great way to bail oneself out of any sort of financial emergency and are preferred by many as a means of short term credit.

Due to lower interest rate than credit cards many clients use them in case of large expenditures such as paying tuition fee, wedding expenditures, purchasing a new house or car, etc.


They are usually of two types:

Salary transfer loan:

The applicant has to make arrangements to get salary account to the bank they want the loan from. This requires extensive documentation in the beginning as the applicant has to seek permission from his/her employer or company. But the terms are very convenient.

Non-salary transfer:

This does not require salary transfer.


Different banks have different criteria but generally to apply for personal loan the applicant has to provide the following documents:

  1. ID card
  2. Proof of citizenship
  3. Income details

Personal loans in UAE:

ADIB Personal Loan for UAE Nationals:

In order to be eligible for this banking option, you must at least have a monthly salary of AED 5,000. They give instant approvals and you can avail funds of up to one million dirhams. They have a repayment period of up to 48 months. This package comes with a free ADIB cashback VISA card and a no fee postponement option.

ADCB Personal Loan for UAE Nationals:

For acquiring this loan the client must have a minimum monthly salary of AED 5,000.  This package comes with low interest rates and a flexible repayment period. There is no hassle filled documentation involved.

The Dubai Islamic Bank Al Islamic Goods Finance for UAE Nationals:

This bank offers loans at an excellent profit rate of 8.82%. The minimum salary criterion to apply is AED 3000. There are no early settlement fees and a repayment period of two years.

Emirates NBD:

This bank offers cash loans at attractive interest rates, comfortable installments and a repayment period ranging from one to four years. You can borrow funds at an effective rate of 5.38% per annum.

Before you apply for personal loan, visit for complete financial guidance and information related to banks in UAE.