Personal Loan up to 20 times of your Salary1 Day Personal Loan Approval
Personal Loan up to 20 times of your Salary1 Day Personal Loan Approval
No Salary Transfer Required
Personal Loan amount up to AED 175,000
Lowest Interest Rates across UAE
Personal Loan in UAE without Salary Transfer
Applying for a personal loan in UAE without salary transfer is no longer difficult. There are several Banks and Financial Institutions in UAE market now, who are providing loan without the requirement of transferring salary to the lending bank.
Personal Loan in UAE without salary transfer is available for both expats and UAE nationals. Get high loan amount at competitive interest rates in UAE market. To name a few, who are providing personal loan in UAE without Salary Transfer are Citi Bank, Deem Finance, Finance House, Emirates NBD, Mashreq Bank. Not in UAE? Apply for Bahrain here.
Top Banks providing Personal Loan in UAE without Salary TransferBelow are top 5 Banks providing Personal Loan in UAE without salary transfer.
Citi Personal Installment Loan
- Minimum Salary AED 8000
- Minimum Age – 21 years
- Maximum Age – 65 years (UAE National), 60 years (Expatriate)
- Minimum 6 months of service OR ‘Confirmed’ with the current employer
- Salary Transfer Not Required
- Interest rate starting 14% reducing.
- Processing Fee : 1%
- Early Settlement Fee : 1%
- KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
- Valid Salary Certificate or Payslip
- 3 to 6 month Salary account statement showing regular salary credits.
Deem Finance Personal Loan
- Minimum Salary AED 5000
- Minimum Age – 21 years
- Minimum 6 months of service OR ‘Confirmed’ with the current employer
- Salary Transfer Not Required. One of best Personal loan in UAE without salary transfer
- Interest rate starting 15.99% reducing.
- Processing Fee : 1%
- Early Settlement Fee : 1%
- KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
- Valid Salary Certificate or Payslip
- 3 to 6 month Salary account statement showing regular salary credits.
Emirates NBD Personal Loan
- Minimum Salary AED 10,000
- Minimum Age – 21 years
- Minimum length of service at current employer should be 6 months
- Salary Transfer Not Required
- Employer must be on Emirates NBD’s Approved List of Employers
- Interest rate starting 14.99% reducing.
- Processing Fee : 1%
- Early Settlement Fee : 1%
- Repayment period of up to 48 months
- Loan amounts up to AED 500,000 for both UAE Nationals and Expatriates
- KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
- Valid Salary Certificate or Payslip
- 3 to 6 month Salary account statement showing regular salary credits.
Finance House Personal Loan
- Minimum Salary AED 5,000
- Minimum Age – 21 years
- Minimum length of service at current employer should be 6 months
- Salary Transfer Not Required
- Interest rate starting 16% reducing.
- Processing Fee : 1%
- Early Settlement Fee : 1%
- Repayment period of up to 48 months
- Loan amounts up to AED 250,000 for both UAE Nationals and Expatriates
- KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
- Valid Salary Certificate or Payslip
- 3 to 6 month Salary account statement showing regular salary credits.
Mashreq Bank Personal Loan without Salary Transfer
- Minimum monthly salary of AED 7,000
- Minimum of 1 Year of employment with the current company
- The loan installment along with the overall regular monthly installments should not exceed 50% of the monthly salary
- Interest rate starting 23.99% reducing.
- Processing Fee : 1%
- Early Settlement Fee : 1%
- Repayment period of up to 48 months
- Loan Amounts of up to AED 150,000
- KYC documents like Passport Copy, Visa Copy and Emirates ID Copy.
- Valid Salary Certificate or Payslip
- 3 to 6 month Salary account statement showing regular salary credits.
- Security Cheque covering 120% of the loan amount