Below is a comparison of the rates of interest* offered by some banks in UAE
Bank | Name of Personal Loan | Interest Rates | Tenure | Maximum Loan Amount |
---|---|---|---|---|
ADIB | ADIB Personal Loan Non Salary Transfer | 16% to 18% | Up to 4 years | Over AED 200,000 |
ADIB Debt settlement | 6.75% to 9.99% | Up to 4 years | Over AED 200,000 | |
ADIB Salary transfer | 7.25% to 18% | Up to 4 years | Over AED 200,000 | |
ADCB | ADCB Personal Loan for UAE Expats | 4.99% to 13.99% | Up to 4 years | AED 3 million |
ADCB Personal Loan for UAE Nationals | 4.99% to 13.99% | Up to 4 years | AED 3 million | |
Emirates NBD | Emirates NBD Personal loans for self-employed individuals | 2.63% to 4.99% | Up to 4 years | Up to AED 500,000 |
Emirates NBD Personal loans for self-employed professionals | 2.63% to 4.99% | Up to 4 years | Up to AED 500,000 | |
FGB | FGB Personal Installment Loan | 24% | Not mentioned | Up to AED 200,000 |
FGB Salary Transfer loan | 24% | Not mentioned | Up to AED 200,000 | |
Citi Bank | Citibank Salary Transfer Personal Loan | 4.99% to 14.99% | 6 months to 48 months | Up to AED 250,000 |
NBAD | NBAD Personal Loan | Starting at 4.74% | Upto UAE Armed Forces Personnel: 60 months UAE nationals and Expats: 48 months | UAE Nationals: AED 5 million Expats: AED 2.5 million |
Mashreq Bank | Mashreq Bank Personal Loan | 6.25% | Up to 48 months | Up to AED 1 million |
NBF | NBF Personal Loan | Starting from 6.25% | Up to 48 months | Upto 20 times the applicant’s salary |
Commercial Bank | CBD Personal Loan | 4.50% | Up to 48 months | UAE Nationals: Upto AED 2.5 million Expats: Upto AED 1.5 million |
Noor Bank | Noor Bank Personal Loan | Reducing rate: 4.56% Flat rate: 2.75% | Up to 48 months | Up to AED 1 million |
CBI | CBI UAE Personal Loan | 5.25% | Up to 48 months | Upto AED 500,000 |
Finance House | Finance House Personal Loan | 16 to 24% | Up to 48 months | Upto AED 250,000 |
United Arab Bank | United Arab Bank Personal Loan | Starting at 5.49% | Upto 4 years | Up to AED 2.5 million |
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