Personal Loans for Salaried UAE Nationals in Abu Dhabi from Mashreq Bank



Particulars

Personal Finance

Personal Loan

Interest Rate

4.35%

4.95%

Tenor

48 Months

48 Months

Eligibility

AED 5,000

AED 5,000

Processing fee

1%

1%

Early settlement fee

 

1%

Insurance fee

1.25%

1.25%

Salary Transfer

Yes

Yes

Maximum Loan

AED 2,500,000

AED 2,500,000

Personal Loans for Salaried UAE Nationals from Mashreq Bank in Abu Dhabi 

Mashreq bank offers two types of loans to its customers namely Personal Finance and Personal Loan. Of the two, personal finance is based upon the Islamic principles of banking or Shari’a- compliant. Profit/Interest rate is assigned depending on the salary and duration of employment of the loan applicant.
If you are a personal loan customer, you can have a current account with zero balance and no collateral or guarantors are required for the loan. Free check book and debit card, credit card, revolving overdraft and top-up loan facility are the special benefits you get for availing of a personal loan from Mashreq Bank.
For all the above loans, minimum processing fee is AED 500 and the maximum AED 2,500. Low profit/interest rates and quick processing are the positive aspects of being a Mashreq bank borrower.

Abu Dhabi – Ferrari World 

Through the effective deliverance of a large variety of unique banking and financial products and services, Mashreq bank has been successful in serving millions of customers ever since its launch in Abu Dhabi as “Bank of Oman” in 1967. The bank is considered to be one of the leading financial institutions in the country