Personal Loans for Salaried Expats in Dubai from Mashreq Bank

Particulars Non-salaryTransfer Loan Personal Finance Personal Loan New to UAE or Employer Loan
Interest Rate 9.9% 4.23% 4.95% 5.22%
Tenor 48 Months 48 Months 48 Months 48 Months
Eligibility (Min Salary) AED 5,000 AED 5,000 AED 5,000 AED 7,000
Processing fee 1% 1% 1% 1%
Early settlement fee 1% 1% 1% 1%
Insurance fee 0 1.25% 1.25% 1.25%
Salary Transfer No Yes Yes Yes
Maximum Loan AED 150,000 AED 500,000 AED 500,000 AED 150,000

Personal Loans for Salaried Expats from Mashreq Bank in Dubai

All the above types of loans offered by Mashreq Bank are governed by the same rules except for a few. Interest rates are fixed according to your salary and tenure of your employment. No collateral security or guarantor required when you apply for the loan.
Personal Finance for expatriates is Shari’a compliant. For Personal Loan for expats, you can have a zero balance Current Account provided your salary is more than AED 25,000. For all the above loans, minimum processing fee is AED 500 and the maximum AED 2,500.
You need to be a confirmed employee of an organization to be eligible to apply for a personal loan in Dubai from Mashreq Bank.

Mashreq Bank Expats Personal Loan in Dubai

Established in 1967, Mashreq Bank is one of the leading financial institutions with a growing retail presence in the UAE. The bank has been providing a wide range of innovative financial products and services to millions of customers. Mashreq bank is one of the highest performing banks in the region.

Dubai – The Cosmopolitan Outlook

Expatriates constitute 80% of the population in Dubai and the influx is a mixture of various ethnicities, so Dubai is a city with a cosmopolitan lifestyle boasting multitudes of man-made creations such as the tallest Burj Khalifa and the largest Dubai Mall.
To avail of a personal loan in Dubai from Mashreq Bank, fill in the form on this page and a representative will soon contact you to offer assistance.