Personal Loans for Salaried UAE Nationals in Dubai 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 Dubai
Two types of loans are extended by Mashreq Bank to its customers namely Personal Finance and Personal Loan. Both are almost the same except that personal finance is based on the Islamic principles or Shari’a compliant. Interest/Profit rate is fixed depending on the salary and tenure of employment of the loan-seeker.
Personal loan customers can have a current account with zero balance and no collateral or guarantors are required. 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. Quick processing and competitive profit rates are the general features of the Mashreq Bank personal loans.
Mashreq bank UAE Nationals Personal Loan in Dubai
Mashreq bank has been serving millions of customers by providing them a variety of innovative banking and financial services since its inception in 1967 under the name “Bank of Oman” based in Dubai. It is one of the top leaders among the established financial institutions in the UAE today.
Dubai – The International Trade Hub
The Dubai government is constantly working to introduce regulations that help promote the small and medium enterprises sector. Its central strategic location between the Asian and the European countries has been instrumental in enhancing its international trade activities.
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.