Personal Loans for Salaried UAE Nationals in Dubai from RAK BANK



Particulars

Amal Personal Loan for Expats

Amal Personal Finance for UAE Nationals

Personal Loan for Expats

Personal Loan for UAE Nationals

Profit Rate %

5.5

5.5

5.5

5.5

Tenor

48 Months

48 Months

48 Months

48 Months

Minimum Salary

5000

5000

5000

5000

Arrangement Fee

1% Min 500 Max 2500

1% Min 500

Max 2500

1% Min 500 Max 2500

1% Min 500

Max 2500

Early settlement

1% of Balance

1% of Balance

1% of Balance

1% of Balance

Insurance Fee

None

None

None

None

Salary Transfer

Yes

Yes

Yes

Yes

Personal Loans for Salaried UAE Nationals from RAK BANK in Dubai

2 types of personal loans are advanced by RAK BANK namely Personal loan and Amal Personal loan, the latter being regulated by Islamic principles. Both types of loan have the same features as follows:

Maximum loan amount possible is AED 500,000
No minimum balance in your salary account to be maintained
For Armed Forces Personnel, repayment period is 60 months
Top up loan facility after one year provided your repayments are regular
Free insurance cover for a value equal to the loan amount
Free for life RAK Bank Debit card and personalized check book
Low interest rates on free credit card that has no annual fees
Free Amal Debit card and personalized check book
Free Amal Credit card with cashback options
After 6 months of regular repayment, you can request for a one month deferred payment
You can have your loan with other banks transferred to RAKBANK
Simple documentation
Fast approval and sanction

RAK BANK UAE Nationals Personal Loan in Dubai

RAK BANK, also known as National Bank of Ras Al Khaimah has its headquarters at Ras Al Khaimah. The bank, one of the leaders in the UAE financial sector, provides corporate and retail banking products and services through a large network of branches across the Emirates. It offers a wide range of services to a large population. RAKBANK AMAL, the Islamic banking unit of RAKBANK, offers Shari’a-compliant products and services to the UAE Nationals. The bank has been the proud recipient of many a coveted award for the best banking activities.

Dubai – Investor Confidence

Excellent infrastructure combined with a broad international outlook and liberal economic policies of the government attract a large number of foreign investors. The location of this dynamic business hub between the Asian and European nations is also a major factor for the success of the financial sector in this beautiful country.
To avail of a personal loan in Dubai from RAK BANK, fill in the form on this page and a representative will soon contact you to offer assistance.