• United Arab Bank Personal Loan

    United Arab Bank Personal Loan

    Personal Loan for UAE Nationals

    United Arab bank was founded in the year 1975 and was joint venture between the French International Societe Generale and few UAE investors. The venture was a great leap in the banking sector and was sure to hold a promising future.

    UAB offers a variety of financial products and services to its customers. These include corporate banking, trading finance, retail banking, and treasury services and so on. Personal loans are a great financial product in the personal banking umbrella of United Arab Bank. These loans are easy to avail and convenient to pay off.


    You’re probably eligible for United Arab Bank if you are

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    United Arab Bank Minimum Age

    At least 21 years old

    United Arab Bank Maximum Age

    Less than 65 Years old

    United Arab Bank Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    United Arab Bank Minimum Income

    Earn more than the minimum income required


    Your United Arab Bank amount eligibility is based on these factors

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    United Arab Bank Minimum Salary

    No Info

    United Arab Bank Maximum Loan Funded

    Maximum allowed personal loan is AED 2.5 million

    United Arab Bank EMI

    EMIs of other loans lower your eligibility


    Increase your eligible United Arab Bank amount by these steps

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    United Arab Bank Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    United Arab Bank Tenure

    Choose longer tenure loan up to 4 Years


    United Arab Bank Personal Loan Interest RatesUpdated on 06 Dec 2016

    United Arab Bank Personal Loan Details
    Interest Rate (Monthly reducing balance) 5.49%
    Processing Fees No info
    Loan Tenure 4 Years

    Types of personal loans offered by United Arab Bank

    United Arab Bank offers personal loans to customers with varied financial needs. These loans are offered under two broad categories. First is aimed at providing financial assistance to UAE nationals and the other is for providing financial support to expats who are settled in the UAE.

    • United Arab Bank Personal Loan for UAE Nationals
    • Personal loan for UAE nationals offers generous loan amounts and flexible repayment plans to UAE nationals. This loan aims to take care of all your personal finance needs like house renovation or an exotic vacation or even your child’s education.

    • United Arab Bank Personal Loan for Expats
    • The United Arab Bank personal loan for expats seeks to offer financial assistance to customers who want urgent cash for various personal reasons. This loan is easy to avail and pay off and hence is a popular loan product in the UAE.

    Why choose personal loan from United Arab Bank?

    United Arab Bank is one of the most-trusted banking entity in the United Arab Emirates. The bank continuously strives to provide innovative and customized financial solutions to its customers. With personal loans from United Arab Bank, you are sure to experience the ease of loan application and repayment.

    UAB has roots in a variety of banking verticals like retail banking, corporate banking, Islamic banking and SME banking.

    About United Arab Bank

    The United Arab Bank is headquartered in Sharjah and has strategic alliance with the Commercial bank of Qatar. While the commercial bank has in turn made an alliance with the National Bank of Oman, it has also taken a 40% stake in United Arab bank. UAB offers customized banking solutions to both individual and corporate clients and is a major player in the retail and business sector across the seven emirates of UAE.

    United Arab Bank Personal Loan for UAE Nationals

    United Arab Banks is one of the most trusted banks in the United Arab Emirates. The bank offers a variety of financial products and services to its customers. Under its personal banking vertical, the bank offers personal loans that are targeted at financial requirements of both UAE nationals as well as expats.

    United Arab Bank offers two types of personal loans to customers. First is personal loan which is tailored to suit the financial needs of people who are nationals of UAE. The second is personal loan which is targeted towards expats who have come to the UAE from abroad and are now settled in the country.

    Significant features and benefits of United Arab Bank Personal Loan for UAE Nationals

    United Arab Bank personal loan for UAE nationals is available only for people who are natives of UAE. Customers who are natives of UAE can avail this loan to fulfill any of their personal financial needs. These requirements could be anything from buying a new car or going for an exotic vacation. To avail this loan the applicant needs to transfer his/her salary to the bank account.

    Significant Features of United Arab Bank Personal Loan for UAE Nationals

    • Loan amounts up to 20 times your salary
    • No guarantor is required to sign the loan application
    • A free credit life insurance is available which is provided in case of sudden death or permanent disability of the applicant
    • No collaterals are required to be submitted to the bank
    • Easy and simple loan processing and documentation
    • Attractive interest rates starting from 5.49%
    • Free credit card is offered for the first year
    • Buy out for other bank loans is available
    • Postponing the loan is possible subject to bank terms and conditions
    • Top-up facility is available to avail additional funds
    • Repayment tenure for loans is a maximum of 48 months

    Benefits of United Arab Bank Personal Loan for UAE Nationals

    • Loan amounts up to 20 times your salary; up to AED 2.5 million
    • A flexible and convenient repayment period of up to 48 months
    • Rates of interest are as low as 5.49% per annum
    • Free credit card is offered with this personal loan for the first year of loan

    Eligibility Criteria

    • You need to be a UAE national to apply for this personal loan
    • Valid UAE id is needed to apply for this personal loan

    United Arab Bank Personal Loan for Expats

    The personal loan for Expats, as the name itself suggests is a loan option directed towards customers who are not natives of UAE and need cash for any of their need without having to declare the end use of the loan amount.

    Personal loan for expats can be put to a variety of end-use like house renovation, a long pending vacation or even education fees of your child. Personal loans from UAB are easy to avail and they offer a lot of flexibility to customers in terms of repayment, loan tenure and additional funds.

    Significant features and benefits of United Arab Bank Personal Loan for Expats

    Personal loan for expats from United Arab Bank is an amazing loan product that helps to meet the financial needs of expats in the UAE. The main aim of the bank is to help expats borrow wisely and to minimise the hassle of loan repayment. UAB offers easy and simple banking services so as to benefit customers as much as possible.

    Significant Features of United Arab Bank Personal Loan for Expats

    • No guarantor is required to sign the loan application
    • No collaterals are required to be submitted to the bank
    • Easy and simple loan processing and documentation
    • Buy out for other bank loans available
    • Postponing the loan is possible subject to bank’s terms and conditions
    • Top-up facility is available for borrowers who want additional funds
    • Repayment tenure of maximum 48 months
    • Overdraft facility is available and is subject to certain charges
    • A free credit life insurance is available which is provided in case of sudden death or permanent disability of the applicant
    • UAB deducts your loan installment from your salary that gets transferred to UAB account
    • This loan is offered to new arrivals as well as new employees in UAE

    Benefits of United Arab Bank Personal Loan for Expats

    • Attractive interest rates are offered on this loan; rates starting from 5.49%
    • Loan amounts of up to AED 2 million can be availed
    • Free credit card for the first year of loan
    • Revolving overdraft facility is available with this personal loan
    • A flexible repayment period of up to 48 months is applicable

    Eligibility Criteria

    • Salary transfer is mandatory to avail this loan
    • The age of the applicant should be between 21-60 years for expats and for UAE nationals the age eligibility is between 21-65
    • A valid UAE id is required

    Other Products from United Arab Bank

    United Arab Bank Personal Loan FAQs

    1. Is there a minimum age requirement one should satisfy in order to apply for this loan?
    2. Yes, an applicant should be at least 21 years old in order to be eligible for this loan.

    3. Can expats avail a personal loan from United Arab Bank?
    4. Yes, United Arab Bank offers personal loans to expats and local citizens alike.

    5. Does United Arab Bank offer different types of personal loans?
    6. Yes, personal loans offered by United Arab Bank are divided into two categories, one for UAE nationals and another for Expats.

    7. For what purpose can this loan be used?
    8. This loan can be used to meet any personal financial requirement, with no restriction on its use as long as it is legal.

    9. What is the quantum of loan one can avail under the personal loan scheme offered by United Arab Bank?
    10. The quantum of loan depends on the citizenship of an applicant, with UAE nationals eligible for loans up to AED 2.5 million and expats eligible for loans up to AED 2 million.

    11. What is the repayment tenure for this personal loan?
    12. Personal loans availed from United Arab Bank can be repaid through flexible EMIs, with a maximum tenure of 4 years.

    13. What is the interest/profit rate on this loan?
    14. The interest/profit rate on this loan starts at 5.49% per annum.

    15. Is a guarantor required while applying for this loan?
    16. No, there is no need for a guarantor in order to avail this loan.

    17. Does the bank offer any additional products with this personal loan?
    18. Yes, borrowers will be given a free credit card and credit life insurance policy when they take this loan.

    19. Is there a provision to top-up an existing personal loan?
    20. Yes, borrowers can choose to top-up their existing personal loan.

    21. Can a borrower postpone his/her personal loan?
    22. Yes, a personal loan payment can be postponed, subject to the conditions of the bank.

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