UAB Personal Loans for UAE Nationals | MoneyCamel

UAB Personal Loans for UAE Nationals

United Arab Bank

UAB Personal Loans for UAE Nationals

Salary Transfer Loan
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  • Free Credit Card for the first year.
  • Maximum loan is up to 20 times your monthly salary.
FEATURES
Interest/Profit Rate 
5.49 % p.a.
Maximum Loan Amount 
AED 2,000,000
Maximum Loan Tenure 
48 Months
Minimum Monthly Income/Salary 
AED 6,000
Profession 
Salaried
Salary Transfer Mandatory 
Yes
Minimum Tenure in Employment 
3 Months
FEES & CHARGES
Late Payment Fees 
AED 100
Early Repayment Fee 
1 % of Loan Outstanding
Rescheduling Fee 
AED 100
Life Insurance Fee 
1 % of Loan Outstanding
Installment Deferment Fee 
AED 100
Loan Cancellation Fee 
AED 100
Liability/No Liability Charges 
AED 100
Processing Fee 
AED 500
ADDITIONAL INFORMATION

Rates start at 5.49% p.a. (reducing)

Only employees working with Company that is listed with UAB are eligible. Customer needs to be a confirmed employee.

Postponement and Top up Facilities available. Buy out facility available from other banks

Free Credit Card for the first year.

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