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What is the procedure for applying for Personal Loans in Dubai for nationals and expatriates?What is the best bank in Dubai so far when it comes to Personal Loans?

2007-02-10 23:39:03 · 5 answers · asked by Maxood 3 in Travel Africa & Middle East United Arab Emirates

5 answers

The followings are the criteria for applying the personal loan from a UAE based bank.

- You have to complete minimum one year service with the present employer.
- An undertaking letter from the company addressed to the bank mentioning that the company will notify the bank, incase of resignation/termination and the end of service benefits / final settlement will be transferred to the bank.
- Minimum monthly salary should be an equivalent of AED 3000.00 (This amount will be varying from bank to bank).

I would suggest you to contact the bank(s) where the company is maintaining their account.

Good luck.

2007-02-11 02:25:49 · answer #1 · answered by Zain 7 · 2 1

1

2016-09-28 06:26:21 · answer #2 · answered by ? 3 · 0 0

Loan

2015-06-10 23:53:05 · answer #3 · answered by ling 1 · 1 0

Welll my friend, all what you have to do id be employed in a company for a year, all the banks here have the personal loans packages, once u got it youru phone will start ringing for credit cards application, you then will get more credit cards and you will be in deep ****
My advice, stay clean in the emirates without a credit card.
Spend what you have and not a penny more
Banks like HSBC, ME Bank< Standard Chartered, RAK Bank and others

2007-02-11 02:34:08 · answer #4 · answered by Anonymous · 1 0

Do you need a loan or funding for any reason such as

a) Personal Loan, Business Expansion,
b) Business Start-up, Education,
c) Debt Consolidation
d) Hard Money Loans
loan for any thing ?

They offer loan at low interest rate of 2% and with no credit check, we
offer Personal loans, debt consolidation loans, venture capital, business
loans, education loans, home loans or "loans for any reason!”. However, Our
method, offers you the chance to state the amount of loan needed and also
the duration you can afford. This gives you a real chance to get the funds
you need! if interested contact via email:financeericson@gmail.com or finance.ericson@hotmail.com

2014-12-08 22:24:03 · answer #5 · answered by Anonymous · 0 0

depends on which bank you having account right now.
they will take a look to you statement for at least 3 last months.
if your company is registered in Emirates bank and you having account there it will be the best choice.
but there is some other good banks also like: city bank, standards chartd, rak bank...
good luck

2007-02-10 23:46:41 · answer #6 · answered by supremeiran 2 · 0 0

you should get the info from a bank information as far as i know that ME Emirates bank are the best at service and rate


UAE Community

http://www.uaeforums.org



.

2007-02-11 15:09:19 · answer #7 · answered by The Invisibleman 3 · 0 0

other banks are good but one thing i'll advice to you. STAY AWAY FROM RAK BANK. they're evil.

2007-02-11 02:39:05 · answer #8 · answered by guitarcHiq88 1 · 0 0

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