How to get a personal loan in UAE: Limits, rates and everything you...

How to get a personal loan in UAE: Limits, rates and everything you need to know

Posted

UAE Central Bank regulations govern personal loans, capping them at 20 times monthly income with a 48-month repayment period. Eligibility requires applicants to be 21-65 years old, residents or citizens, earning AED 3,000-7,000 minimum. Comparing bank offers, understanding terms, and responsible borrowing are crucial for expats and Emiratis to leverage loans effectively for various financial needs.

Read Full Article

Please log in to like, share and comment!