Hi, Any DIB specialist as my company is listed with the bank and i want to know the interest range that i ll get for this salary. Decent AECB score n less liabilities.
Looking for some advice on getting a better personal loan rate in the UAE.
My profile:
Salary account with ENBD
AED 10,000 salary credited regularly
Employer is listed
No outstanding loans or credit card balances
5 credit cards with a total credit limit of AED 99,000 (only 1 is actively used; the other 4 are kept aside)
I’m looking to take a AED 150,000 personal loan and would like to secure the lowest possible interest rate.
Has anyone with a similar profile recently obtained a better rate from ENBD or another UAE bank? Any advice or recent experiences would be appreciated.
I'm trying to understand if I have a realistic chance of getting an AED 80k personal loan from ADCB.
My salary is AED 5,500 and my salary account is with ADCB. I have a credit card with an outstanding balance of around AED 7.7k, but I've never missed a payment. My AECB credit score is around 770.
The loan would mainly be for home renovations in India and to repay some personal debt.
Has anyone with a similar salary been approved for a loan around this amount?
UPDATE: Received call from the bank. Can't proceed with the application as my company is not listed. So no further options as of now. Thanks for all the input guys!
I am trying to decide between LIC Flexi Wealth Builder (Plan No. 281) and the Zurich Regular Savings Plan for 6-10 years investing.
I am based in the UAE, and looking to invest regularly. My main concerns are returns, fees/charges, flexibility and what happens if I need to stop contributions early
Has anyone compared these two products or invested in either of them? Which would you choose and why? Are there any hidden costs or drawbacks that I should be aware of before committing?
Any real-world experiences or advice would be appreciated.
Hey all,
I want to buy a small studio. Do I get a personal loan? Or it’s better to mortgage it?
Cheers
Hello,
I am looking to get a personal loan, which bank offers the lowest interest and flexibility in payments? Salary is 20k AED and my company is FZ LLC and not listed. No prior loans.
My past company salary is very low like 3000aed. I changed my company 20days before here my salary is 5000aed. And I received half half salary for past month. Here when applying loan or cc in any banks they asking 3 or 6month payslip statement for proceed loans. I have salary certificate and payslip for 15days salary. How can I apply loan with this criteria
What project or small business can be done with this amount 55,000-60,000AED?
Where can I buy shares after opening a free account? ADCB and other banks require you to open a finance account which has some payments attached to it
Is there any other way?
Hi folks
I am in genuine doubt for my friend whose profile as below,
Card 1: Loan on card outstanding 19.8k and usage 4.5k
Card 2: outstanding 16.5k
Salary: 6500
Person looking for solutions to consolidate and get one personal loan for 90k and invest partly back home while consolidating here into one single payment.
Is the personal loan eligible for this profile, dbr is already 52% and credit score is 540 ish.
Any advise.
I already have a loan from DIB and I would like to top up the amount is it possible? What are the possibilities of getting some more personal financial amount.
Hello,
Looking for a personal loan, I currently have an offer from HSBC. But I would like to explore other options.
No previous loans or debts.
Saw someone ask about this recently and realised nobody actually talks about it properly so here goes.
If you lose your job here your visa situation gives you roughly 30 days. Your mortgage does not get that memo.
Bank still wants its money. Every month. Regardless.
Here is what most people dont realise actually happens:
Miss one payment and your AECB score drops immediately. Bank starts calling. Late fees kick in. Feels manageable but the clock has started.
Miss a second one and some banks already begin formal proceedings. Not a threat, its in your contract.
Third one onwards it can go to court. And here is the scary part, even if you have left the country by then that judgment doesnt disappear. It follows you if you ever come back or try to get credit anywhere in the GCC.
Now the part nobody tells you.
A lot of mortgage contracts have a hardship clause. If you go to the bank BEFORE missing a payment and explain your situation honestly some banks will give you a 1 to 3 month payment holiday while you find your feet.
The word before is doing a lot of work in that sentence. Once you miss a payment the bank is in recovery mode and that conversation becomes ten times harder.
Not trying to scare anyone. Just something worth knowing before you ever need it. Most people find out too late.
Hello guys. First time posting here. I would like to apply for a loan or if not a cc. My salary is 17.5k AED, Going 9 months now in the company and we are under freezone DMCC.
The reason I am asking for someone who has deep connections to the bank is that I have tried applying a lot of times and always get denied because of a 'write off'-- something that banks never explained to me before.
To understand my situation better, I will write a short timeline of what happened.
2022 - I got a loan and CC, I was still paying and employed that time.
2023 of May - I lost my job and it has been rough but i still tried paying til I couldn't and had to focus on my survival first.
2024 of September - I finally got a job, bank contacted me again and offered me discounted payments for the settlement etc. I asked them if they could wait so that i can pay them one time, they said yes.
2025 of July end or Early August - I was able to pay them one time discounted payment but before this happened I asked them multiple times if it's gonna show 'CLEARED' on my credit report and they said YES and that I will also be able to receive and clearance letter-- which I did.
2026 last month - First time somebody completely explained to me about this write off on my credit report and the sole reason why I am prevented to get any CC and loans.
I know what happened was inevitable but one thing I never did was to run away. I could have gone to my country but I never did coz I want to properly fix what happened.
If anybody can help please reach out. Thank you!
Hello. I have a Mashreq Neo Plus account which gives me an outstanding 6.25% interest on my savings account.
I’m planning to leave UAE in the next 6 months. I would like to ask if anybody knows any Bank or account that maintains a very high interest so that I can keep my money in and continue getting a small passive income.
I’m not interested in getting advices about forms of investments that are not guaranteed because I need the cash amount for studies. As the instalments will be partial in the next 2 years, I would love it if I could have a fixed passive income on my remaining cash until it all goes away.
I’m from Greece which is an EU country and I’m planing to study in Greece in 2027 if it helps. Thank you.
Urgently loan needed for survival. My monthly salary in this new job is low. But I need the fund amount of around 40k-50k. Can anyone recommend me any institution in Uae that I would get the funds from?
My friend needs a credit card or personal loan on urgent basis. His salary is AED 5000 coming in Mashreq bank every month. Credit score is 724. He already has a credit card from DIB with 5000 limit only and he got this credit card 3 months ago. Please inbox if you can help him in getting a credit card or personal loan.
Hi All
Please help me out
I Have a to pay 136k cc payments that maxed out cards and my employer is not listed having a auto loan as well of 1091aed/mnth and 8.4k salary with 631CS
I NEED A PERSONAL LOAN
CAN ANYONE HELP?
I'm 32 year and thinking of investing in some ETFs. Which one will be better... Approximate investment 1000 AED per month.
Hey guys, apart from Mashreq which other banks offer a high rate on savings?