Personal Loan for AED 2500 salary in UAE
It is highly unlikely for banks in UAE to offer loans with salary less than AED 3000. Some of the options you can try are FAB Lifeline - Revolving Overdraft. But there are certain things obligations attached with it and your favorability of availing these loans depends on case to case. Such as for FAB, it is not a personal loan it is an overdraft facility provided on a minimum salary of AED 2000.
Documents required
This may vary from bank to bank or circumstances.
• Loan application form – completed and duly signed.
• Some identity documents like Passport, copy of the VISA, Emirates ID, etc.
• For Expatriates – Valid Passport with a valid UAE residence Visa.
• Salary certificate and/or salary transfer letter
• Statement(s) of your bank account(s)
• For self-employed individuals – Trade License
Eligibility
Like documents, this may vary too from bank to bank:
• You must be at least 21 years of age.
• You must be currently employed and working for around one-to-six months minimum (varies from bank to bank)
• Minimum salary must be AED 3000 or more. For FAB Revolving Overdraft AED 2000 is the minimum salary required.
• Usually, you are required to transfer your salary to the bank from which you are availing the Personal Loan.
• You must pay back the loan before you turn 65 years (for expatriates) and 60 years (for UAE Nationals).
Apply lone link:
https://www.bankfab.ae/en/loans/lifeline ********************************************************************************
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