Key facts (summary)
- Loan amounts: AED 10,000 – AED 2,000,000
- Loan terms: 3 – 60 months
- Profit rate: From 2.99% per annum on a reducing balance basis. This represents the total annual cost of borrowing.
- Minimum income: AED 5,000 (approved companies) or AED 10,000 (unapproved companies).
- Fees note: Additional costs such as processing fees, early repayment penalties, or insurance may apply. Please refer to the official fee schedule.
معلومات أساسية (ملخص)
مبلغ القرض: 10,000 – 2,000,000 درهم إماراتي
مدة القرض: 3 – 60 شهراً
معدل الربح: يبدأ من 2.99% سنوياً (رصيد متناقص)، ويمثل التكلفة السنوية الكاملة للاقتراض.
الحد الأدنى للدخل: 5,000 درهم إماراتي للشركات المعتمدة أو 10,000 درهم إماراتي للشركات غير المعتمدة.
ملاحظة بشأن الرسوم: قد تُطبق رسوم إضافية، مثل رسوم المعالجة أو السداد المبكر أو التأمين. يُرجى مراجعة جدول الرسوم الرسمي.
Pros
- Quick approval: Get your application processed in just 5 minutes online.
- High borrowing limit: Access up to 20x your salary, capped at AED 2 million.
- Deferred first payment: Postpone your first EMI for up to 90 days.
- Hassle-free process: Apply online with minimal document requirements.
- Broad access: Open to staff from approved and non-approved employers.
Cons
- Upfront fees: A processing fee may be charged depending on the loan size.
- Mandatory salary transfer: You must route your salary through Mashreq to receive the loan.
Why choose the Mashreq Personal Loan for Existing Customers?
- Emirates NBD: Starts at 4.99%, up to AED 1M for 12–60 months. Mashreq’s lower start rate and higher limit offer more value.
- FAB: Begins at 5.99%, with limits up to AED 1.5M for 48 months. Mashreq offers longer repayment options.
- RAKBANK: Starts from 5.25%, max AED 1M for 12–60 months. Mashreq’s AED 2M cap doubles the potential.
- HSBC: From 6.5%, terms of 6–48 months. Mashreq offers both longer terms and better rates.
- Mashreq Al Islami: Sharia-compliant from 3.5%, but Mashreq’s conventional product provides wider access.
Sources: Official bank websites; verified on 8 August 2025.
How to apply for your Personal Loan for Existing Customers
Apply online via Mashreq’s official site, through the mobile app, or at a nearby branch. Have your Emirates ID and documents ready for faster approval.
Disclaimer
This content is intended for informational use only and is neither issued nor endorsed by Mashreq. All fees, rates, and terms are subject to updates and regulatory confirmation. Always refer to the bank’s official site and Key Facts Statement.
إخلاء مسؤولية
هذا المحتوى مخصص للأغراض الإعلامية فقط وليس صادراً أو معتمداً من Mashreq. جميع الشروط والأسعار والرسوم عرضة للتغيير والموافقة التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الأساسية للمعلومات المحدثة.