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. The profit rate represents the total yearly cost of credit.
- Minimum income: AED 5,000 for approved companies, AED 10,000 for unapproved companies.
- Fees note: Other charges may apply (e.g., processing fee, early settlement, insurance). Refer to the official schedule of charges.
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). يمثل معدل الربح التكلفة السنوية الإجمالية للقرض.
الحد الأدنى للدخل: 5,000 درهم إماراتي للشركات المعتمدة، 10,000 درهم إماراتي للشركات غير المعتمدة.
ملاحظة بشأن الرسوم: قد تُطبق رسوم إضافية مثل رسوم المعالجة، ورسوم الدفع المسبق، ورسوم التأمين. يُرجى الاطلاع على جدول الرسوم الرسمي.
Pros
- Fast approval process: Apply online and get approved in just 5 minutes.
- Flexible loan amounts: Borrow up to 20x your salary, with amounts up to AED 2 million.
- First EMI deferral: Enjoy up to 90 days deferral on the first installment.
- Convenient application: Easy online process with minimal documentation required.
- Wide eligibility: Available to employees of both approved and unapproved companies.
Cons
- Processing fee applies: Some upfront charges may apply depending on your loan amount.
- Salary transfer required: Salary transfer to Mashreq is mandatory for loan disbursement.
Why choose Personal Loan for Existing Customers from Mashreq?
- Emirates NBD: Personal loans with rates from 4.99%, flexible terms of 12 to 60 months, and loan amounts up to AED 1 million.
- FAB: Offers personal loans starting from 5.99%, with amounts up to AED 1.5 million and repayment periods of up to 48 months.
- RAKBANK: Personal loans with rates starting at 5.25%, offering amounts up to AED 1 million and repayment terms from 12 to 60 months.
- HSBC: Personal loans with rates starting at 6.5%, with loan terms from 6 to 48 months.
- Mashreq Al Islami: Sharia-compliant loans with competitive rates from 3.5%, offering terms from 12 to 60 months.
Sources: Official bank websites; verified on 8 August 2025.
How to apply for your Personal Loan for Existing Customers
You can apply for the Mashreq Personal Loan through the official website, mobile app, or by visiting a Mashreq branch. Ensure you have the required documents, such as your Emirates ID, ready for the application.
Disclaimer
This content is for informational purposes only and is not issued or endorsed by Mashreq. All terms, rates, and fees are subject to change and regulatory approval. Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
إخلاء مسؤولية
هذا المحتوى لأغراض إعلامية فقط وليس صادراً أو معتمداً من Mashreq. جميع الشروط والأسعار والرسوم عرضة للتغيير والموافقة التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الأساسية للحصول على المعلومات الدقيقة والمحدثة.