You can get rid of all your financial crunches you are facing by opting for a Personal Loan in Dubai with MoneyDila that makes your searches easy and saving your time with added information about the product. There are basically four types of Personal Loan in UAE they are - Personal Loan for UAE Nationals, Personal Loan for Expatriates, and Personal Loan for Self-employed professionals, Personal Loan without Salary transfer.
The Personal Loan eligibility can differ with every bank in the UAE but the general eligibility criteria for most of the banks in the UAE is - the applicant must be of 21 years of age. The length of service can range from between one month to six months. The applicant must be drawing a minimum salary should be AED 4500, salary transfer is generally required. You must always look at your eligibility before applying for a Personal Loan.
The document that is required to apply for a Personal Loans in the UAE varies from bank to bank. Each bank requires different set of documents. However, the general document that is required are - loan application form, Identity proof such as passport copy, Copy of valid passport , income details, salary certificate for salaried employees, bank statements, trade license for self-employed customers.
Most of the bank offers the option of Islamic finance to their customers in the UAE. Some of the bank also offers optional insurance coverage to their customers. Customers can also opt for top ups depending on their salary hike as per their requirements. There are varieties of banking options that are available with MoneyDila where you get to know about the interest charges as well.