If you are reading this section, you must be wondering how you can access the best personal loans in Dubai. We will address the best private loan providers in Dubai and the requirements needed for one to be accepted to acquire the loans. Besides, we will be able to outline some of the vital documentation required by lenders.
Best Private Loan Providers In DubaiÂ
In Dubai, there are various personal loan Providers that you can rely on to acquire a secure loan. This section will look at some of the top-rated private loan providers in the city.
1.   Dubai Islamic Bank
It is one of the finest loan-providing banks in the UAE since it provides loans to the low-salary earning class. In addition, it provides an upfront cash payment to the borrowers with fair Interest rates.
UAE nationals pay an interest rate of 6.06% with a minimum salary requirement of AED 10K, while foreigners pay an interest rate of 6% with a minimum salary requirement of AED10K.
The borrowers are given up to two years to repay the loan, which is more favorable.
2.   Abu Dhabi Islamic Bank
ADIB bank provides lucrative loans with cheap interest rates. A UAE national is charged an interest rate of 3.72% and should have a minimum salary of AED 8K and be awarded a maximum loan amount of AED 3000K.
On the other hand, the bank levies an interest rate of 3.85% on ex-pats with a minimum salary of AED 8000 required. The maximum loan amount they can get is AED 1000K.
Found in Abu Dhabi, as its names suggest, the bank boasts of its glory for having over 100 branches across the UAE; thus, one can easily access the loan anywhere the bank is located.
3.   Ras Al Khaimah National Bank(RAK)
Found in the UAE, the RAK bank offers loans to UAE nationals and non-UAE nationals. Therefore, you can easily access loans of any amount at a reasonable interest rate.
Both of them are charged with interests rates of 3.3% and should be earning a minimum salary of AED 3K. The maximum loan you can get from the bank is AED 1500K.
4.   HSBC
The Hong Kong and Shanghai Bank provides personal loans with an almost fair interest rate of 7.49% with a minimum monthly earning of AED 7.5K.
You can borrow up to AED 750 from this bank.
5.   Commercial Bank of Dubai ( CBD)
The bank charges a fair interest rate of 3.03%. You are, however, required to have a minimum wage of AED 8K.
Also, you can get up to AED 1500K in the personal loan as an ex-pat, while the UAE nationals have a maximum loan award of AED 3000K at 3% interest. CBD has many branches you can access and get personal loans from.
6.   Emirates NBD
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