A Personal Loan for all your needs

You can use proceeds of a Mashreq Personal Loan for all your planned and unexpected needs: For example:

• Consolidate debts, such as combining multiple credit cards or other debts into one loan
• Plan a vacation with family / friends
• Renovate your home
• Plan that grand wedding
• Fund self / child’s education needs
• Attend to medical needs
• Invest in lucrative opportunities
• Interim Needs
• Property purchase in your Home Country / Overseas*

* As per the UAE Central Bank Guidelines, if a customer takes out a home loan in the UAE, for a UAE property, the customer cannot avail a Personal Loan to fund the down payment of the property purchase.

Yes, to get a Personal Loan for Emiratis, you need to transfer your salary to Mashreq.

No, you don't need to keep any assets as a security against your loan.

Minimum monthly salary of AED 10,000
Salary needs to be transferred to Mashreq
Employer needs to be part of the approved list of companies with Mashreq
The loan installment along with the overall regular monthly installments should not exceed 50% of the monthly salary.
Terms and condition apply

Now that you have decided to avail a Mashreq Personal Loan, you may walk into a nearest Mashreq branch; alternatively, you can call us on 04-424 4444 or apply online at Mashreq.com or send a SMS “UAEN” to 4250 and our bank representative shall guide you further.

Mashreq offers Personal Loans up to 20 salary multiples, max AED 3 million.

Upfront costs related to a Personal Loan are Processing fees and Insurance fee.

The minimum tenure for Personal Loan is 6 months and the maximum tenure is 48 months. For employees of the Ministry of Defense the maximum tenure is up to 60 months.

Our interest rates are competitive and are charged on a reducing balance, to know more about this get in touch with our bank representative.

EMI (Equated Monthly Installment) is calculated based on the total amount of your loan, the loan tenure, 1st due date and the annual interest rate.